[Form 4] Cisco Systems, Inc. Insider Trading Activity
Jeetendra I. Patel, President and CPO of Cisco Systems, Inc. (CSCO), reported insider sales executed under a Rule 10b5-1 plan adopted March 20, 2025. On 08/15/2025 the reporting person sold a total of 9,061 shares in three tranches at weighted average prices of $66.2119, $67.2076 and $68.205. Following these sales, the reporting person beneficially owned 237,404.986 shares directly and 200 shares indirectly (by trust). The filing discloses price ranges for the transactions and affirms the transactions were pre-planned under Rule 10b5-1.
Jeetendra I. Patel, Presidente e CPO di Cisco Systems, Inc. (CSCO), ha comunicato vendite interne effettuate in base a un piano Rule 10b5-1 adottato il 20 marzo 2025. In data 15/08/2025 la persona segnalante ha venduto un totale di 9.061 azioni in tre tranche a prezzi medi ponderati di $66.2119, $67.2076 e $68.205. Dopo queste vendite, la persona segnalante deteneva utilmente 237.404,986 azioni direttamente e 200 azioni indirettamente (tramite trust). La comunicazione indica gli intervalli di prezzo delle operazioni e specifica che le transazioni erano pianificate in anticipo ai sensi della Rule 10b5-1.
Jeetendra I. Patel, presidente y CPO de Cisco Systems, Inc. (CSCO), informó ventas internas realizadas bajo un plan Rule 10b5-1 adoptado el 20 de marzo de 2025. El 15/08/2025 la persona informante vendió un total de 9.061 acciones en tres tramos a precios medios ponderados de $66.2119, $67.2076 y $68.205. Tras estas ventas, la persona informante poseía de forma beneficiaria 237.404,986 acciones directamente y 200 acciones indirectamente (vía trust). La presentación revela los rangos de precio de las transacciones y confirma que fueron preplanificadas conforme a la Rule 10b5-1.
Jeetendra I. Patel, Cisco Systems, Inc. (CSCO) 대� � CPO� 2025� 3� 20� 채택� Rule 10b5-1 계획� 따라 내부� 매도� 신고했습니다. 2025� 8� 15� 해당 신고인은 � 9,061�� � 차례� 걸쳐 가중평균가 $66.2119, $67.2076, $68.205� 매도했습니다. � 매도 � 신고인은 직접적으� 237,404.986�왶 신탁� 통해 200주를 간접 보유하고 있었습니�. 신고서에� 거래� 가� 범위가 기재되어 있으� 거래들이 Rule 10b5-1� 따라 사전� 계획되었음이 확인됩니�.
Jeetendra I. Patel, président et CPO de Cisco Systems, Inc. (CSCO), a déclaré des ventes d'initiés exécutées dans le cadre d'un plan Rule 10b5-1 adopté le 20 mars 2025. Le 15/08/2025, la personne déclarante a vendu au total 9 061 actions en trois tranches à des prix moyens pondérés de $66.2119, $67.2076 et $68.205. Après ces ventes, la personne déclarante possédait de manière bénéficiaire 237 404,986 actions directement et 200 actions indirectement (par le biais d'un trust). Le dépôt précise les fourchettes de prix des transactions et confirme qu'elles avaient été planifiées à l'avance conformément à la Rule 10b5-1.
Jeetendra I. Patel, Präsident und CPO von Cisco Systems, Inc. (CSCO), meldete Insider-Verkäufe, die im Rahmen eines am 20. März 2025 angenommenen Rule-10b5-1-Plans durchgeführt wurden. Am 15.08.2025 verkaufte die meldende Person insgesamt 9.061 Aktien in drei Tranchen zu gewichteten Durchschnittspreisen von $66.2119, $67.2076 und $68.205. Nach diesen Verkäufen hielt die meldende Person wirtschaftlich 237.404,986 Aktien direkt und 200 Aktien indirekt (durch einen Trust). Die Meldung nennt die Preisspannen der Transaktionen und bestätigt, dass die Transaktionen gemäß Rule 10b5-1 vorgeplant waren.
- Transactions were executed under a Rule 10b5-1 plan adopted March 20, 2025, indicating pre-planned trades
- Reporting person committed to provide granular sale-price breakdowns to the issuer, SEC staff, or any security holder upon request
- Remaining beneficial ownership disclosed: 237,404.986 shares direct and 200 shares indirect (by trust)
- Reporting person disposed of 9,061 shares on 08/15/2025, which may be viewed negatively by some investors
- Sales occurred at weighted-average prices ($66.2119, $67.2076, $68.205) rather than at single uniform price, indicating multiple executions
Insights
TL;DR: Insider sales were pre-arranged under a 10b5-1 plan, indicating planned liquidity rather than opportunistic trading.
The filing shows routine disposition activity by a senior officer using a Rule 10b5-1 plan adopted March 20, 2025. The aggregate sale of 9,061 shares across three weighted-average price tranches reduces direct holdings to 237,404.986 shares, with 200 shares held indirectly in a trust. For governance review, key facts are the pre-established plan date, the specific weighted-average prices, and the continued disclosure commitment to provide granular sale-price breakdowns on request. This pattern is consistent with pre-scheduled liquidity management rather than ad hoc insider trading.
TL;DR: The disposition is modest relative to total holdings and was executed under a documented trading plan.
From a market-impact perspective, the transaction consists of 9,061 shares sold at weighted average prices between $66.21 and $68.21 on 08/15/2025. The report provides the remaining direct and indirect share counts, which remain substantial. The 10b5-1 plan disclosure and the seller's offer to provide per-price sale breakdowns enhance transparency. Absent additional context on total outstanding shares or recent holdings history, the filing represents a transparent, routine insider sale rather than a material corporate event.
Jeetendra I. Patel, Presidente e CPO di Cisco Systems, Inc. (CSCO), ha comunicato vendite interne effettuate in base a un piano Rule 10b5-1 adottato il 20 marzo 2025. In data 15/08/2025 la persona segnalante ha venduto un totale di 9.061 azioni in tre tranche a prezzi medi ponderati di $66.2119, $67.2076 e $68.205. Dopo queste vendite, la persona segnalante deteneva utilmente 237.404,986 azioni direttamente e 200 azioni indirettamente (tramite trust). La comunicazione indica gli intervalli di prezzo delle operazioni e specifica che le transazioni erano pianificate in anticipo ai sensi della Rule 10b5-1.
Jeetendra I. Patel, presidente y CPO de Cisco Systems, Inc. (CSCO), informó ventas internas realizadas bajo un plan Rule 10b5-1 adoptado el 20 de marzo de 2025. El 15/08/2025 la persona informante vendió un total de 9.061 acciones en tres tramos a precios medios ponderados de $66.2119, $67.2076 y $68.205. Tras estas ventas, la persona informante poseía de forma beneficiaria 237.404,986 acciones directamente y 200 acciones indirectamente (vía trust). La presentación revela los rangos de precio de las transacciones y confirma que fueron preplanificadas conforme a la Rule 10b5-1.
Jeetendra I. Patel, Cisco Systems, Inc. (CSCO) 대� � CPO� 2025� 3� 20� 채택� Rule 10b5-1 계획� 따라 내부� 매도� 신고했습니다. 2025� 8� 15� 해당 신고인은 � 9,061�� � 차례� 걸쳐 가중평균가 $66.2119, $67.2076, $68.205� 매도했습니다. � 매도 � 신고인은 직접적으� 237,404.986�왶 신탁� 통해 200주를 간접 보유하고 있었습니�. 신고서에� 거래� 가� 범위가 기재되어 있으� 거래들이 Rule 10b5-1� 따라 사전� 계획되었음이 확인됩니�.
Jeetendra I. Patel, président et CPO de Cisco Systems, Inc. (CSCO), a déclaré des ventes d'initiés exécutées dans le cadre d'un plan Rule 10b5-1 adopté le 20 mars 2025. Le 15/08/2025, la personne déclarante a vendu au total 9 061 actions en trois tranches à des prix moyens pondérés de $66.2119, $67.2076 et $68.205. Après ces ventes, la personne déclarante possédait de manière bénéficiaire 237 404,986 actions directement et 200 actions indirectement (par le biais d'un trust). Le dépôt précise les fourchettes de prix des transactions et confirme qu'elles avaient été planifiées à l'avance conformément à la Rule 10b5-1.
Jeetendra I. Patel, Präsident und CPO von Cisco Systems, Inc. (CSCO), meldete Insider-Verkäufe, die im Rahmen eines am 20. März 2025 angenommenen Rule-10b5-1-Plans durchgeführt wurden. Am 15.08.2025 verkaufte die meldende Person insgesamt 9.061 Aktien in drei Tranchen zu gewichteten Durchschnittspreisen von $66.2119, $67.2076 und $68.205. Nach diesen Verkäufen hielt die meldende Person wirtschaftlich 237.404,986 Aktien direkt und 200 Aktien indirekt (durch einen Trust). Die Meldung nennt die Preisspannen der Transaktionen und bestätigt, dass die Transaktionen gemäß Rule 10b5-1 vorgeplant waren.