Cisco Executive Sells $78,136 Worth of Stock Amid Company's Strong Quarter
Cisco Systems Executive Vice President of Operations Thimaya K. Subaiya has sold a total of 721 shares of Cisco common stock over two transactions in September 2026, resulting in a combined value of $78,136.
The first sale occurred on September 14, 2026, when Subaiya disposed of 312 shares at a price of $110.18 per share, totaling $34,376. This transaction was executed under a Rule 10b5-1 trading plan, which he adopted on March 17, 2026.
The second sale occurred 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.
Following these transactions, Subaiya directly holds 127,661.148 shares of Cisco common stock, which includes 3,517.977 dividend equivalents accrued on unvested restricted stock units. Each equivalent represents one share of Cisco common stock.