Summary by Moomoo AI
On March 11, 2024, Richard Scott Herren, the Executive Vice President and Chief Financial Officer of Cisco Systems, Inc. (CSCO), completed a sale of 13,942 shares of common stock at a price of $50.00 per share. The transaction, which took place on the open market, resulted in a total sale value of $697,100. Following the sale, Herren's direct holdings in Cisco common stock amounted to 328,490.801 shares. The sale is part of the normal course of stock trading activities by corporate executives and is reported in compliance with regulatory requirements.