'Cisco' Executives Sell Portions of Shares in March
Between March 10 and 18, three executives at Cisco Systems, Inc. (NASDAQ: CSCO)—EVP of Operations Thimaya K. Subaiya, Chief Legal Officer Deborah L. Stahlkopf, and EVP of Global Sales Oliver Tuszik—sold portions of their shareholdings.
Subaiya disposed of roughly $260,000 worth of shares to cover taxes on RSU vesting and under a pre-planned trading program, reducing her direct holdings to the mid-150,000-share range.
Under their own pre-planned trading programs, Stahlkopf and Tuszik sold approximately $635,000 and $250,000 in shares, respectively. Even after these transactions, each continues to hold several hundred thousand Cisco shares.
In February, Cisco reported fiscal 2026 second-quarter revenue of about $15.3 billion, delivering double-digit growth in both revenue and profit. The company is targeting record full-year revenue for fiscal 2026, driven by robust demand for AI infrastructure. In March, Cisco plans to participate in various conferences and events for the financial community to discuss its results, outline its AI and networking strategies, and maintain ongoing investor engagement.
Headquartered in California, Cisco is a global provider of networking and security equipment—supplying switches, routers, security solutions, and collaboration software to enterprises and public-sector organizations worldwide. Recently, through major acquisitions including Splunk in 2023 and the launch of its in-house network chip Silicon One, Cisco has expanded its footprint in AI data centers and secure networking, positioning itself as a core infrastructure provider for the AI era.
Source: SEC 4 Filing