Insider trade

Officer sold ~$390K of CIEN shares in the open market

Traded Sep 15, 2026 · Filed Sep 18, 2026

CienaCIEN

~$390K
Approx. value · 1,200 sh @ $324.86: 37K
Holds after · shares reported: +16.6%
stock since the trade · S&P 500 +2.3%, $334.33 → $389.69 on Oct 5

Why it stands out

Ciena's & Chief Product & sold $390K of Ciena shares. The filing says it was made under a pre-arranged trading plan.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: Sep 15, 2026
Reporting period: Not applicable
Filed with the SEC: Sep 18, 2026

Officer$100K–$500KPre-arranged plan referenced

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$389,832

Shares × reported transaction price

Timing vs results

12 days after results of Sep 3, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $334.33 on Sep 15, 2026, 145% above its 52-week low and 47% below its high, after a 14% drop over the previous 30 trading days

52-week range $136.38 (Sep 17, 2025) to $627.00 (Jun 2, 2026), 40% of the way up, from 251 adjusted closes. 30 trading days earlier: $390.76 on Aug 3, 2026. Describes the past only, not a forecast

Planned / mechanical clue

Footnote references a pre-arranged trading plan (Rule 10b5-1)

Only flagged when a footnote says so; never inferred

After it was reported

After	Stock	S&P 500	Difference
7 days	+2.3%	+1.3%	+1.1%

Past results only. Not a forecast.

Source receipt

Record ID: 0001998826-26-000018
Filed / recorded: Sep 18, 2026, 12:20 AM UTC
Added to OQRO: Oct 2, 2026, 12:27 PM UTC
Parser: form4-xml-v1
Data quality: Verified: identifiers matched exactly
Issuer: CIENA CORP
Issuer CIK: 936395
Ticker: CIEN
Reporting person: Brodie Gage
Relationship: Officer
Officer title: EVP & Chief Product &
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: Sep 15, 2026
Transaction code: S
Shares / units: 1,200
Price per share: $324.86
Acquired / disposed: Disposed (D)
Shares owned after: 37,207
Ownership form: Direct
Amendment: No

Footnotes from the filing

Sales were affected pursuant to Rule 10b5-1 trading plan dated 7/1/2025 MODIFIED 12/23/2025.
Shares reported include unvested Restricted Stock Units (RSUs) and Performance Stock Units (PSUs).

Around the same time

Sheela Kosaraju (EVP & Chief Legal Officer) sold ~$746K of Ciena

Scheduled in advanceFiled yesterday

Jason Phipps (EVP & Chief Customer Officer) sold ~$934K of Ciena

Scheduled in advanceFiled yesterday

Marc D. Graff (EVP & Chief Financial Officer) sold ~$34K of Ciena

Scheduled in advanceFiled yesterday