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Cisco officer plans $193K stock sale under Rule 144

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(Neutral)
Form Type
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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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
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.

How many Cisco (CSCO) shares has Mark Patterson previously sold under Rule 10b5-1?

The document lists prior Rule 10b5-1 sales for Mark Patterson of 5,192 shares of Cisco common stock on August 14, 2026 for an aggregate amount of $578,979.65.

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.

On which market are the Cisco (CSCO) shares in this Form 144 intended to be sold?

The securities section identifies the planned transaction as involving Cisco common stock to be sold on NASDAQ, with a proposed sale dated September 11, 2026 and an aggregate value of $192,854.80.

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.

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Learn about SEC filing dates

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

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