Stahlkopf Deborah L 4
4 · CISCO SYSTEMS, INC. · Filed Mar 19, 2026
Research Summary
AI-generated summary of this filing
Cisco (CSCO) EVP Deborah L. Stahlkopf Sells 7,981 Shares
What Happened
Deborah L. Stahlkopf, EVP and Chief Legal Officer of Cisco Systems (CSCO), sold 7,981 shares in an open-market transaction on March 17, 2026. The weighted-average sale price was $79.50 per share (range $79.02–$80.01), producing aggregate proceeds of approximately $634,513. The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by Stahlkopf on December 16, 2025. This was a sale (sales are often routine for liquidity or tax planning).
Key Details
- Transaction date: 2026-03-17 (filed with SEC on 2026-03-19; appears timely within the 2-business-day window)
- Shares sold: 7,981; weighted-average price $79.50; price range $79.02–$80.01
- Proceeds: ~$634,513
- 10b5-1 plan: Adopted 2025-12-16 (prearranged plan used to effect the sale)
- Dividend equivalents included: 2,170.952 DEs on vested deferred RSUs, 714.019 DEs on unvested deferred RSUs, and 3,295.315 DEs on unvested RSUs (each DE = economic equivalent of one share)
- Reporting note: Filing indicates a weighted average and range; the reporting person will provide, upon request, the number of shares sold at each specific price within that range
- Shares owned after transaction: not disclosed in this filing
Context
A Rule 10b5-1 plan lets insiders sell shares on a preset schedule and is commonly used to avoid trading on inside information. The sale included dividend-equivalent amounts tied to various RSU types, meaning some of the sold shares represented accrued dividend equivalents rather than newly exercised options or gifts. This transaction is a sale, not a purchase or option exercise, and does not by itself indicate a change in insider sentiment.
Insider Transaction Report
- Sale
Common Stock
[F1][F2][F3]2026-03-17$79.50/sh−7,981$634,513→ 187,096.969 total
Footnotes (3)
- [F1]This transaction was effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on December 16, 2025.
- [F2]Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $79.02 to $80.01. 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.
- [F3]Includes 2,170.952 dividend equivalents accrued on vested deferred restricted stock units, 714.019 dividend equivalents accrued on unvested deferred restricted stock units and 3,295.315 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.