What were the weighted-average prices for the CSCO share sales?

Weighted-average sales prices reported were $66.2119 , $67.2076 , and $68.205 for the three tranches.

CSCO Form 4: President Jeetendra Patel Sells 9,061 Shares at ~$66–$68

Q: What did the CSCO insider sell and when?

On 08/15/2025 , Jeetendra I. Patel sold a total of 9,061 shares of Cisco (CSCO) in three tranches.

Q: Were the Cisco insider transactions part of a pre-arranged plan?

Yes. The transactions were effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on March 20, 2025 .

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Jeetendra I. Patel, President and CPO of Cisco Systems, Inc. (CSCO), reported insider sales executed under a Rule 10b5-1 plan adopted March 20, 2025. On 08/15/2025 the reporting person sold a total of 9,061 shares in three tranches at weighted average prices of $66.2119, $67.2076 and $68.205. Following these sales, the reporting person beneficially owned 237,404.986 shares directly and 200 shares indirectly (by trust). The filing discloses price ranges for the transactions and affirms the transactions were pre-planned under Rule 10b5-1.

Positive

Transactions were executed under a Rule 10b5-1 plan adopted March 20, 2025, indicating pre-planned trades
Reporting person committed to provide granular sale-price breakdowns to the issuer, SEC staff, or any security holder upon request
Remaining beneficial ownership disclosed: 237,404.986 shares direct and 200 shares indirect (by trust)

Negative

Reporting person disposed of 9,061 shares on 08/15/2025, which may be viewed negatively by some investors
Sales occurred at weighted-average prices ($66.2119, $67.2076, $68.205) rather than at single uniform price, indicating multiple executions

Insights

TL;DR: Insider sales were pre-arranged under a 10b5-1 plan, indicating planned liquidity rather than opportunistic trading.

The filing shows routine disposition activity by a senior officer using a Rule 10b5-1 plan adopted March 20, 2025. The aggregate sale of 9,061 shares across three weighted-average price tranches reduces direct holdings to 237,404.986 shares, with 200 shares held indirectly in a trust. For governance review, key facts are the pre-established plan date, the specific weighted-average prices, and the continued disclosure commitment to provide granular sale-price breakdowns on request. This pattern is consistent with pre-scheduled liquidity management rather than ad hoc insider trading.

TL;DR: The disposition is modest relative to total holdings and was executed under a documented trading plan.

From a market-impact perspective, the transaction consists of 9,061 shares sold at weighted average prices between $66.21 and $68.21 on 08/15/2025. The report provides the remaining direct and indirect share counts, which remain substantial. The 10b5-1 plan disclosure and the seller's offer to provide per-price sale breakdowns enhance transparency. Absent additional context on total outstanding shares or recent holdings history, the filing represents a transparent, routine insider sale rather than a material corporate event.

Insider Trade Summary

Net Seller: 9,061 shares ($603,437)

Net Sell 4 txns

Insider Patel Jeetendra I

Role President and CPO

Sold 9,061 shs ($603K)

Type	Security	Shares	Price	Value
Sale	Common Stock	5,755	$66.2119	$381K
Sale	Common Stock	3,106	$67.2076	$209K
Sale	Common Stock	200	$68.205	$14K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 240,710.986 shares (Direct); Common Stock — 200 shares (Indirect, By Trust)

Footnotes (1)

This transaction was effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on March 20, 2025. Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $65.91 to $66.89. 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. Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $66.91 to $67.73. 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. Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $68.03 to $68.38. 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.

Form 4 Insider Transactions: What Each Field Means →

08/19/2025 - 07:02 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Patel Jeetendra I

(Last)

(First)

(Middle)

170 WEST TASMAN DRIVE

(Street)

SAN JOSE

95134

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
CISCO SYSTEMS, INC. [ CSCO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	President and CPO

3. Date of Earliest Transaction (Month/Day/Year)
08/15/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	08/15/2025		S⁽¹⁾		5,755	D	$66.2119⁽²⁾	240,710.986	D
Common Stock	08/15/2025		S⁽¹⁾		3,106	D	$67.2076⁽³⁾	237,604.986	D
Common Stock	08/15/2025		S⁽¹⁾		200	D	$68.205⁽⁴⁾	237,404.986	D
Common Stock								200	I	By Trust

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. This transaction was effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on March 20, 2025.

2. Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $65.91 to $66.89. 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.

3. Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $66.91 to $67.73. 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.

4. Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $68.03 to $68.38. 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.

Remarks:

	/s/ Jeetendra I. Patel by Jay Higdon, Attorney-in-Fact	08/19/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What did the CSCO insider sell and when?

On 08/15/2025, Jeetendra I. Patel sold a total of 9,061 shares of Cisco (CSCO) in three tranches.

Were the Cisco insider transactions part of a pre-arranged plan?

Yes. The transactions were effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on March 20, 2025.

How many Cisco shares does the reporting person own after the sales?

Following the reported transactions the reporting person beneficially owned 237,404.986 shares directly and 200 shares indirectly (by trust).

Does the filing offer further transaction price details?

Yes. The reporting person states they will provide full information regarding the number of shares sold at each separate price within the disclosed ranges upon request.