Summary by Futu AI
On September 19, 2024, Thimaya K. Subaiya, EVP of Operations at Cisco Systems, Inc. (CSCO), was granted 106,921 shares of common stock at no cost. Following this transaction, Subaiya's direct holdings in the company increased to a total of 239,831 shares. The grant, which is part of the company's compensation program, reflects Cisco's commitment to aligning the interests of its executives with those of its shareholders.