Cisco officer plans $193K stock sale under Rule 144
Rhea-AI Filing Summary
CISCO SYSTEMS, INC. (CSCO) reports that officer Mark Patterson has filed a Rule 144 notice for a proposed sale of 1,795 shares of common stock, related to restricted stock units from the issuer and shown with an aggregate value of $192,854.80, dated September 11, 2026 on NASDAQ.
The notice also lists a prior Rule 10b5-1 sale of 5,192 shares of Cisco common stock for $578,979.65 on August 14, 2026.
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Key Figures
Proposed shares to be sold: 1,795 shares
Aggregate value of proposed sale: $192,854.80
Shares sold in prior 10b5-1 transaction: 5,192 shares
+2 more
5 metrics
Proposed shares to be sold
1,795 shares
Common stock in Rule 144 notice dated September 11, 2026
Aggregate value of proposed sale
$192,854.80
Cisco common stock, 1,795 shares on NASDAQ
Shares sold in prior 10b5-1 transaction
5,192 shares
Common stock sale on August 14, 2026
Value of prior 10b5-1 sale
$578,979.65
Cisco common stock sold August 14, 2026
Issuer phone
408-526-4000
Cisco Systems, Inc. contact information
Key Terms
Rule 144, Restricted Stock Units, Rule 10b5-1, Executive Financial Services
4 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Units financial
"Common | 09/10/2026 | Restricted Stock Units | Issuer"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Rule 10b5-1 regulatory
"10b5-1 Sales for MARK PATTERSON 170 West Tasman Drive"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
Executive Financial Services financial
"Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Form 144 filed for CSCO disclose about upcoming sales?
The notice states that officer Mark Patterson plans a Rule 144 sale of 1,795 shares of Cisco common stock, tied to restricted stock units from the issuer, with an indicated aggregate value of $192,854.80 and a date of September 11, 2026.
What type of Cisco (CSCO) securities are covered by this Form 144 notice?
The Form 144 covers common stock of Cisco Systems, Inc., associated with restricted stock units from the issuer, with a proposed sale of 1,795 shares referenced in the notice.
Who is the insider in the Cisco (CSCO) Form 144 and what is their role?
The notice identifies Mark Patterson as the officer for whose account Cisco Systems, Inc. securities are to be sold, and it includes both the proposed Rule 144 sale and a record of prior Rule 10b5-1 sales.
What brokerage firm is associated with the planned Cisco (CSCO) Rule 144 sale?
The securities information section lists Morgan Stanley Smith Barney LLC Executive Financial Services, at One New York Plaza, as involved with the 1,795-share Cisco common stock transaction valued at $192,854.80.
AI-generated analysis. How Rhea-AI works. Not financial advice.