Summary by Futu AI
Cisco Systems, Inc. (CSCO) CEO and Chair, Charles Robbins, completed a sale of 29,099 shares of common stock on February 16, 2024. The transaction was carried out in the open market with the shares sold at a price of $48.6693 each, resulting in a total sale value of approximately $1,416,227.96. Following the sale, Robbins holds a total of 766,767 Cisco shares directly. The sale is reported in line with regulatory requirements and provides investors with insights into executive stock transactions.