Thread regarding Cisco Systems Inc. layoffs

Insider Buying and Selling: COO sold 3,201 shares of the company's stock

https://www.marketbeat.com/instant-alerts/nasdaq-csco-options-data-report-2023-01/

wow... :-(

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| 2472 views | | 7 replies (last January 7, 2023)
Post ID: @OP+1kySVqdM

7 replies (most recent on top)

ESPP is capped at 25K per year.

https://www.naspp.com/blog/ESPP-25000-Limit

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Post ID: @1nam+1kySVqdM

These sales are planned and documented. Nothing to see here...

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Post ID: @1hsh+1kySVqdM

That's about 10x as many shares as I sold once the ESPP hit earlier this week, and considering the COO probably makes 10x as much as me, that sounds completely normal and expected. Lock in that 15% discount. Enough with the scare tactics.

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Post ID: @nqm+1kySVqdM

Yea... Um this is someone stirring up sh-t. ESPP ever heard of it?

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Post ID: @yux+1kySVqdM

Why shouldn’t she sell some of her shares? Completely normal, as employees we do this too.

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Post ID: @xpe+1kySVqdM

This is completely standard practice? What's unusual or concerning here?

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Post ID: @spv+1kySVqdM

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