Insider trade

CFO sold ~$186K of CSCO shares in the open market

Traded Mar 20, 2026 · Filed Mar 23, 2026

CiscoCSCO

~$186K
Reported value · 2,391 sh @ $77.6777: 203K
Holds after · shares reported: +40.1%
stock since the trade · S&P 500 +17.8%, $77.65 → $108.76 on Oct 1

Why it stands out

The money chief of Cisco sold $186K 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: Mar 20, 2026
Reporting period: Not applicable
Filed with the SEC: Mar 23, 2026

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

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$185,727

Shares × reported transaction price

Timing vs results

37 days after results of Feb 11, 2026, 54 days before results of May 13, 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 $77.65 on Mar 20, 2026, 46% above its 52-week low and 11% below its high, after a 6% drop over the previous 30 trading days

52-week range $53.19 (Apr 8, 2025) to $86.78 (Feb 9, 2026), 73% of the way up, from 251 adjusted closes. 30 trading days earlier: $82.36 on Feb 5, 2026. 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	-4.0%	-0.4%	-3.6%
30 days	+9.6%	+8.5%	+1.1%
90 days	+50.3%	+14.0%	+36.3%
180 days	+37.8%	+18.4%	+19.4%

Past results only. Not a forecast.

Source receipt

Record ID: 0000858877-26-000045
Filed / recorded: Mar 23, 2026, 8:28 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: Mar 20, 2026
Transaction code: S
Shares / units: 2,391
Price per share: $77.6777
Acquired / disposed: Disposed (D)
Shares owned after: 202,541.716
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 $77.02 to $78.01. 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 1,021.837 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.