Insider trade

CFO sold ~$174K of CSCO shares in the open market

Traded May 15, 2026 · Filed May 19, 2026

CiscoCSCO

~$174K
Reported value · 1,495 sh @ $116.6537: 195K
Holds after · shares reported: -4.6%
stock since the trade · S&P 500 +4.8%, $118.21 → $112.82 on Oct 5

Why it stands out

The money chief of Cisco sold $174K of Cisco shares. It was planned long ago, so it says very little.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: May 15, 2026
Reporting period: Not applicable
Filed with the SEC: May 19, 2026

CFO$100K–$500KPre-arranged plan referenced

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$174,397

Shares × reported transaction price

Timing vs results

2 days after results of May 13, 2026, 89 days before results of Aug 12, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $118.21 on May 15, 2026, at its 52-week high, after a 50% rise over the previous 30 trading days

52-week range $63.04 (May 30, 2025) to $118.21 (May 15, 2026), 100% of the way up, from 251 adjusted closes. 30 trading days earlier: $79.02 on Apr 2, 2026. Describes the past only, not a forecast

Layoff notice nearby

A WARN layoff notice covering 236 workers was filed in California on June 16, 2026.

From the official state WARN list, 32 days after the trade; 2 more notices by the company within 60 days. Shown for timing only; the two filings are separate

Planned / mechanical clue

Footnote references a pre-arranged trading plan (Rule 10b5-1)

Only flagged when a footnote says so; never inferred

After it was reported

After	Stock	S&P 500	Difference
7 days	+4.7%	+1.2%	+3.4%
30 days	+6.3%	+0.4%	+5.9%
90 days	-2.4%	+3.5%	-5.9%

Past results only. Not a forecast.

Source receipt

Record ID: 0000858877-26-000084
Filed / recorded: May 19, 2026, 9:06 PM UTC
Added to OQRO: Oct 2, 2026, 12:27 PM UTC
Parser: form4-xml-v1
Data quality: Verified: identifiers matched exactly
Issuer: CISCO SYSTEMS, INC.
Issuer CIK: 858877
Ticker: CSCO
Reporting person: Mark Patterson
Relationship: Officer
Officer title: EVP and CFO
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: May 15, 2026
Transaction code: S
Shares / units: 1,495
Price per share: $116.6537
Acquired / disposed: Disposed (D)
Shares owned after: 195,029.979
Ownership form: Direct
Amendment: No

Footnotes from the filing

This transaction was effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on December 19, 2025.
Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $115.94 to $116.93. 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.

Around the same time

Officer sold ~$625K of Cisco

Scheduled in advance4mo ago

Officer sold ~$230K of Cisco

Scheduled in advance4mo ago

4mo ago

251Shares · @ $120.17

Compensation award — excluded from discretionary-purchase analysis.

Why it stands out Official record