February 16, 2024 · Form 4 insider transaction
Sharritts Jeffery S. sold 12,989 shares of Cisco Systems, Inc. at $48.67 per share, a transaction worth $632.1K. The trade was recorded as open-market sale under a pre-scheduled Rule 10b5-1 plan and disclosed on an SEC Form 4, filed 5 days after the transaction.
This transaction was effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on June 13, 2023.; Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $48.40 to $49.07. 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.; Includes 6,699 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.