Ciena CEO Sells 2,952 Shares for $1.3 Million
Disposition executed under a pre-established Rule 10b5-1 plan, while the CEO retains 246,030 shares.
Overview
Gary B. Smith, President and CEO of Ciena Corporation (NYSE:CIEN), sold 2,952 shares of common stock on Aug. 17, 2026, according to a SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($447.78); post-transaction value based on Aug. 17, 2026 market close ($445.18).
Details
Ciena is a global technology leader in telecommunications infrastructure with a market capitalization of $63.0 billion and TTM revenue of $5.6 billion, positioning it as a significant player in the communication equipment sector.
Source
Originally published at www.fool.com.
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