Ciena Officer Files Form 144 for Routine Share Sale
CIENA CORP
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Filing Summary
Form 144 Filing Analysis
- Company: CIENA CORP ($CIEN)
- Insider: Brodie Gage (Officer)
- Proposed Sale: 1,200 Common Shares
- Estimated Value: $389,832.00 ($324.86/share)
- Trading Plan: Executed under Rule 10b5-1 plan adopted 12/23/2025
- Trading Significance: Low
Comprehensive Analysis
Overview
On September 15, 2026, Brodie Gage, an Officer at CIENA CORP ($CIEN), filed a Form 144 notice of proposed sale for 1,200 shares of Common Stock with an aggregate market value of approximately $389,832.00.
Key Details
- Broker: Morgan Stanley Smith Barney LLC
- Approximate Sale Date: September 15, 2026
- Shares to be Sold: 1,200
- Acquisition History: Acquired on December 20, 2025, as performance shares directly from the issuer.
- Rule 10b5-1 Plan: The sale is being executed pursuant to a pre-established Rule 10b5-1 trading plan adopted on December 23, 2025.
- Recent Prior Sales:
- August 17, 2026: 1,200 shares for $527,088.00
- July 15, 2026: 1,200 shares for $538,980.00
Conclusion
This filing represents a routine, scheduled disposition under a Rule 10b5-1 trading plan adopted in late 2025. Given the small relative transaction size and programmatic nature, it holds Low market significance.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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