other
confidence high
sentiment neutral
materiality 0.20
Cisco CFO Scott Herren adopts 10b5-1 plan to sell shares through March 2023
CISCO SYSTEMS, INC.
- CFO R. Scott Herren adopted a pre-arranged stock trading plan on March 24, 2022 to sell shares.
- The plan is scheduled to terminate in March 2023; sales will be disclosed via Form 144 and Form 4.
- Plan adopted when not in possession of material non-public information, per Rule 10b5-1 and Cisco policy.
- Intended for gradual diversification of investment portfolio over an extended period.