share_log

Cisco | 144: Notice of proposed sale of securities pursuant to Rule 144

SEC ·  Dec 13, 2024 05:31

Summary by Futu AI

Cisco Systems, Inc. officer Maria Victoria Wong plans to sell 586 shares of common stock on 12/12/2024, with an aggregate market value of $34,392. The shares were acquired on 12/10/2024 through a Restricted Stock Lapse as part of equity compensation from Cisco.This transaction is part of a pre-established trading plan adopted on 02/22/2024. Over the past three months, Wong has sold a total of 5,519 shares, generating gross proceeds of $322,861. Previous sales include 638 shares on 09/12/2024 for $31,319 and 4,881 shares on 11/27/2024 for $291,542.The consistent pattern of stock sales by the officer may be part of a regular equity compensation liquidation strategy. Investors should note that insider transactions can provide insights into management's perspective on the company's valuation, though they are not necessarily indicative of future stock performance.
Cisco Systems, Inc. officer Maria Victoria Wong plans to sell 586 shares of common stock on 12/12/2024, with an aggregate market value of $34,392. The shares were acquired on 12/10/2024 through a Restricted Stock Lapse as part of equity compensation from Cisco.This transaction is part of a pre-established trading plan adopted on 02/22/2024. Over the past three months, Wong has sold a total of 5,519 shares, generating gross proceeds of $322,861. Previous sales include 638 shares on 09/12/2024 for $31,319 and 4,881 shares on 11/27/2024 for $291,542.The consistent pattern of stock sales by the officer may be part of a regular equity compensation liquidation strategy. Investors should note that insider transactions can provide insights into management's perspective on the company's valuation, though they are not necessarily indicative of future stock performance.

The information provided by Futu AI is automatically generated by third-party artificial intelligence (AI) software based on news content.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.