Form 4: Cisco Director Sells 7,500 Shares of Common Stock

Kristina M. Johnson, a director at Cisco Systems, Inc., sold 7,500 shares of common stock on December 6, 2024, at a price of $59.87 per share.

Summary

• Kristina M. Johnson, a director of Cisco Systems, Inc., executed a sale of 7,500 shares of the company's common stock on December 6, 2024.
• The sale was conducted at a price of $59.87 per share.
• Following the transaction, Ms. Johnson directly owns 65,915 shares of Cisco common stock, which includes 8,757 dividend equivalents accrued on vested deferred restricted stock units.

Sentiment

Score: 5

Explanation: The document is a neutral report of a stock sale by a director, with no indication of positive or negative sentiment towards the company's performance.

Industry Context

This is a routine filing related to insider trading activity and is common for directors of publicly traded companies. It does not indicate any specific trend in the technology sector or Cisco's performance.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and this transaction is consistent with typical insider trading activity.
• The sale by a director is not unusual and does not necessarily indicate a negative outlook for the company, as directors may sell shares for various personal financial reasons.
• Comparable companies also have similar filings when directors or officers trade company stock.

Stakeholder Impact

• The sale of shares by a director may have a minor impact on investor sentiment, but it is not expected to significantly affect the company's operations or financial health.

Key Dates

Keywords

Cisco, Director, Stock Sale, Insider Trading, Form 4, CSCO, Kristina M. Johnson