Summary by Moomoo AI
Cisco Systems, Inc. officer Jeffery Sharritts is set to sell 12,989 shares of common stock on February 16, 2024, with an aggregate market value of $637,240.34. The shares to be sold were recently acquired on February 10, 2024, as dividend equivalent shares from RSUs and Restricted Stock Units, both from the issuer, totaling 12,989 shares. This transaction follows a recent history of sales by Sharritts over the past three months, where a total of 49,104 shares were sold for gross proceeds of $2,359,389.05.