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

SEC ·  Dec 13, 2024 05:51

Summary by Futu AI

Cisco Systems, Inc. officer Thimaya Subaiya plans to sell 3,042 shares of common stock on 12/12/2024, with an estimated market value of $178,230.78. The shares were acquired on 12/10/2024 as Restricted Stock Units from the issuer.This transaction follows a previous sale by Subaiya on 11/20/2024, where 21,230 shares were sold for gross proceeds of $1,211,541.93. The current sale is part of a plan adopted on 03/15/2024.The upcoming sale represents a smaller transaction compared to the recent past, potentially indicating a planned, gradual reduction in the officer's stock holdings. Investors should note this insider activity as part of their overall assessment of Cisco's stock performance and corporate governance.
Cisco Systems, Inc. officer Thimaya Subaiya plans to sell 3,042 shares of common stock on 12/12/2024, with an estimated market value of $178,230.78. The shares were acquired on 12/10/2024 as Restricted Stock Units from the issuer.This transaction follows a previous sale by Subaiya on 11/20/2024, where 21,230 shares were sold for gross proceeds of $1,211,541.93. The current sale is part of a plan adopted on 03/15/2024.The upcoming sale represents a smaller transaction compared to the recent past, potentially indicating a planned, gradual reduction in the officer's stock holdings. Investors should note this insider activity as part of their overall assessment of Cisco's stock performance and corporate governance.

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