Insider at CIEN (NYSE: CIEN) plans 5,054-share common stock sale
Rhea-AI Filing Summary
A person associated with CIEN has filed a notice of intent to sell 5,054 shares of common stock. The planned sale is to be executed through Morgan Stanley Smith Barney LLC on the NYSE, with an indicated aggregate market value of 1,244,446.42. The issuer reports 140,854,735 common shares outstanding, giving context for the size of this transaction.
The shares to be sold were acquired from the issuer as performance shares and restricted stock on several dates in 2024 and 2025. Over the prior three months, the same seller disposed of 2,482 common shares for 473,565.60 in gross proceeds. By signing the notice, the seller represents that they do not know of any undisclosed material adverse information about the issuer’s current or prospective operations.
Positive
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Insights
Routine Form 144 filing for a modest insider share sale.
This notice outlines a planned sale of 5,054 CIEN common shares through Morgan Stanley Smith Barney LLC on the NYSE, with an indicated aggregate market value of 1,244,446.42. The issuer reports 140,854,735 shares outstanding, suggesting the planned sale represents a small fraction of the total equity base.
The shares come from prior equity awards, including performance shares and restricted stock granted in 2024 and 2025. The filing also lists a prior sale of 2,482 shares over the last three months that generated