Form 4: Cisco Operations EVP Thimaya Subaiya Sells Over 8,700 Shares Under Pre-Arranged Trading Plan

Cisco Systems, Inc.'s Executive Vice President of Operations, Thimaya K. Subaiya, sold 8,726 shares of common stock on June 17, 2025, through a pre-arranged Rule 10b5-1 trading plan.

Summary

• Thimaya K. Subaiya, Executive Vice President of Operations at Cisco Systems, Inc. (CSCO), reported the sale of company common stock.
• The transactions occurred on June 17, 2025.
• A total of 8,726 shares were sold across two separate transactions.
• The first transaction involved 8,526 shares sold at a weighted average price of $65.5224 per share, with prices ranging from $65.06 to $65.97.
• The second transaction involved 200 shares sold at a weighted average price of $66.115 per share, with prices ranging from $66.11 to $66.12.
• These sales were conducted pursuant to a Rule 10b5-1 trading plan adopted by Mr. Subaiya on March 18, 2025.
• Following these transactions, Mr. Subaiya beneficially owns 174,669 shares of Cisco common stock, which includes 2,257 dividend equivalents accrued on unvested restricted stock units.

Sentiment

Score: 5

Explanation: The document reports a routine insider stock sale conducted under a pre-arranged Rule 10b5-1 plan, which is a neutral event and does not inherently indicate positive or negative sentiment regarding the company's performance or outlook.

Future Outlook

NA

Industry Context

This filing is a routine disclosure of an insider stock transaction and does not provide broader industry context or trends. It reflects an individual executive's portfolio management rather than a strategic company move.

Stakeholder Impact

• Shareholders: The sale represents a minor dilution of the executive's stake, but as it's a planned transaction, it typically has minimal direct impact on shareholder sentiment or share price.

Key Dates

Keywords

Cisco Systems, CSCO, Insider Trading, Form 4, Stock Sale, Rule 10b5-1 Plan, Executive Compensation, Thimaya K. Subaiya