Subaiya Thimaya K. 4

What Happened
Subaiya Thimaya K., Executive Vice President, Operations at Cisco Systems (CSCO), sold a total of 10,233 shares of Cisco common stock in open-market transactions on February 19, 2026 for aggregate proceeds of approximately $804,268. The filing reports two sales: 8,433 shares reported at $78.50 per share (proceeds $661,987) and 1,800 shares reported at $79.05 per share (proceeds $142,281).

Key Details

• Transaction date: 2026-02-19 (filed on Form 4 on 2026-02-20).
• Sale type: Open-market sales (transaction code S).
• Breakdown: 8,433 shares @ $78.50 (F2: weighted avg; price range $78.01–$79.00) and 1,800 shares @ $79.05 (F4: weighted avg; price range $79.01–$79.12).
• Total proceeds: ~ $804,268.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Notable footnotes: F1 — transactions executed under a Rule 10b5-1 plan adopted March 18, 2025; F2/F4 — weighted-average sale prices with reported price ranges and undertakings to provide breakdowns on request; F3 — notes 3,212.419 dividend equivalents accrued on unvested restricted stock units (each DE equals one share economic equivalent).
• Filing timeliness: Reported the day after the trades (Feb 20 for Feb 19 trades), indicating a timely Form 4 filing.

Context
These sales were executed under a pre-established 10b5-1 trading plan, which typically indicates pre-planned, automated sales rather than discretionary trades based on current company views. For retail investors, purchases by insiders tend to carry more forward-looking informational value than routine sales; this filing documents a routine disposition of shares rather than an acquisition or option exercise.