CEO Robbins sells 21.4K CSCO shares for $2.6M via scheduled 10b5-1 plan on 2026-05-22
Charles Robbins executed 3 separate sales totaling 21,400 shares for $2,568,583.50 under a pre-arranged 10b5-1 trading plan adopted 2026-02-18, reducing his holdings from 658,484 to 637,084 shares (-3.2%). This is a scheduled transaction, not a discretionary choice, removing timing as a signal. Robbins' prior sales at CSCO on 2026-02-13 generated 90-day returns of +50.2%, +52.0%, +54.3%, and +55.9%, while his cross-ticker track record shows an average 90-day return of +14.6% after 20 prior sells. The stock has climbed 35.6% over 30 days and 53.2% over 90 days, trading near its 52-week high of $120.79; the blended sale price of $120.03 is -0.9% from that peak.