Form 4: Ciena SVP Sells Shares Under Pre-Arranged 10b5-1 Plan

Brodie Gage, SVP Global Products & Supply at Ciena Corp, sold 550 shares of common stock for $220.84 per share under a pre-arranged 10b5-1 trading plan.

Summary

• Brodie Gage, Senior Vice President of Global Products & Supply at CIENA CORP (CIEN), reported a transaction.
• On December 15, 2025, Mr. Gage disposed of 550 shares of CIENA CORP Common Stock.
• The shares were sold at a price of $220.84 per share.
• This sale was executed pursuant to a Rule 10b5-1 trading plan, which was dated July 1, 2025.
• Following this transaction, Mr. Gage beneficially owns 39,992 shares of Common Stock.
• The reported beneficial ownership includes unvested Restricted Stock Units (RSUs) and Performance Stock Units (PSUs).

Sentiment

Score: 5

Explanation: The filing reports a routine insider stock sale executed under a pre-arranged 10b5-1 trading plan, which is generally considered a neutral event and does not reflect a change in management's outlook on the company's prospects.

Future Outlook

NA

Industry Context

This filing is a routine disclosure of an insider stock transaction and does not provide information related to broader industry trends or competitive landscape.

Stakeholder Impact

• Shareholders: A routine insider sale under a 10b5-1 plan typically has minimal direct impact on shareholders, as it is a pre-scheduled event rather than a discretionary sale based on new information.

Key Dates

Keywords

Ciena Corp, CIEN, Insider Trading, Form 4, Brodie Gage, 10b5-1 Plan, Stock Sale, Executive Compensation