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Ciena Corp EVP & Chief Strategy Officer Sells $826K in Stock Under 10b5-1 Plan

Low SignificanceSeptember 17, 2026 at 6:04:05 PM EDT

CIENA CORP

$CIEN4CIK: 0000936395

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Filing Summary

šŸ“Š **Form 4 Insider Filing: CIENA CORP ($CIEN)**
**Insider:** Rothenstein David M (EVP & Chief Strategy Officer)
**Transaction:** Sold 2,500 shares of Common Stock at $330.48 (Weighted Avg)
**Total Transaction Value:** $826,208.25
**Remaining Holdings:** 177,731 shares
**Notes:** Executed pursuant to a Rule 10b5-1 trading plan established on October 10, 2025.

Comprehensive Analysis

Executive Insider Transaction Summary

Company: CIENA CORP ($CIEN)
Insider: David M. Rothenstein, Executive Vice President & Chief Strategy Officer
Filing Date: September 17, 2026
Transaction Date: September 15, 2026

Key Details

  • Transaction: Open-market sale of 2,500 shares of Common Stock.
  • Execution Price: Weighted average price of $330.4833 per share (prices ranged from $321.4000 to $335.4100).
  • Gross Proceeds: $826,208.25.
  • Post-Transaction Beneficial Ownership: 177,731 shares (direct), which includes unvested Restricted Stock Units (RSUs) and Performance Stock Units (PSUs).

Significance & Context

  • Rule 10b5-1 Plan: The transaction was conducted under a pre-established Rule 10b5-1 trading plan adopted on October 10, 2025, minimizing concerns regarding discretionary insider timing.
  • Portfolio Impact: The sale represents approximately 1.39% of Mr. Rothenstein's reported pre-transaction holdings (180,231 shares), leaving the executive with substantial continued equity alignment.
  • Overall Rating: Low signaling value due to the pre-scheduled nature and relatively modest reduction in overall holdings.
Topics:#CIEN#Ciena#InsiderTrading#SECForm4#StockMarket

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