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Cisco (CSCO) Insider Sale Notice: 9,061 RSU Shares Planned for 08/15/2025

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Cisco Systems, Inc. (CSCO) Form 144: This notice reports a proposed sale of 9,061 common shares through Morgan Stanley Smith Barney (NASDAQ) with an aggregate market value of $627,927.30, and lists 3,959,998,180 shares outstanding for the issuer. The shares to be sold were acquired as Restricted Stock Units on 08/10/2025 and the planned sale date is 08/15/2025.

The filing also discloses recent 10b5-1 plan sales by Jeetendra Patel: 899 shares sold on 06/12/2025 for $57,778.73 and 9,961 shares sold on 05/16/2025 for $637,205.17. The filer affirms no undisclosed material adverse information and references reliance on Rule 10b5-1 procedures where applicable.

Positive

  • Required disclosure completed: Form 144 filed with broker, sale details, and acquisition method specified.
  • Use of 10b5-1 plan disclosed: Prior 10b5-1 sales on 05/16/2025 and 06/12/2025 indicate preplanned transactions.

Negative

  • Insider selling shares: Proposed sale of 9,061 shares (aggregate value $627,927.30) is reported.
  • Recent sales in past 3 months: 9,961 shares and 899 shares were sold under 10b5-1 plans generating $637,205.17 and $57,778.73 respectively.

Insights

TL;DR: Routine insider sale notice; limited direct material impact given small share count versus outstanding shares.

The Form 144 is a standard regulatory disclosure of a proposed sale of 9,061 CSCO shares valued at $627,927.30, acquired as RSUs on 08/10/2025 with a planned sale on 08/15/2025. The filing documents prior 10b5-1 plan sales by the same person on 05/16/2025 and 06/12/2025. From a market-impact perspective, the absolute share counts are small relative to reported outstanding shares, suggesting limited dilution or liquidity effect. The form includes required representations about absence of undisclosed material information, consistent with compliance norms.

TL;DR: Disclosure aligns with Rule 144 and 10b5-1 procedures; demonstrates insider compliance but warrants monitoring of recurring sales.

The notice identifies the broker, acquisition type (RSUs), acquisition and planned sale dates, and recent 10b5-1 executions. These elements indicate a preplanned disposition consistent with trading-plan defenses. The filing fulfills statutory requirements by providing market value, outstanding share count, and past three-month sales. For governance review, the explicit representation that no material nonpublic information exists is standard; the document does not provide additional context about the insider's role or motivations, limiting further governance conclusions.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does the CSCO Form 144 filed here report?

The filing reports a proposed sale of 9,061 Cisco common shares (acquired as RSUs on 08/10/2025) with aggregate market value $627,927.30, planned for 08/15/2025.

Who is the broker handling the proposed CSCO sale?

The sale is to be executed through Morgan Stanley Smith Barney LLC (Executive Financial Services, 1 New York Plaza, New York, NY).

Has this insider sold CSCO shares recently?

Yes. The filing discloses 10b5-1 plan sales by Jeetendra Patel: 9,961 shares on 05/16/2025 ($637,205.17) and 899 shares on 06/12/2025 ($57,778.73).

How many CSCO shares are outstanding according to the filing?

The filing lists 3,959,998,180 shares outstanding for the issuer.

What type of acquisition generated the shares to be sold?

The shares were acquired as Restricted Stock Units (RSUs) on 08/10/2025.