'Cisco' CEO and Key Executives Sell Shares Under 10b5-1 Plan

On February 13, 2026, at Cisco Systems (NASDAQ: CSCO), CEO Charles Robbins sold approximately $1.46 million worth of company stock in an open-market transaction under a pre-established Rule 10b5-1 trading plan. On the same day, the Chief Product Officer and the Executive Vice President of Operations also sold shares valued at roughly $850,000 and $800,000, respectively, cashing in part of their holdings.

Over the past six months, Cisco’s share price has climbed about 17% amid expanded investments in AI infrastructure, 6G and secure networking—fueling expectations of gains from AI and next-generation networks—while the company simultaneously faces margin pressure from rising memory costs and ongoing security-vulnerability issues.

Headquartered in San Jose, California, Cisco is a global provider of networking and security equipment. In addition to routers, switches and security solutions, it has broadened its business into data analytics and observability platforms through its acquisition of Splunk. After these recent sales, CEO Robbins still holds about 670,000 shares, and CPO Jeetu Patel and EVP Timaya Subaiya each retain several hundred thousand shares, underscoring their significant insider stakes.

For reference, Robbins’ $1.46 million in proceeds equates to roughly KRW 2 billion, Patel’s $850,000 to about KRW 1.2 billion, and Subaiya’s $800,000 to around KRW 1.1 billion.