CIENA Corp Officer Files Form 144 Notice of Proposed Sale
CIENA CORP
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Filing Summary
š Form 144 Notice of Proposed Sale ā¢ Company: CIENA CORP ($CIEN) ā¢ Insider: DINO DIPERNA (Officer) ā¢ Proposed Sale: 249 Common Shares ā¢ Est. Market Value: $87,150.00 (~$350.00/share) ā¢ Approx. Date: 2026-09-16 ā¢ Plan Date: 2026-06-10 (Rule 10b5-1 Plan)
Comprehensive Analysis
Executive Summary
On September 16, 2026, Dino DiPerna, an Officer of CIENA CORP ($CIEN), filed a Form 144 notice proposing the sale of 249 shares of Common Stock through Morgan Stanley Smith Barney LLC. The estimated aggregate market value of the proposed transaction is $87,150.00.
Transaction Details
- Insider: Dino DiPerna (Officer)
- Shares to be Sold: 249
- Aggregate Market Value: $87,150.00
- Acquisition Origin: Acquired on June 20, 2026, as restricted stock compensation from the issuer.
- Trading Plan: Executed pursuant to a Rule 10b5-1 trading plan adopted on June 10, 2026.
- Past 3 Months Activity:
- 09/15/2026: 249 shares sold for $80,890.14 gross proceeds.
- 07/15/2026: 782 shares sold for $351,235.30 gross proceeds.
Significance Assessment
The transaction represents a Low trading significance due to its small size relative to CIENA CORP's total outstanding shares (141,808,525 shares) and its pre-planned nature under a Rule 10b5-1 plan.
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