Form 4: Ciena CEO Sells Shares
Insider Transaction (Form 4)
Gary B Smith, President, CEO and a Director of Ciena Corp, sold 2,952 shares of common stock on August 3, 2026 for $379.81 per share.
Summary
- Open-market sale: disposed of 2,952 Common Stock at $379.81 ($1,121,212) on August 3, 2026; holds 248,982 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $1,121,212 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Gary B Smith — Director, Officer (President, CEO)
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-03 | Open-market sale | Common Stock | 2,952 | $380 | $1.1M | 248,982 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-03 | Open-market sale (2,952 shares) |
Keywords
insider transaction, Form 4, CIEN, CIENA CORP, bearish, Gary B Smith
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