Summary by Futu AI
On September 19, 2024, Richard Scott Herren, the EVP and CFO of Cisco Systems, Inc. (CSCO), was granted 136,081 shares of common stock at no cost. Following this transaction, Herren's direct holdings in the company increased to a total of 429,265.214 shares. The grant, which is part of the company's compensation program, reflects the ongoing commitment to align executive interests with those of shareholders. The transaction was completed successfully, with the shares being directly held by Herren.