Summary by Moomoo AI
On December 9, 2024, Wesley G. Bush, a director at Cisco, acquired a total of 4,800 shares of common stock. The transaction was completed in two parts: a grant of 4,156 shares at $0 and a purchase of 644 shares at $58.95 per share.Following these transactions, Bush's direct ownership increased to 47,206 shares. Additionally, he indirectly owns 10,000 shares through the Wesley G. Bush Rev. Trust. The total value of the purchased shares amounts to approximately $37,964.This stock acquisition by a company director may be seen as a positive signal, potentially indicating confidence in Cisco's future performance. However, investors should consider this information alongside other factors when making investment decisions.