Thimaya K. Subaiya - 10 Sep 2024 Form 4 Insider Report for CISCO SYSTEMS, INC. (CSCO)

Signature
/s/ Thimaya K. Subaiya by Evan Sloves, Attorney-in-Fact
Issuer symbol
CSCO
Transactions as of
10 Sep 2024
Net transactions value
-$128,568
Form type
4
Filing time
12 Sep 2024, 18:32:59 UTC
Previous filing
22 Aug 2024
Next filing
23 Sep 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CSCO Common Stock Tax liability $63,602 -1,306 -0.96% $48.70 134,238 10 Sep 2024 Direct F1
transaction CSCO Common Stock Sale $64,966 -1,328 -0.99% $48.92 132,910 12 Sep 2024 Direct F2
* 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 Represents shares withheld for payment of tax liability arising as a result of the partial settlement of a restricted stock unit award originally reported by the reporting person in a Form 3 filed with the Commission on March 14, 2024.
F2 This transaction was effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on March 15, 2024.