Form 8-K Filing - Cisco Systems, Inc.

Cisco Systems, Inc. filed a Form 8-K on March 31, 2026, reporting changes in its Board of Directors. Daniel H. Schulman resigned from the Board effective May 21, 2026, due to increased time commitments in his new role as CEO of Verizon Communications Inc. Subsequently, on April 4, 2026, the Board appointed Peter A. Shimer as a new director, effective April 6, 2026. Mr. Shimer has been deemed independent and appointed to the Audit Committee. He will receive standard non-employee director compensation, including cash retainers and an equity award, with options for deferral. Mr. Shimer has also entered into Cisco’s standard Indemnity Agreement.