Cisco (NASDAQ: CSCO) EVP sells 5,832 shares near $111 each
Rhea-AI Filing Summary
CISCO SYSTEMS, INC. (CSCO) reported that EVP, Operations Subaiya Thimaya K. sold a total of 5,832 shares of common stock on August 19, 2026 in two open-market transactions under a Rule 10b5-1 trading plan adopted on March 17, 2026. The sales were executed at weighted average prices around $111 per share, across disclosed price ranges. A portion of the reporting person’s position includes 3,517.977 dividend equivalents accrued on unvested restricted stock units, each economically equivalent to one Cisco common share.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 5,832 shares
Net Sell
2 txns
Insider
Subaiya Thimaya K.
Role
EVP, Operations
Sold
5,832 shs ($650K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2, F3 | 2,227 | $111.0018 | $247K |
| Sale | Common Stock F1, F4 | 3,605 | $111.7539 | $403K |
Holdings After Transaction:
Common Stock — 128,382.183 shares (Direct)
Footnotes (4)
- F1. This transaction was effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on March 17, 2026.
- F2. Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $110.52 to $111.30. 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 3,517.977 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 $111.52 to $112.17. 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.
Key Figures
Shares sold (total): 5,832 shares
First sale shares: 2,227 shares
First sale weighted average price: $111.0018 per share
+4 more
7 metrics
Shares sold (total)
5,832 shares
Common stock sold by EVP, Operations on August 19, 2026
First sale shares
2,227 shares
Common stock sold at a weighted average price per share
First sale weighted average price
$111.0018 per share
Weighted average sales price; trades ranged from $110.52 to $111.30
Second sale shares
3,605 shares
Common stock sold at a weighted average price per share
Second sale weighted average price
$111.7539 per share
Weighted average sales price; trades ranged from $111.52 to $112.17
Dividend equivalents on RSUs
3,517.977 dividend equivalents
Accrued on unvested restricted stock units; each equals one CSCO share economically
Rule 10b5-1 plan adoption date
March 17, 2026
Trading plan under which the August 19, 2026 sales were effected
Key Terms
Rule 10b5-1 plan, weighted average sales price per share, dividend equivalents
3 terms
Rule 10b5-1 plan regulatory
"This transaction was effected pursuant to a Rule 10b5-1 plan adopted"
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
dividend equivalents financial
"Includes 3,517.977 dividend equivalents accrued on unvested restricted"
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
FAQ
What insider transactions did CSCO report for Subaiya Thimaya K. on August 19, 2026?
CSCO reported that EVP, Operations Subaiya Thimaya K. sold 5,832 shares of common stock in two open-market transactions on August 19, 2026, as disclosed in a Form 4 filing.
Was the CSCO insider sale by Subaiya Thimaya K. under a Rule 10b5-1 plan?
Yes. The Form 4 states the transactions were effected under a Rule 10b5-1 plan adopted by the reporting person on March 17, 2026.
What are the dividend equivalents mentioned in the CSCO Form 4 filing?
The filing notes 3,517.977 dividend equivalents accrued on unvested restricted stock units, with each dividend equivalent being the economic equivalent of one share of Cisco common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.