CIENA CORP (CIEN) — Insider Trading

AI-Powered SEC Filing Analysis

Latest Insider Trading Filed: 2026-04-17

Key Insights

Insider David M. Rothenstein, SVP and Chief Strategy Officer, sold 2,500 shares of Ciena Corp. (CIEN) stock on April 15, 2026 at an average price of $467.65.
The sale was made pursuant to a pre-arranged 10b5-1 trading plan, indicating it was a planned transaction rather than opportunistic.
Rothenstein still beneficially owns 192,581 shares of CIEN, including unvested restricted and performance stock units, suggesting he remains a significant shareholder.

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Earlier Insider Trading filings

Filed: 2026-04-17

Insider Brodie Gage, SVP of Global Products & Supply, sold 1,200 shares of CIENA CORP (CIEN) on April 15, 2026 at $471.79 per share, reducing his direct beneficial ownership to 45,141 shares.
The sale was executed pursuant to a Rule 10b5-1 trading plan dated July 1, 2025, indicating the transaction was pre-planned and not opportunistic.
Brodie Gage still holds a significant equity stake in the company, including unvested Restricted Stock Units (RSUs) and Performance Stock Units (PSUs), suggesting he remains invested in CIENA's long-term success.

Filed: 2026-04-17

Insider Gary B. Smith, the President and CEO of Ciena Corp, sold 2,952 shares of the company's common stock on 04/15/2026 at an average price of $467.4715 per share.
This sale was made pursuant to a pre-established 10b5-1 trading plan, indicating planned and routine insider selling activity.
Despite the sale, Smith still holds a substantial direct ownership of 278,413 shares in Ciena, suggesting he remains committed to the company's long-term success.

Filed: 2026-04-16

Dino DiPerna, SVP of Global R&D, sold 2,829 shares of Ciena Corp (CIEN) stock on April 15, 2026 at an average price of $471.79 per share.
The sale was executed pursuant to a pre-established 10b5-1 trading plan, indicating planned and systematic insider trading activity.
Following the reported transactions, DiPerna continues to beneficially own 43,967 shares of Ciena stock, including unvested restricted stock units and performance stock units.

Filed: 2026-04-03

Jason Phipps, SVP of Global Sales and Marketing at Ciena Corp, has sold a significant amount of Ciena shares on April 1, 2026, totaling 67,377 shares across multiple transactions at prices ranging from $400.83 to $417.22.
The insider selling activity seems to be part of a pre-planned 10b5-1 trading plan, which was established in October 2024 and modified in October 2025.
While the transaction volumes are large, the selling appears to be systematic and planned rather than opportunistic, which may mitigate investor concerns about insiders losing confidence in the company.

Filed: 2026-04-03

Sheela Kosaraju, SVP and General Counsel of CIENA CORP, sold 2,012 shares of common stock on April 1, 2026 at an average price of $401.71 per share.
The sale was made pursuant to a Rule 10b5-1 trading plan established on October 14, 2025, indicating a planned transaction.
Following the sale, Kosaraju still owns 92,107 shares, including unvested Restricted Stock Units (RSUs) and Performance Stock Units (PSUs).

Filed: 2026-04-03

Gary B. Smith, the President and CEO of Ciena Corp, has sold 2,952 shares of the company's common stock at a weighted average price of $415.51 per share, reducing his direct beneficial ownership to 281,365 shares.
The share sale was conducted pursuant to a Rule 10b5-1 trading plan, indicating a pre-planned transaction rather than an opportunistic sale.
Insider selling can signal management's view on the company's near-term prospects, though the timing and amount of this transaction appear routine and in line with past selling activity.

Filed: 2026-03-31

The reporting person, Joseph Cumello, SVP and General Manager of Blue Planet at CIENA CORP, sold 1,773 shares of common stock on March 27, 2026 pursuant to a Rule 10b5-1 trading plan established on October 13, 2025.
Cumello still holds 46,175 shares of CIENA CORP, including unvested Restricted Stock Units (RSUs) and Performance Stock Units (PSUs), indicating he maintains a significant ownership stake in the company.
The sale of shares by a senior executive may signal some insider sentiment, though the pre-planned nature of the transaction through a 10b5-1 plan suggests it was not driven by a short-term view.

Filed: 2026-03-30

The reporting person, T. Michael Nevens, a director of Ciena Corporation, acquired 605 shares of common stock through the vesting of restricted stock units (RSUs).
Nevens now holds a total of 10,027 shares of Ciena's common stock, including the unvested RSUs.
The acquisition of shares by a director indicates their confidence in the company's future and aligns their interests with those of shareholders.

Filed: 2026-03-30

The filing indicates that Hassan M. Ahmed, a director of Ciena Corporation, has acquired 605 shares of the company's common stock through a restricted stock unit (RSU) grant, increasing his direct beneficial ownership to 24,025 shares.
The RSUs granted to Ahmed vest in full on the first anniversary of the date of the grant, aligning his interests with long-term shareholder value creation.
This insider purchase suggests a positive sentiment towards the company's prospects and may signal confidence in the future performance of Ciena's business.

Filed: 2026-03-30

Bruce L. Claflin, a director of Ciena Corporation, acquired 605 shares of the company's common stock at $0.00 per share, increasing his direct ownership to 50,843 shares.
Claflin also has an indirect beneficial ownership of 11,136 shares through a spousal trust, though he disclaims beneficial ownership of those shares.
The acquisition of 605 shares at no cost suggests Claflin may have received the shares as part of a restricted stock unit (RSU) award, which typically vest over time as a form of executive compensation.

Filed: 2026-03-30

The reporting person, Hassan M. Ahmed, has acquired an additional 605 shares of Ciena Corporation's common stock through the vesting of restricted stock units (RSUs).
The total number of shares beneficially owned by the reporting person, including unvested RSUs, is 24,025 shares.
The acquisition of shares through the vesting of RSUs suggests the reporting person's continued commitment to and confidence in Ciena Corporation.

Filed: 2026-03-30

Patrick Gallagher, a director of Ciena Corp, acquired 605 shares of the company's common stock on March 26, 2026. This represents a direct ownership stake of 50,789 shares.
The shares were acquired through the vesting of restricted stock units (RSUs), which vest in full on the first anniversary of the grant date.
Insider buying, such as this acquisition by a director, can be a positive signal about the company's prospects and the director's confidence in the stock.

Filed: 2026-03-30

Devinder Kumar, a director of Ciena Corporation, has acquired 605 shares of the company's common stock, increasing his direct beneficial ownership to 29,557 shares.
The shares were acquired through a restricted stock unit (RSU) grant, which vests in full on the first anniversary of the grant date.
This insider transaction suggests Devinder Kumar's confidence in Ciena's future prospects and aligns his interests with those of the company's shareholders.

Filed: 2026-03-30

Joanne Beth Olsen, a director at CIENA CORP, acquired 605 shares of common stock on March 26, 2026. This indicates a potential bullish sentiment from an insider.
Olsen's total direct beneficial ownership in the company has increased to 35,003 shares, representing a meaningful stake in the company.
The acquisition of shares was through vesting of restricted stock units (RSUs), which aligns Olsen's interests with shareholders and suggests a long-term commitment to the company.

Filed: 2026-03-25

Brodie Gage, SVP Global Products & Supply, sold 5,000 shares of CIEN stock on March 24, 2026 pursuant to a 10b5-1 trading plan, indicating planned and systematic insider selling.
Gage continues to hold 46,341 shares of CIEN, including unvested Restricted Stock Units (RSUs) and Performance Stock Units (PSUs), suggesting he maintains a substantial equity stake in the company.
The sale represents a small fraction of Gage's total holdings, and the use of a 10b5-1 plan implies the transaction was not driven by any material non-public information.

Filed: 2026-03-24

Marc D. Graff, the SVP & Chief Financial Officer of Ciena Corp, has disposed of 199 shares of common stock by means of a share withholding transaction to cover tax liabilities related to a restricted stock unit (RSU) award.
The reported transaction represents a small portion (0.16%) of Graff's total beneficial ownership of 127,406 Ciena shares, which includes unvested RSUs.
The nature of the transaction, being a share withholding for tax purposes, suggests routine financial planning and is not indicative of a significant change in Graff's ownership position or his confidence in the company.

Filed: 2026-03-24

Gary B. Smith, the President and CEO of CIENA CORP, reported selling a total of 8,767 shares to cover tax liabilities related to restricted stock unit (RSU) awards granted in 2022-2025.
The reported transactions do not indicate any significant change in Smith's overall beneficial ownership, which remains at 284,317 shares.
The transactions appear to be routine tax-related share sales and do not necessarily signal any broader change in Smith's investment thesis or the company's outlook.

Filed: 2026-03-24

Insider David M. Rothenstein, the SVP and Chief Strategy Officer, has disposed of 2,113 shares of Ciena Corp (CIEN) through tax withholding transactions on March 20, 2026.
The dispositions were related to the vesting of restricted stock unit (RSU) awards granted in 2022, 2023, 2024, and 2025, as part of Rothenstein's compensation.
Following the reported transactions, Rothenstein continues to hold 195,081 shares, including unvested RSUs and performance stock units (PSUs), suggesting he maintains a significant equity stake in the company.

Other reports for CIENA CORP

Current Report

Important Information

AI-generated analysis is for informational purposes only. Always read original SEC filings and consult with qualified professionals before making investment decisions.