Form 4: Cisco EVP Deborah Stahlkopf Executes Stock Sale Under 10b5-1 Plan
SEC Form 4
Deborah Stahlkopf, EVP and Chief Legal Officer of Cisco Systems, sold 9,643 shares of common stock at an average price of $63.4969 per share under a pre-arranged Rule 10b5-1 trading plan.
Summary
- On May 16, 2025, Deborah L. Stahlkopf, EVP and Chief Legal Officer of Cisco Systems, sold 9,643 shares of Cisco common stock.
- The sale was executed at a weighted average price of $63.4969 per share, with individual sales prices ranging from $63.06 to $63.97.
- The transaction was conducted under a pre-arranged Rule 10b5-1 trading plan adopted on November 15, 2024.
- Following the reported transaction, Stahlkopf beneficially owns 181,186 shares of Cisco common stock, which includes dividend equivalents accrued on vested and unvested restricted stock units.
Sentiment
Score: 5
Explanation: Neutral sentiment as the transaction is a routine sale under a pre-arranged plan and doesn't indicate any specific positive or negative outlook.
Industry Context
Executive stock sales are a common occurrence, and sales under 10b5-1 plans are generally viewed as less impactful since they are pre-planned. The market will likely view this as a routine transaction.
Key Dates
| Date | Description |
|---|---|
| 11/15/2024 | Date the reporting person adopted the Rule 10b5-1 plan. |
| 05/16/2025 | Date of the stock sale transaction. |
| 05/20/2025 | Date of the report filing. |
Keywords
Cisco, Stahlkopf, Stock Sale, Rule 10b5-1, Executive, CSCO, Securities, Beneficial Ownership
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