A Form 4 filed on August 20, 2026 with the U.S. Securities and Exchange Commission discloses that Thimaya K. Subaiya, Executive Vice President of Operations at Cisco Systems, Inc. (NASDAQ:CSCO), sold a combined 5,832 shares of Cisco common stock on August 19, 2026 pursuant to a pre-established Rule 10b5-1 trading plan.

Key Highlights

  • First sale transaction: 2,227 shares disposed of at a weighted average price of $111.0018 per share, with individual prices ranging from $110.52 to $111.30.
  • Second sale transaction: 3,605 shares disposed of at a weighted average price of $111.7539 per share, with individual prices ranging from $111.52 to $112.17.
  • Beneficial ownership after sales: 128,382.183 shares of common stock held directly following both transactions.
  • Dividend equivalents included: The post-first-transaction figure of 131,987.183 shares includes 3,517.977 dividend equivalents accrued on unvested restricted stock units, each described as "the economic equivalent of one share of Cisco common stock."
  • 10b5-1 plan: Both transactions were effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on March 17, 2026.
  • Filing signed: Signed by Jeremy Erickson as Attorney-in-Fact on August 20, 2026.

Details of Subaiya's August 19, 2026 Cisco Share Sales

According to the filing, Thimaya K. Subaiya, who serves as Executive Vice President of Operations at Cisco Systems, Inc., sold shares of Cisco common stock on August 19, 2026 in two separate transactions. The first transaction involved the disposal of 2,227 shares at a weighted average price of $111.0018 per share. The filing notes these shares were sold across multiple transactions at prices ranging from $110.52 to $111.30, and that full per-price detail is available to the issuer, the SEC staff, or any security holder upon request.

The second transaction on the same date involved the disposal of 3,605 shares at a weighted average price of $111.7539 per share, with individual sale prices ranging from $111.52 to $112.17. The filing applies the same undertaking regarding disclosure of per-price details upon request. Both transactions were coded as sales (code "S") and are reported as direct holdings. Both were made pursuant to a Rule 10b5-1 plan that the reporting person adopted on March 17, 2026, as noted in the filing's explanation of responses.

Following the first reported transaction, the filing lists Subaiya's directly held beneficial ownership at 131,987.183 shares, a figure the filing states includes 3,517.977 dividend equivalents accrued on unvested restricted stock units. After the second transaction, directly held beneficial ownership stood at 128,382.183 shares, according to the filing. No derivative securities transactions were reported in Table II of the form.

What Was Disclosed

The filing discloses two open-market sales of Cisco common stock by EVP of Operations Thimaya K. Subaiya on August 19, 2026, totaling 5,832 shares across two transactions, both executed under a Rule 10b5-1 plan adopted March 17, 2026.