Cisco Systems (CSCO) CFO sells 4,892 shares in planned trades
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cisco Systems EVP and CFO Mark Patterson sold 4,892 shares of Cisco common stock in two open-market transactions on March 20, 2026 under a pre-arranged Rule 10b5-1 trading plan. The shares were sold at weighted average prices of $77.68 and $78.26 per share, across ranges from $77.02 to $78.86.
After these sales, Patterson directly holds 200,040.716 Cisco shares, which include 1,021.837 dividend equivalents accrued on unvested restricted stock units, each equivalent to one share of Cisco common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 4,892 shares ($381,450)
Net Sell
2 txns
Insider
Patterson Mark
Role
EVP and CFO
Sold
4,892 shs ($381K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,391 | $77.6777 | $186K |
| Sale | Common Stock | 2,501 | $78.2576 | $196K |
Holdings After Transaction:
Common Stock — 202,541.716 shares (Direct)
Footnotes (1)
- This transaction was effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on December 19, 2025. Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $77.02 to $78.01. The reporting person has provided to the issuer, and undertakes to provide to the staff of the Commission or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range. Includes 1,021.837 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock. Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $78.03 to $78.86. The reporting person has provided to the issuer, and undertakes to provide to the staff of the Commission or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range.
FAQ
What did Cisco (CSCO) CFO Mark Patterson report in this Form 4 filing?
Cisco EVP and CFO Mark Patterson reported selling 4,892 shares of Cisco common stock in open-market transactions on March 20, 2026, while continuing to hold 200,040.716 shares directly after the reported sales.
What additional information is available about Cisco (CSCO) CFO Mark Patterson’s sale price ranges?
Footnotes explain the reported prices are weighted averages. The shares were sold in multiple transactions at prices ranging from $77.02 to $78.01 for one sale and $78.03 to $78.86 for the other, with detailed breakdowns available upon request.