Patterson Mark forfeited 1,553 Cisco Systems shares at $109.43 each and sold 1,795 at $108.87, leaving holdings of 167,573 and 165,778 shares. The transactions represent about 0.9% and 1.1% of his prior holdings, giving investors the disclosed scale of the insider activity.
Key Highlights
- Patterson Mark’s Cisco share sale used transaction code S on September 11, 2026.
- His holdings stood at 167,573 shares after the forfeiture transaction.
- The forfeiture and sale represented about 0.9% and 1.1% of his prior holdings, respectively.
Patterson Mark forfeited 1,553 Cisco Systems (NASDAQ: CSCO) shares at $109.43 per share on September 10, 2026, then sold 1,795 shares at $108.87 per share on September 11, 2026. The transactions left him with reported holdings of 167,573 shares after the forfeiture and 165,778 shares after the sale.
The September 10 transaction carried code F, and the September 11 transaction carried code S. The forfeiture was priced at $109.43 per share, while the sale was executed at $108.87 per share. Patterson Mark is Cisco Systems’ EVP and CFO.
Transaction Sizes Relative to Prior Holdings
The forfeiture represented about 0.9% of Patterson Mark’s prior shareholding. The sale represented about 1.1% of his prior shareholding. The percentages apply separately to the two transactions.
FAQs
Q: What did Patterson Mark do with Cisco Systems shares?
A: Patterson Mark completed two Cisco Systems insider transactions: a forfeiture on September 10, 2026, followed by a sale on September 11, 2026. The transaction codes were F and S.
Q: How many Cisco shares did Patterson Mark hold after the transactions?
A: After the forfeiture, Patterson Mark held 167,573 Cisco Systems shares. Following the sale, his reported Cisco Systems holding was 165,778 shares. These were the post-transaction holdings stated in the filing.
Q: What percentage of Patterson Mark’s holdings did the transactions represent?
A: The forfeiture represented about 0.9% of Patterson Mark’s prior shareholding, while the sale represented about 1.1%. Those percentages describe each transaction separately.
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