Form 4: Cisco CPO Sells Shares Under 10b5-1 Plan

Cisco Systems President and CPO, Jeetendra I. Patel, sold over 163,000 shares of common stock on November 14, 2025, through a pre-arranged 10b5-1 trading plan.

Summary

• Jeetendra I. Patel, President and Chief Product Officer (CPO) of Cisco Systems, Inc. (CSCO), reported the sale of common stock.
• The transactions occurred on November 14, 2025, and were executed pursuant to a Rule 10b5-1 plan adopted on March 20, 2025.
• A total of 163,896 shares of common stock were disposed of in three separate transactions.
• The sales were made at weighted average prices of $76.5893 for 15,727 shares, $77.3729 for 37,173 shares, and $78.1965 for 110,996 shares.
• Following these transactions, Mr. Patel directly beneficially owns 281,108.332 shares of common stock.
• An additional 200 shares are indirectly beneficially owned by a Trust.
• The reported beneficial ownership includes 650.209 dividend equivalents accrued on unvested restricted stock units, with each equivalent being the economic equivalent of one share of Cisco common stock.

Sentiment

Score: 5

Explanation: The filing reports a routine insider stock sale executed under a pre-arranged 10b5-1 plan, which is generally considered neutral as it's for personal liquidity rather than a signal of company performance.

Negatives

• An insider sale of 163,896 shares by a key executive, even under a 10b5-1 plan, reduces the executive's direct equity stake in the company.

Future Outlook

NA

Industry Context

NA

Key Dates

Keywords

Cisco Systems, CSCO, Insider Trading, Form 4, Stock Sale, 10b5-1 Plan, Executive Compensation, Jeetendra I. Patel