Quick Takeaways
- This page summarizes Charles H. Robbins's Form 4 filing for CISCO SYSTEMS, INC. (CSCO).
- 1 reported transaction and 0 derivative rows are listed below.
- Filing timestamp: 21 Feb 2024, 16:27.
Charles H. Robbins - 16 Feb 2024 Form 4 Insider Report for CISCO SYSTEMS, INC. (CSCO)
- Signature
- /s/ Charles Robbins by Evan Sloves, Attorney-in-Fact
- Issuer symbol
- CSCO
- Transactions as of
- 16 Feb 2024
- Net transactions value
- -$1,416,228
- Form type
- 4
- Filing time
- 21 Feb 2024, 16:27:48 UTC
- Previous filing
- 13 Feb 2024
- Next filing
- 01 Apr 2024
- SEC
- View on sec.gov
Quoteable Key Fact
"Charles H. Robbins filed Form 4 for CISCO SYSTEMS, INC. (CSCO) on 21 Feb 2024."
What Changed
- Previous filing in this sequence was filed on 13 Feb 2024.
- Current net transaction value: -$1,416,228.
Why This Matters
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Official SEC Source
Transactions Table
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CSCO | Common Stock | Sale | $1,416,228 | -29,099 | -3.7% | $48.67 | 766,767 | 16 Feb 2024 | Direct | F1, F2, F3 |
* An asterisk sign (*) next to the price indicates that the price is likely invalid.
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).
Explanation of Responses:
| Id | Content |
|---|---|
| F1 | This transaction was effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on March 7, 2023. |
| F2 | Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $48.40 to $49.03. 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. |
| F3 | Includes 34,636 dividend equivalents accrued on vested deferred restricted stock units and 19,022 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock. |