Summary by Moomoo AI
Cisco Systems, Inc. officer Deborah Stahlkopf plans to sell 2,660 shares of common stock on 12/12/2024, with an aggregate market value of $155,849.40. The shares to be sold were recently acquired on 12/10/2024, comprising 253 dividend-equivalent shares from RSUs and 2,407 Restricted Stock Units, all obtained from the issuer.This transaction follows a previous sale by Stahlkopf on 11/15/2024, where 58,188 shares of common stock were sold for gross proceeds of $3,344,952.07. The current sale is part of a plan adopted on 12/05/2023, indicating a pre-arranged trading strategy.The consistent selling activity by the officer may be of interest to investors monitoring insider transactions. However, it's important to note that such sales can be part of regular compensation plans and may not necessarily reflect the officer's view on the company's future performance.
