Ciena CFO Marc Graff Sells 97 Shares Under 10b5-1 Plan
CIENA CORP
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Filing Summary
Insider Sale Alert: CIENA CORP ($CIEN) Insider: Graff Marc D. (EVP & Chief Financial Officer) Transaction: Sold 97 shares of Common Stock at $355.19 per share Total Value: $34,453.43 Post-Transaction Holdings: 107,136 shares Significance: Low (Pre-arranged Rule 10b5-1 plan; negligible portion of total holdings)
Comprehensive Analysis
Executive Summary
On October 1, 2026, Marc D. Graff, Executive Vice President & Chief Financial Officer of Ciena Corporation ($CIEN), executed a sale of 97 shares of common stock at a price of $355.19 per share, totaling approximately $34,453.43. The transaction was reported to the SEC on Form 4 on October 6, 2026.
Transaction & Context
- Nature of Sale: The shares were sold pursuant to a pre-arranged Rule 10b5-1 trading plan established on March 25, 2026.
- Ownership Impact: Following the transaction, Mr. Graff continues to beneficially own 107,136 shares directly (including unvested Restricted Stock Units).
- Scale: The sale accounted for less than 0.1% of his reported equity stake, representing an immaterial adjustment to his position.
Trading Significance
The trading significance is assessed as Low. The transaction volume is minimal, the trade was conducted under a standard Rule 10b5-1 trading plan adopted months prior, and the executive retains nearly his entire substantial equity holding in the company.
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Important Disclaimer
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