Cisco EVP Subaiya Unloads Shares Amid Surging Stock Price
Cisco Systems EVP Subaiya Sells Shares as Stock Surges
Cisco Systems Executive Vice President of Operations Thimaya K. Subaiya has sold a total of 721.035 shares of Cisco common stock in two separate transactions, totaling $79,136.
The first sale occurred on September 14, 2026, when Subaiya sold 312 shares at a price of $110.18 per share, amounting to $34,376. This transaction was executed under a Rule 10b5-1 trading plan, which Subaiya adopted on March 17, 2026.
The second sale took place on September 10, 2026, when Subaiya disposed of 409.035 shares at a price of $109.43 per share, valued at $44,760. These shares were withheld to cover tax liabilities arising from the partial settlement of a restricted stock unit award.
The sale comes as Cisco shares have surged roughly 68% over the past year, currently trading at $110.06. According to InvestingPro analysis, the stock appears overvalued relative to its Fair Value.