Summary by Futu AI
Cisco's EVP & Chief Operating Officer, Maria Martinez, completed a sale of 10,307 shares of the company's common stock on February 10, 2024. The transaction was carried out at a price of $50.13 per share, resulting in a total value of $516,689.91. Following the sale, Martinez's direct holdings in Cisco stand at 531,518 shares. Additionally, Martinez has an indirect beneficial ownership of 1,276 shares through a trust. The sale was executed as a means to cover the exercise price or tax liability by delivering or withholding securities, according to the transaction code description.