Cisco executive sells shares in planned trade
Cisco Systems President and CPO Jeetendra I. Patel reported multiple open-market sales of Cisco common stock on February 13, 2026.
Rhea-AI Filing Summary
Cisco Systems President and CPO Jeetendra I. Patel reported multiple open-market sales of Cisco common stock on February 13, 2026. He sold 2,700 shares at a weighted average price of $74.1229, 900 shares at $74.8889, 1,100 shares at $76.0455, and 6,548 shares at $76.9198, all under a Rule 10b5-1 trading plan adopted on March 20, 2025. Following these transactions, he beneficially owned 262,775.718 shares directly, which include 1,277.300 dividend-equivalent shares tied to unvested restricted stock units, and an additional 200 shares held indirectly by a trust.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,700 | $74.1229 | $200K |
| Sale | Common Stock | 900 | $74.8889 | $67K |
| Sale | Common Stock | 1,100 | $76.0455 | $84K |
| Sale | Common Stock | 6,548 | $76.9198 | $504K |
| holding | Common Stock | -- | -- | -- |
Footnotes (6)
- F1. This transaction was effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on March 20, 2025.
- F2. Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $73.51 to $74.49. The reporting person has provided to the issuer, and undertakes to provide to the staff of the Commission or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range.
- F3. Includes 1,277.300 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.
- F4. Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $74.55 to $75.51. The reporting person has provided to the issuer, and undertakes to provide to the staff of the Commission or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range.
- F5. Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $75.57 to $76.51. The reporting person has provided to the issuer, and undertakes to provide to the staff of the Commission or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range.
- F6. Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $76.57 to $77.22. The reporting person has provided to the issuer, and undertakes to provide to the staff of the Commission or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range.
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