[144] Cisco Systems, Inc. SEC Filing
Cisco Systems (CSCO) Form 144 shows a proposed sale of 15,863 common shares through Morgan Stanley Smith Barney on NASDAQ with an aggregate market value of $1,099,305.90, against total shares outstanding of 3,959,998,180. The shares were acquired on 08/10/2025 as restricted stock units (RSUs) and dividend-equivalent shares and the proposed approximate sale date is 08/15/2025. The filing lists prior 10b5-1 sales by the same account on 06/17/2025 of 15,678 shares for gross proceeds of $1,027,244.86. The filer certifies no undisclosed material adverse information and references Rule 10b5-1 procedures where applicable.
Cisco Systems (CSCO) - Il modulo 144 indica una proposta di vendita di 15.863 azioni ordinarie tramite Morgan Stanley Smith Barney sul NASDAQ, per un valore di mercato complessivo di $1.099.305,90, rispetto a un totale di azioni in circolazione pari a 3.959.998.180. Le azioni sono state acquistate il 10/08/2025 come unit脿 azionarie vincolate (RSU) e azioni equivalenti ai dividendi; la data approssimativa di vendita proposta 猫 il 15/08/2025. Il deposito segnala vendite precedenti ai sensi della regola 10b5-1 dallo stesso conto il 17/06/2025 di 15.678 azioni per proventi lordi di $1.027.244,86. Il dichiarante certifica l'assenza di informazioni materiali non divulgate e fa riferimento, ove applicabile, a procedure 10b5-1.
Cisco Systems (CSCO) - El Formulario 144 muestra una propuesta de venta de 15.863 acciones ordinarias a trav茅s de Morgan Stanley Smith Barney en el NASDAQ, por un valor de mercado agregado de $1.099.305,90, frente a un total de acciones en circulaci贸n de 3.959.998.180. Las acciones se adquirieron el 10/08/2025 como unidades de acci贸n restringida (RSU) y acciones equivalentes por dividendos; la fecha aproximada de venta propuesta es el 15/08/2025. La presentaci贸n lista ventas previas bajo 10b5-1 desde la misma cuenta el 17/06/2025 por 15.678 acciones con ingresos brutos de $1.027.244,86. El declarante certifica que no existe informaci贸n adversa material no divulgada y hace referencia a procedimientos 10b5-1 cuando procede.
Cisco Systems (CSCO) - Form 144電� Morgan Stanley Smith Barney毳� 韱淀暣 NASDAQ鞐愳劀 15,863 氤错喌欤� 毵り皝 鞝滌晥鞚� 氤搓碃頄堨溂氅�, 齑� 鞁滉皜鞎§潃 $1,099,305.90鞚搓碃 齑� 氚滍枆欤检嫕靾橂姅 3,959,998,180鞛呺媹雼�. 頃措嫻 欤检嫕鞚� 2025-08-10鞐� 鞝滍暅攵� 欤检嫕 雼渼(RSU) 氚� 氚半嫻 靸侅潙 欤检嫕鞙茧 旆摑霅橃棃瓿�, 鞓堨爼霅� 雽�霝奠爜 毵り皝鞚检潃 2025-08-15鞛呺媹雼�. 鞝滌稖靹滊鞐愲姅 霃欖澕 瓿勳鞚� 2025-06-17鞛� 10b5-1 毵り皝鞙茧 15,678欤茧ゼ 觳橂秳頃橃棳 齑濎垬鞛� $1,027,244.86毳� 鞓Π 旮半鞚� 旮办灛霅橃柎 鞛堨姷雼堧嫟. 鞝滌稖鞚胳潃 氙戈车臧� 欷戨寑頃� 攵堧Μ頃� 鞝曤炒臧� 鞐嗢潓鞚� 鞚胳頃橂┌, 頃措嫻霅橂姅 瓴届毎 10b5-1 鞝堨皑毳� 鞏戈笁頃╇媹雼�.
Cisco Systems (CSCO) - Le formulaire 144 indique une proposition de vente de 15 863 actions ordinaires via Morgan Stanley Smith Barney sur le NASDAQ, pour une valeur de march茅 totale de 1 099 305,90 $, sur un total d'actions en circulation de 3 959 998 180. Les actions ont 茅t茅 acquises le 10/08/2025 en tant qu'unit茅s d'actions restreintes (RSU) et actions 茅quivalentes aux dividendes ; la date approximative de vente propos茅e est le 15/08/2025. Le d茅p么t signale des ventes ant茅rieures en vertu de la r猫gle 10b5-1 par le m锚me compte le 17/06/2025 de 15 678 actions pour un produit brut de 1 027 244,86 $. Le d茅clarant certifie qu'il n'existe aucune information d茅favorable mat茅rielle non divulgu茅e et se r茅f猫re, le cas 茅ch茅ant, aux proc茅dures 10b5-1.
Cisco Systems (CSCO) - Das Formular 144 weist einen vorgeschlagenen Verkauf von 15.863 Stammaktien 眉产别谤 Morgan Stanley Smith Barney an der NASDAQ mit einem Gesamtmarktwert von $1.099.305,90 aus, bei insgesamt 3.959.998.180 ausstehenden Aktien. Die Aktien wurden am 10.08.2025 als Restricted Stock Units (RSUs) und dividenden盲quivalente Aktien erworben; das vorgeschlagene ungef盲hre Verkaufsdatum ist der 15.08.2025. Die Einreichung nennt fr眉here 10b5-1-Verk盲ufe desselben Kontos am 17.06.2025 眉产别谤 15.678 Aktien mit Bruttoerl枚sen von $1.027.244,86. Der Einreicher best盲tigt, dass keine nicht offengelegten wesentlichen nachteiligen Informationen vorliegen, und verweist gegebenenfalls auf 10b5-1-Verfahren.
- Full disclosure of broker and transaction details including broker name, share counts, dates, and aggregate market value
- Acquisition method explicitly stated as RSUs and dividend-equivalent shares, clarifying insider source of shares
- Prior 10b5-1 sales disclosed (06/17/2025 sale of 15,678 shares), indicating patterned, documented dispositions
- Rapid disposal after acquisition: shares acquired 08/10/2025 with proposed sale on 08/15/2025 (five-day gap), which may attract governance scrutiny despite small size
Insights
TL;DR: Insider proposes a small post-vesting sale of RSUs: economically modest relative to Cisco's large float; indicates routine tax/liquidity event, not a company-level signal.
The transaction involves 15,863 common shares valued at $1.10M against nearly 4.0B shares outstanding, representing an immaterial dilution or market impact. The shares were acquired as RSUs on 08/10/2025 and a sale is planned for 08/15/2025, consistent with routine post-vesting dispositions. A prior 10b5-1 sale on 06/17/2025 of 15,678 shares for $1.03M suggests recurring scripted sales rather than an isolated large divestiture. From a financial-materiality standpoint, this filing is neutral for CSCO's market valuation.
TL;DR: Filing documents compliance with Rule 144 and references Rule 10b5-1 sales; procedural transparency is appropriate for insider dispositions.
The Form 144 discloses the nature of acquisition (RSUs and dividend-equivalent shares) and provides broker details, dates, and prior recent 10b5-1 activity. The representation on absence of undisclosed material adverse information is standard. The short interval between RSU acquisition (08/10/2025) and proposed sale (08/15/2025) is disclosed; governance stakeholders may note timing but the transaction size is small relative to outstanding shares. Recordkeeping of broker and prior sales supports regulatory compliance.
Cisco Systems (CSCO) - Il modulo 144 indica una proposta di vendita di 15.863 azioni ordinarie tramite Morgan Stanley Smith Barney sul NASDAQ, per un valore di mercato complessivo di $1.099.305,90, rispetto a un totale di azioni in circolazione pari a 3.959.998.180. Le azioni sono state acquistate il 10/08/2025 come unit脿 azionarie vincolate (RSU) e azioni equivalenti ai dividendi; la data approssimativa di vendita proposta 猫 il 15/08/2025. Il deposito segnala vendite precedenti ai sensi della regola 10b5-1 dallo stesso conto il 17/06/2025 di 15.678 azioni per proventi lordi di $1.027.244,86. Il dichiarante certifica l'assenza di informazioni materiali non divulgate e fa riferimento, ove applicabile, a procedure 10b5-1.
Cisco Systems (CSCO) - El Formulario 144 muestra una propuesta de venta de 15.863 acciones ordinarias a trav茅s de Morgan Stanley Smith Barney en el NASDAQ, por un valor de mercado agregado de $1.099.305,90, frente a un total de acciones en circulaci贸n de 3.959.998.180. Las acciones se adquirieron el 10/08/2025 como unidades de acci贸n restringida (RSU) y acciones equivalentes por dividendos; la fecha aproximada de venta propuesta es el 15/08/2025. La presentaci贸n lista ventas previas bajo 10b5-1 desde la misma cuenta el 17/06/2025 por 15.678 acciones con ingresos brutos de $1.027.244,86. El declarante certifica que no existe informaci贸n adversa material no divulgada y hace referencia a procedimientos 10b5-1 cuando procede.
Cisco Systems (CSCO) - Form 144電� Morgan Stanley Smith Barney毳� 韱淀暣 NASDAQ鞐愳劀 15,863 氤错喌欤� 毵り皝 鞝滌晥鞚� 氤搓碃頄堨溂氅�, 齑� 鞁滉皜鞎§潃 $1,099,305.90鞚搓碃 齑� 氚滍枆欤检嫕靾橂姅 3,959,998,180鞛呺媹雼�. 頃措嫻 欤检嫕鞚� 2025-08-10鞐� 鞝滍暅攵� 欤检嫕 雼渼(RSU) 氚� 氚半嫻 靸侅潙 欤检嫕鞙茧 旆摑霅橃棃瓿�, 鞓堨爼霅� 雽�霝奠爜 毵り皝鞚检潃 2025-08-15鞛呺媹雼�. 鞝滌稖靹滊鞐愲姅 霃欖澕 瓿勳鞚� 2025-06-17鞛� 10b5-1 毵り皝鞙茧 15,678欤茧ゼ 觳橂秳頃橃棳 齑濎垬鞛� $1,027,244.86毳� 鞓Π 旮半鞚� 旮办灛霅橃柎 鞛堨姷雼堧嫟. 鞝滌稖鞚胳潃 氙戈车臧� 欷戨寑頃� 攵堧Μ頃� 鞝曤炒臧� 鞐嗢潓鞚� 鞚胳頃橂┌, 頃措嫻霅橂姅 瓴届毎 10b5-1 鞝堨皑毳� 鞏戈笁頃╇媹雼�.
Cisco Systems (CSCO) - Le formulaire 144 indique une proposition de vente de 15 863 actions ordinaires via Morgan Stanley Smith Barney sur le NASDAQ, pour une valeur de march茅 totale de 1 099 305,90 $, sur un total d'actions en circulation de 3 959 998 180. Les actions ont 茅t茅 acquises le 10/08/2025 en tant qu'unit茅s d'actions restreintes (RSU) et actions 茅quivalentes aux dividendes ; la date approximative de vente propos茅e est le 15/08/2025. Le d茅p么t signale des ventes ant茅rieures en vertu de la r猫gle 10b5-1 par le m锚me compte le 17/06/2025 de 15 678 actions pour un produit brut de 1 027 244,86 $. Le d茅clarant certifie qu'il n'existe aucune information d茅favorable mat茅rielle non divulgu茅e et se r茅f猫re, le cas 茅ch茅ant, aux proc茅dures 10b5-1.
Cisco Systems (CSCO) - Das Formular 144 weist einen vorgeschlagenen Verkauf von 15.863 Stammaktien 眉产别谤 Morgan Stanley Smith Barney an der NASDAQ mit einem Gesamtmarktwert von $1.099.305,90 aus, bei insgesamt 3.959.998.180 ausstehenden Aktien. Die Aktien wurden am 10.08.2025 als Restricted Stock Units (RSUs) und dividenden盲quivalente Aktien erworben; das vorgeschlagene ungef盲hre Verkaufsdatum ist der 15.08.2025. Die Einreichung nennt fr眉here 10b5-1-Verk盲ufe desselben Kontos am 17.06.2025 眉产别谤 15.678 Aktien mit Bruttoerl枚sen von $1.027.244,86. Der Einreicher best盲tigt, dass keine nicht offengelegten wesentlichen nachteiligen Informationen vorliegen, und verweist gegebenenfalls auf 10b5-1-Verfahren.
FAQ
What shares does the Form 144 for CSCO disclose?
When were the shares acquired and how were they obtained?
What is the proposed sale date and estimated market value?
Through which broker will the sale occur?
Has the filer sold shares recently?
How large is this sale relative to Cisco's outstanding shares?
