CSCO President & CPO sold 7,169 shares ($840.8K) in 4 transactions on 2026-05-15 under pre-arranged 10b5-1 plan
Jeetendra I Patel, President and CPO, executed 4 separate sales totaling 7,169 shares for $840,780.61 on 2026-05-15, reducing holdings from 253,906 to 246,737 shares (-2.8%). This activity was conducted under a pre-arranged 10b5-1 trading plan adopted on 2025-12-19, making it scheduled rather than discretionary. The sale blended average of $117.28 occurred while the stock was +33.8% over 30 days and +47.6% over 90 days, trading at a 52-week high within the $60.84–$119.39 range. Patel retains substantial holdings (246.7K shares post-transaction) and his cross-ticker track record shows prior sells followed by average 90-day returns of +23.4%; his same-ticker history at CSCO demonstrates prior sells followed by mixed outcomes (range -3.1% to +55.9% over 90 days). The scheduled nature of this sale limits directional inference from timing or sizing.