Cisco EVP Sells 5,832 Shares Under Pre-Arranged Trading Plan
Cisco Systems' EVP of Operations Subaiya Thimaya K. recently sold a significant number of shares, totaling 5,832, at weighted average prices around $111 per share.
The sales were executed on August 19, 2026, under a Rule 10b5-1 trading plan adopted by the reporting person on March 17, 2026. This type of plan allows corporate insiders to buy or sell company stock at set times or amounts, even if they later learn material nonpublic information.
A portion of the shares sold included 3,517.977 dividend equivalents accrued on unvested restricted stock units, which are equivalent to one Cisco common share economically.