Insider trade

CFO sold ~$3.75M of CSCO shares in the open market

Traded Nov 18, 2025 · Filed Nov 20, 2025

CiscoCSCO

~$3.75M
Reported value · 49K sh @ $77.1636: 229K
Holds after · shares reported: +40.6%
stock since the trade · S&P 500 +15.7%, $77.37 → $108.76 on Oct 1

Why it stands out

The money chief of Cisco sold $3.75M 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: Nov 18, 2025
Reporting period: Not applicable
Filed with the SEC: Nov 20, 2025

CFO$1M+Pre-arranged plan referenced

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$3,752,620

Shares × reported transaction price

Timing vs results

6 days after results of Nov 12, 2025, 85 days before results of Feb 11, 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 $77.37 on Nov 18, 2025, within 1% of its 52-week high, after a 12% rise over the previous 30 trading days

52-week range $53.19 (Apr 8, 2025) to $78.00 (Nov 14, 2025), 97% of the way up, from 250 adjusted closes. 30 trading days earlier: $68.985 on Oct 7, 2025. Describes the past only, not a forecast

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	+1.1%	+3.7%	-2.6%
30 days	+2.6%	+3.9%	-1.3%
90 days	+3.2%	+3.9%	-0.6%
180 days	+50.3%	+12.5%	+37.8%

Past results only. Not a forecast.

Source receipt

Record ID: 0000858877-25-000182
Filed / recorded: Nov 20, 2025, 10:45 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: Nov 18, 2025
Transaction code: S
Shares / units: 48,632
Price per share: $77.1636
Acquired / disposed: Disposed (D)
Shares owned after: 229,180.684
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 11, 2024.
Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $76.48 to $77.47. 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 520.165 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.