Affiliate files Form 144 to sell 1,200 Ciena (NYSE: CIEN) shares

Rhea-AI Filing Summary

Brodie Gage submitted a Form 144 notice relating to proposed sales of Common Stock. The filing lists 1,200 shares of restricted common stock to be sold with an effective date of 06/20/2025. The filing also reports prior sales by the same holder: 1,200 shares on 05/15/2026, 1,200 shares on 04/15/2026, and 5,000 shares on 03/24/2026, with dollar values shown in the record.

Insights

Securities Counsel

Form 144 reports a proposed sale of 1,200 restricted shares and shows recent dispositions by the same holder.

Form 144 is a notice of proposed sale required for certain affiliates to sell restricted or control securities. The filing identifies 1,200 restricted shares with a listed date of 06/20/2025.

Reported prior sales show transactions on 03/24/2026, 04/15/2026, and 05/15/2026 with the amounts and gross dollar figures provided; timing and method of any future sales are not specified in the excerpt.

Key Figures

Proposed sale: 1,200 shares Sale on 05/15/2026: 1,200 shares Sale on 04/15/2026: 1,200 shares +1 more

4 metrics

Proposed sale 1,200 shares restricted common stock to be sold, <date>06/20/2025</date>

Sale on 05/15/2026 1,200 shares reported sale valued at $684,780 on <date>05/15/2026</date>

Sale on 04/15/2026 1,200 shares reported sale valued at $566,148 on <date>04/15/2026</date>

Sale on 03/24/2026 5,000 shares reported sale valued at $2,025,000 on <date>03/24/2026</date>

Key Terms

Restricted Stock, Form 144, Issuer

3 terms

Restricted Stock regulatory

"Common | 06/20/2025 | Restricted Stock | ISSUER"

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

Form 144 regulatory

"Filer Information | 144: Filer Information"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Issuer regulatory

"Common | 06/20/2025 | Restricted Stock | ISSUER"

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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	1200	559320.00	141552922	06/15/2026	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	06/20/2025	Restricted Stock	ISSUER			1200	06/20/2025	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	05/15/2026	1200	684780.00
BRODIE GAGE 7035 RIDGE ROAD HANOVER MD 21076	Common	04/15/2026	1200	566148.00
BRODIE GAGE 7035 RIDGE ROAD HANOVER MD 21076	Common	03/24/2026	5000	2025000.00

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 Form 144 with symbol CIEN disclose?

Answer: It discloses a proposed sale of 1,200 restricted common shares with an effective date of 06/20/2025. The filing also lists prior sales by the holder on 03/24/2026, 04/15/2026, and 05/15/2026 with dollar amounts shown.

Who is the selling party in the CIEN Form 144?

Answer: The filing identifies Brodie Gage as the holder associated with the reported sales. The record shows their address and multiple recent transactions of Common Stock with specific dates and dollar values.

How many shares were sold in the past three months per the filing for CIEN?

Answer: The filing reports three dispositions in the past three months: 5,000 shares on 03/24/2026, 1,200 shares on 04/15/2026, and 1,200 shares on 05/15/2026, with corresponding dollar figures listed in the excerpt.

Does the Form 144 state how the proceeds will be used for CIEN shares?

Answer: The provided excerpt does not specify any use of proceeds. It lists the security type, proposed sale amount of 1,200 restricted shares, and prior sales with dollar values but no proceeds destination is included.