Gary B. Smith, President and CEO of Ciena Corp, filed a Form 4 on November 4, 2026, disclosing the sale of 2,952 shares of Ciena common stock on November 2, 2026, under a Rule 10b5-1 trading plan.

Key Highlights

  • Reporting person: Gary B. Smith, President and CEO and Director of Ciena Corp (NYSE:CIEN)
  • Transaction: Disposition (code S) of 2,952 shares of common stock on November 2, 2026
  • Weighted average price: $298.1555 per share, with individual sales ranging from $283.1150 to $315.3100
  • Shares beneficially owned after transaction: 222,503, held directly, including unvested RSUs and PSUs
  • Trading plan: Sales were made pursuant to a Rule 10b5-1 trading plan dated October 4, 2025

Details of Gary Smith's November 2026 Ciena Share Disposition

According to the filing, Gary B. Smith, who serves as both President and CEO and as a Director of Ciena Corp (NYSE:CIEN), disposed of 2,952 shares of common stock on November 2, 2026. The transaction was coded as a sale (S) and was carried out directly. The weighted average price per share was reported as $298.1555, with individual transactions occurring across a price range of $283.1150 to $315.3100. The filing notes that full details on the number of shares sold at each separate price will be provided to the SEC upon request.

The filing discloses that the sales were executed pursuant to a Rule 10b5-1 trading plan that Smith established on October 4, 2025. Following the reported transaction, Smith's total beneficial ownership stood at 222,503 shares, held directly. The filing states that this share count includes unvested Restricted Stock Units (RSUs) and Performance Stock Units (PSUs). No derivative securities transactions were reported in Table II of the filing.

The Form 4 was signed by Michelle Rankin on behalf of Gary B. Smith and filed on November 4, 2026. The filing confirms that it covers one reporting person and that the transaction date of earliest record is November 2, 2026.

What Was Disclosed

Ciena Corp's President and CEO Gary B. Smith reported the sale of 2,952 shares of common stock on November 2, 2026, at a weighted average price of $298.1555, under a pre-established Rule 10b5-1 plan, leaving him with 222,503 shares beneficially owned.