Form 4: Cisco EVP Deborah Stahlkopf Sells Shares Under 10b5-1 Plan

Deborah Stahlkopf, EVP and Chief Legal Officer of Cisco Systems, sold shares of common stock on February 21, 2025, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• Deborah L. Stahlkopf, EVP and Chief Legal Officer of Cisco Systems, sold shares of Cisco common stock on February 21, 2025.
• The sales were executed under a Rule 10b5-1 trading plan adopted on November 15, 2024.
• A total of 11,808 shares were sold in two transactions at weighted average prices of $64.3559 and $64.94.
• Following the transactions, Stahlkopf beneficially owns 200,191 shares of Cisco common stock.
• The reported holdings include dividend equivalents accrued on vested and unvested deferred restricted stock units.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing related to stock sales by an executive. It doesn't inherently convey positive or negative sentiment about the company's performance.

Industry Context

Executive stock sales are a common occurrence, and sales under 10b5-1 plans are generally viewed as less indicative of the executive's view of the company's prospects, as the plans are pre-arranged.

Stakeholder Impact

• The stock sale may have a minor impact on shareholders due to the increased supply of shares in the market, but the effect is likely minimal given the relatively small volume of shares sold.

Key Dates

Keywords

Cisco, Stahlkopf, insider trading, Form 4, CSCO, Rule 10b5-1, stock sale, executive compensation, securities, ownership