Cisco (CSCO) Insider Sale Notice: 475 Shares via ESPP, Prior 10b5-1 Sales

Rhea-AI Filing Summary

Cisco Systems, Inc. (CSCO) Form 144 notifies a proposed sale of 475 common shares by an insider through Morgan Stanley Smith Barney, with an aggregate market value of $32,917.50 and an approximate sale date of 08/15/2025 on NASDAQ. The filer reports acquiring these shares on 06/30/2025 under an Employee Stock Purchase Plan and paying cash. The filing also discloses two recent 10b5-1 plan sales by the same person: 762 shares on 06/11/2025 for $48,821.34 and 4,185 shares on 05/28/2025 for $265,780.98. The notice includes the standard representation that the seller is unaware of undisclosed material adverse information and references Rule 10b5-1 where applicable.

Positive

• Disclosure compliance: The Form 144 provides required details (acquisition date, payment method, broker, and sale date) consistent with Rule 144 filings.
• Use of 10b5-1 plans: Prior sales were executed under 10b5-1 plans, indicating pre-arranged trading and reduced potential for timing concerns.

Negative

• Insider selling: The filer sold 4,947 shares in the past three months and proposes an additional sale of 475 shares, representing insider liquidity which could be viewed negatively by some investors.

Insights

Securities Analyst

TL;DR: Routine insider sale under Rule 144 and prior 10b5-1 activity; not a material corporate development.

The filing documents a small planned sale of 475 shares valued at approximately $32.9k, acquired via an ESPP and to be sold through a broker. Prior 10b5-1-driven sales earlier in the quarter total 4,947 shares and roughly $314.6k in proceeds. From an investor-impact perspective, these transactions are routine insider liquidity events and comply with Rule 144 and 10b5-1 disclosures; they do not disclose any new corporate information or signal material operational change.

Corporate Governance Expert

TL;DR: Disclosure appears compliant; the filing reiterates required representations and trading-plan dates.

The Form 144 includes the acquisition method (ESPP), payment details (cash), broker identification, and dates for prior 10b5-1 sales, which supports transparency. The seller affirmatively represents absence of undisclosed material adverse information, and the filing references plan adoption/instruction dates where needed. For governance review, documentation shown meets standard insider-reporting expectations but contains no governance changes or material events.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	475	32917.50	3959998180	08/15/2025	NASDAQ

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	06/30/2025	Employee Stock Purchase Plan	Issuer			475	06/30/2025	Cash

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
10b5-1 Sales for MARIA VICTORIA WONG 170 West Tasman Drive San Jose CA 95134	Common	06/11/2025	762	48821.34
10b5-1 Sales for MARIA VICTORIA WONG 170 West Tasman Drive San Jose CA 95134	Common	05/28/2025	4185	265780.98

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does Cisco's (CSCO) Form 144 disclose about the planned sale?

The filing discloses a proposed sale of 475 common shares through Morgan Stanley Smith Barney with an aggregate market value of $32,917.50, approx. sale date 08/15/2025 on NASDAQ.

How and when were the 475 shares acquired?

The shares were acquired on 06/30/2025 under an Employee Stock Purchase Plan and paid for in cash on that date.

Has the seller made other recent sales of CSCO stock?

Yes, the seller executed 10b5-1 sales of 762 shares on 06/11/2025 for $48,821.34 and 4,185 shares on 05/28/2025 for $265,780.98.

Does the filing indicate any undisclosed material information about Cisco?

The seller represents that they do not know of any undisclosed material adverse information; the filing itself contains no new operational or financial disclosures about Cisco.

Through which broker will the proposed sale be executed?

The proposed sale lists Morgan Stanley Smith Barney LLC, Executive Financial Services, 1 New York Plaza as the broker.