Form 4: CIENA SVP Sells 350 Shares Under 10b5-1 Plan
Insider Transaction Report
Brodie Gage, SVP Global Products & Supply at CIENA CORP, sold 350 shares of common stock for $169.36 per share under a pre-arranged trading plan.
Summary
- Brodie Gage, SVP Global Products & Supply of CIENA CORP (CIEN), reported a sale of common stock.
- The transaction involved the disposition of 350 shares of common stock.
- The shares were sold at a price of $169.36 per share.
- The sale was executed on October 15, 2025.
- This transaction was conducted pursuant to a Rule 10b5-1 trading plan established on September 6, 2024.
- Following this transaction, Brodie Gage beneficially owns 40,653 shares of common stock.
- The reported beneficial ownership includes unvested Restricted Stock Units (RSUs) and Performance Stock Units (PSUs).
Sentiment
Score: 5
Explanation: A routine insider stock sale under a pre-arranged 10b5-1 plan is generally considered neutral, as it reflects personal financial planning rather than a direct statement on company performance or outlook.
Future Outlook
na
Industry Context
na
Key Dates
| Date | Description |
|---|---|
| 09/06/2024 | Date of Rule 10b5-1 trading plan establishment |
| 10/15/2025 | Date of common stock transaction |
| 10/17/2025 | Date of SEC Form 4 filing |
Keywords
CIEN, Brodie Gage, Form 4, insider trading, stock sale, 10b5-1 plan, equity securities
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