Cisco CAO Sells 2,274 Shares Under Pre-Arranged Trading Plan
Cisco Systems' (NASDAQ: CSCO) Chief Accounting Officer, Nichlas A. Fink, has sold 2,274 shares of company stock under a pre-arranged trading plan. The sale was made on September 8, 2026, at $109.36 per share and totals approximately $248,684.64 in value.
The transaction was conducted through an open-market or private deal, as stipulated by the Rule 10b5-1 plan adopted by Fink on June 6, 2026. This type of plan allows corporate insiders to buy or sell company stock at set times or amounts, reducing the risk of insider-trading accusations.
Following the sale, Nichlas A. Fink directly holds 31,352.09 shares of Cisco common stock. The Rule 10b5-1 plan ensures that these trades were pre-planned and not based on secret information.