Form 4: Ciena Executive Sells Shares
Insider Transaction (Form 4)
David M Rothenstein, SVP and Chief Strategy Officer of Ciena Corp, sold 2,500 shares of common stock on August 14, 2026 for $438.10 per share.
Summary
- Open-market sale: disposed of 2,500 Common Stock at $438.10 ($1,095,250) on August 14, 2026; holds 180,231 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $1,095,250 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
David M Rothenstein — Officer (SVP and Chief Strategy Officer)
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-14 | Open-market sale | Common Stock | 2,500 | $438 | $1.1M | 180,231 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-14 | Open-market sale (2,500 shares) |
Keywords
insider transaction, Form 4, CIEN, CIENA CORP, bearish, David M Rothenstein
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