CIEN CIENA CORP
Price Chart
Executive Summary
David Rothenstein, an officer of Ciena Corp, filed a Form 144 to notify intent to sell 2,500 shares of common stock, valued at approximately $862,500 based on the April 15, 2026 price. The shares originated from vested restricted stock units granted in 2021.
Actionable Insight
Monitor for actual Form 4 filings to confirm execution of the sale. Given the 10b5-1 plan context and moderate size relative to company market cap ($66.1B), this is routine and not an immediate red flag, but part of a broader pattern of recent insider selling totaling $3.4M in the past 30 days.
Key Facts
- Reporting person: David Rothenstein, Officer of Ciena Corp
- Number of shares: 2,500
- Estimated sale value: $862,500 (based on $345/share)
- Shares are from restricted stock units (RSUs) that vested between June 20, 2021 and March 20, 2022
- Filing date: April 15, 2026
- This is a 10b5-1 plan sale, indicating prearranged execution
Financial Impact
Approximately $862,500 in potential insider selling
Risk Factors
- Perception of insider confidence if multiple officers are selling under 10b5-1 plans
- Potential for increased selling pressure near earnings or lock-up periods
Market Snapshot
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001950047-26-003522 |
| Document: 0001950047-26-003522-index.html | 0001950047-26-003522 |
| Document: 0001950047-26-003522.txt | 0001950047-26-003522 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 11, 2026
3d ago
|
8-K
| $444.97 awaiting T+1 | awaiting T+1 | — | $445.98 (−0.23%) |
|
Jun 8, 2026
6d ago
|
8-K
| $494.39 awaiting T+1 | awaiting T+1 | — | $445.98 (−9.79%) |
|
Jun 4, 2026
10d ago
|
8-K
| $535.63 $488.21 | ▼ −8.85% | ▼ −6.25% | $445.98 (−16.74%) |
|
May 19, 2026
26d ago
|
Insider Cluster
| $554.76 $587.23 | ▲ +5.85% | ▲ +5.66% | $445.98 (−19.61%) |
|
Apr 15, 2026
8w ago
|
144
| $495.17 $507.43 | ▲ +2.48% | ▲ +1.26% | $445.98 (−9.93%) |
|
Apr 15, 2026
8w ago
|
144
| $495.17 $507.43 | ▲ +2.48% | ▲ +1.26% | $445.98 (−9.93%) |
|
Apr 15, 2026
8w ago
|
Insider Cluster
| $475.76 $495.17 | ▲ +4.08% | ▲ +3.83% | $445.98 (−6.26%) |
|
Mar 27, 2026
11w ago
|
Insider Cluster
| $401.61 $365.00 | ▼ −9.12% | ▼ −8.76% | $445.98 (+11.05%) |
|
Mar 16, 2026
13w ago
|
Insider Cluster
| $363.88 $370.05 | ▲ +1.70% | ▲ +1.42% | $445.98 (+22.56%) |
|
Mar 16, 2026
13w ago
|
Insider Cluster
| $363.88 $370.05 | ▲ +1.70% | ▲ +1.42% | $445.98 (+22.56%) |
US Market Status
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