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BusinessNews

CFO Mark Patterson Plans $193K Cisco Share Sale

The planned sale follows Patterson's acquisition of 1,795 restricted stock units a day earlier and comes weeks after he sold 5,192 Cisco shares for approximately $578,980.

Krishna Mali
By: Krishna Mali

PUBLISHED:

UPDATED ON:
Image of Mark Patterson EVP and Chief Financial Officer
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Cisco Systems Inc. ( CSCO +4.37% CSCOCisco Systems · NASDAQ +4.37% $112.13USD Last recorded close Open chart ), EVP & CFO Mark Patterson plans to sell 1,795 shares of the company’s common stock valued at approximately $192,855.

In a filing with the SEC, Cisco said the shares are expected to be sold through Morgan Stanley Smith Barney on September 11, 2026, with approximately 3.94 billion shares outstanding at the time.

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The filing also shows Patterson acquired the 1,795 shares through restricted stock units awarded by the company on September 10, 2026.

Patterson also sold 5,192 Cisco shares on August 14, 2026, generating gross proceeds of approximately $578,980, the filing states.

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Krishna Mali
Krishna Mali
Founder & Group Editor of TechGraph.
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