Form 4: CIENA SVP Sells Shares Under 10b5-1 Plan
Insider Transaction Report
Brodie Gage, SVP Global Products & Supply at CIENA CORP, sold 111 shares of common stock for $190.8 per share under a pre-arranged 10b5-1 trading plan.
Summary
- Brodie Gage, SVP Global Products & Supply at CIENA CORP (CIEN), reported a sale of common stock.
- The transaction involved the disposition of 111 shares of common stock.
- The shares were sold at a price of $190.8 per share.
- The sale occurred on November 17, 2025.
- This transaction was executed pursuant to a Rule 10b5-1 trading plan established on September 6, 2024.
- Following the reported transaction, Brodie Gage beneficially owns 40,542 shares of common stock directly.
- The beneficially owned shares include unvested Restricted Stock Units (RSUs) and Performance Stock Units (PSUs).
Sentiment
Score: 5
Explanation: The filing reports a routine, small insider stock sale executed under a pre-arranged 10b5-1 plan, which is generally considered neutral in terms of market sentiment.
Stakeholder Impact
- Shareholders: Minimal impact due to the small volume of shares sold under a pre-arranged plan.
Key Dates
| Date | Description |
|---|---|
| 09/06/2024 | Date Rule 10b5-1 trading plan was established. |
| 11/17/2025 | Transaction date for the sale of common stock. |
| 11/18/2025 | Date the Form 4 was signed and filed. |
Keywords
CIENA, CIEN, Insider Trading, Form 4, Stock Sale, 10b5-1 Plan, Brodie Gage, SVP Global Products & Supply
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