CIENA (CIEN) Form 144 Filing Reports 350-Share Proposed Sale

Rhea-AI Filing Summary

CIENA Corp (CIEN) Form 144 summary: An individual (Brodie Gage) filed a notice to sell 350 restricted shares of CIENA common stock, with an aggregate market value of $46,200, scheduled approximately for 09/15/2025 on the NYSE. The shares were acquired from the issuer as restricted stock on 06/20/2024. The filing reports three recent sales by the same person in the past three months: 350 shares on 08/15/2025 for $31,829; 350 shares on 07/15/2025 for $28,899.50; and 350 shares on 06/16/2025 for $25,410, totaling 1,050 shares recently sold. Outstanding shares are listed as 141,055,908, making the current proposed sale a very small fraction of the company’s outstanding common stock.

Positive

• Sale size is immaterial relative to 141,055,908 outstanding shares, suggesting limited market impact
• Full disclosure provided including acquisition date, nature of acquisition (restricted stock), broker, and recent sales

Negative

• None.

Insights

Financial Analyst

TL;DR: Routine insider sale of a small restricted position; not material to CIEN’s market capitalization.

The filing documents a planned sale of 350 restricted shares acquired from the issuer on 06/20/2024. With 141,055,908 shares outstanding, the proposed sale represents an immaterial fraction of the float. The seller has executed three recent small sales totaling 1,050 shares and realized modest gross proceeds. From a capital-markets perspective, these transactions appear consistent with personal liquidity or diversification rather than a company-specific signal, given the small absolute and relative sizes.

Corporate Governance Expert

TL;DR: Disclosure complies with Rule 144 requirements; signer affirms no undisclosed material information.

The Form 144 provides required details: acquisition date, nature (restricted stock), broker name, planned sale date, and recent sales history. The filer signs the standard attestation regarding material nonpublic information and trading-plan implications. There is no indication in the filing of reliance on a 10b5-1 plan or other corporate governance flags. This is a routine disclosure consistent with regulatory expectations.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	350	46200.00	141055908	09/15/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	06/20/2024	Restricted Stock	ISSUER			350	06/20/2024	Not Applicable

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
BRODIE GAGE 7035 RIDGE ROAD HANOVER MD 21076	Common	08/15/2025	350	31829.00
BRODIE GAGE 7035 RIDGE ROAD HANOVER MD 21076	Common	07/15/2025	350	28899.50
BRODIE GAGE 7035 RIDGE ROAD HANOVER MD 21076	Common	06/16/2025	350	25410.00

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the CIEN Form 144 filed for Brodie Gage disclose?

It discloses a proposed sale of 350 restricted shares acquired 06/20/2024, with an aggregate market value of $46,200, to be sold about 09/15/2025 on the NYSE.

How many CIEN shares were sold by the filer in the past three months?

The filer sold 1,050 shares in the past three months: 350 on 06/16/2025 for $25,410, 350 on 07/15/2025 for $28,899.50, and 350 on 08/15/2025 for $31,829.

When and how were the shares being offered acquired?

The 350 shares were acquired as restricted stock on 06/20/2024 from the issuer, with the payment recorded on the acquisition date.

Which broker is handling the proposed CIEN sale?

Morgan Stanley Smith Barney LLC Executive Financial Services at 1 New York Plaza, 8th Floor, New York, NY, is listed as the broker.

Does the filing indicate any material nonpublic information?

The signer represents they do not know any material adverse information about the issuer that has not been publicly disclosed, per the Form 144 attestation.