Cisco officer plans $76K Rule 144 stock sale
Rhea-AI Filing Summary
CISCO SYSTEMS, INC. (CSCO) officer Oliver Tuszik has filed a notice under Rule 144 indicating an intention to sell 680 shares of common stock, issuable from Restricted Stock Units, through Morgan Stanley Smith Barney. The proposed sale references a value of $76,248.40 as of September 14, 2026.
The filing also notes that, under a 10b5-1 trading plan, 2,760 shares of Cisco common stock were sold on August 14, 2026 for $310,389.60.
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Key Figures
Shares to be sold: 680 shares
Referenced value for planned sale: $76,248.40
Shares sold in prior 3 months: 2,760 shares
+1 more
4 metrics
Shares to be sold
680 shares
Planned Rule 144 sale of Cisco common stock tied to RSUs
Referenced value for planned sale
$76,248.40
Value associated with the 680 shares as of September 14, 2026
Shares sold in prior 3 months
2,760 shares
10b5-1 sale on August 14, 2026
Proceeds from prior 10b5-1 sale
$310,389.60
Cisco common stock sold on August 14, 2026
Key Terms
Rule 144, Restricted Stock Units, 10b5-1
3 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.
10b5-1 regulatory
"10b5-1 Sales for OLIVER TUSZIK 170 West Tasman Drive"
A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Form 144 filing mean for CSCO?
The filing states that a Cisco Systems officer, Oliver Tuszik, plans to sell 680 shares of Cisco common stock under Rule 144, relating to shares issuable from Restricted Stock Units. It is a notice of a potential sale, not a confirmation that the sale has occurred.
What type of Cisco securities is Oliver Tuszik planning to sell?
The planned sale involves common stock of Cisco Systems, Inc. The shares are associated with Restricted Stock Units and are expected to be sold through Morgan Stanley Smith Barney as indicated in the Rule 144 notice.
Is the planned CSCO sale under a 10b5-1 plan?
The filing explicitly describes the 2,760-share sale on August 14, 2026 as a 10b5-1 transaction. The new notice to sell 680 shares is reported under Rule 144; the document does not add further detail about plan status for that specific future sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.