Summary by Futu AI
Cisco's Chair and CEO, Robbins Charles, was granted 216,175 shares of common stock on September 19, 2024, as per the latest filing with the SEC. The transaction, which was completed on the same day, was a grant and not a market purchase, indicating the shares were awarded at no cost. Following this transaction, Robbins now directly holds a total of 899,578 shares in the company. The grant is part of the company's compensation program and reflects the ongoing commitment of the executive to the company.