Herren Richard Scott sold CSCO
March 11, 2024 · Form 4 insider transaction
Herren Richard Scott sold 13,942 shares of Cisco Systems, Inc. at $50.00 per share, a transaction worth $697.1K. The trade was recorded as open-market sale under a pre-scheduled Rule 10b5-1 plan and disclosed on an SEC Form 4, filed 1 day after the transaction.
Direction
Disposed (sell-side)
Shares
13,942
Price
$50.00
Total value
$697.1K
InsiderHerren Richard Scott
RoleOfficer, Director
CompanyCisco Systems, Inc. (CSCO)
SecurityCommon Stock
Transaction codeS: Open-market sale
Transaction dateMarch 11, 2024
Filing dateMarch 12, 2024
Shares owned after328,491
OwnershipDirect
10b5-1 planYes
AmendedNo
Footnotes
This transaction was effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on March 23, 2023.; Includes 2,637 dividend equivalents accrued on vested deferred restricted stock units, 2,051 dividend equivalents accrued on unvested deferred restricted stock units and 8,043 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.