Insider trade

Officer sold ~$479K of CIEN shares in the open market

Traded Nov 17, 2025 · Filed Nov 19, 2025

CienaCIEN

~$479K
Reported value · 2,500 sh @ $191.7246: 183K
Holds after · shares reported: +97.7%
stock since the trade · S&P 500 +14.8%, $191.78 → $379.14 on Oct 1

Why it stands out

Ciena's SVP and Chief Strategy Officer sold $479K of Ciena shares. It was planned long ago, so it says very little.

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: Nov 17, 2025
Reporting period: Not applicable
Filed with the SEC: Nov 19, 2025

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

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$479,312

Shares × reported transaction price

Timing vs results

74 days after results of Sep 4, 2025, 24 days before results of Dec 11, 2025

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 $191.78 on Nov 17, 2025, 258% above its 52-week low and 8% below its high, after a 25% rise over the previous 30 trading days

52-week range $53.50 (Apr 4, 2025) to $209.52 (Nov 12, 2025), 89% of the way up, from 250 adjusted closes. 30 trading days earlier: $153.25 on Oct 6, 2025. 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	+6.1%	+2.6%	+3.5%
30 days	+22.0%	+2.7%	+19.3%
90 days	+60.1%	+3.0%	+57.1%
180 days	+177.8%	+11.5%	+166.4%

Past results only. Not a forecast.

Source receipt

Record ID: 0001444157-25-000027
Filed / recorded: Nov 19, 2025, 3:25 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: David M Rothenstein
Relationship: Officer
Officer title: SVP and Chief Strategy Officer
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: Nov 17, 2025
Transaction code: S
Shares / units: 2,500
Price per share: $191.7246
Acquired / disposed: Disposed (D)
Shares owned after: 183,190
Ownership form: Direct
Amendment: No

Footnotes from the filing

Sales were effected pursuant to Rule 10b5-1 trading plan dated 12/23/2024.
Reflects the weighted average sales price with transactions in a range of sales from $189.39 to $195.38. Upon request by the SEC, full information regarding the number of shares sold at each separate sales price will be provided.
Shares reported include unvested Restricted Stock Units (RSUs) and Performance Stock Units (PSUs).