Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CSCO | Common Stock | Tax liability | -$176K | -2.99K | -1.4% | $58.95 | 211K | Dec 10, 2024 | Direct | F1, F2 |
transaction | CSCO | Common Stock | Sale | -$180K | -3.04K | -1.44% | $59.19 | 208K | Dec 12, 2024 | Direct | F3, F4 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
Id | Content |
---|---|
F1 | Represents shares withheld for payment of tax liability arising as a result of the partial settlement of two (2) restricted stock unit awards originally reported by the reporting person in a Form 3 filed with the Commission on March 14, 2024. |
F2 | Includes 759 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock. |
F3 | This transaction was effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on March 15, 2024. |
F4 | Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $59.06 to $59.54. The reporting person has provided to the issuer, and undertakes to provide to the staff of the Commission or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range. |