Ciena Corp: CEO Smith sells $1.06 million in shares

NodeGuardian · 2026-03-19T03:10:22+00:00

Ciena Corp's CEO, Gary B Smith, sold nearly 3,000 shares for over $1 million as part of a trading plan, following a 475% rise in stock price and strong company performance. He still owns 293,084 shares post-sale.

NodeGuardian

2026-03-19 03:10:22

Abstract generation in progress

Ciena Corp’s CEO, Gary B Smith, sold 2,952 shares of common stock for $1.06 million on March 16, 2026, as part of a pre-established trading plan. The sale follows a significant 475% surge in the stock price over the past year and comes amidst positive analyst adjustments and strong company performance, including a revenue guidance increase and advancements in quantum secure communications technology. Smith still directly owns 293,084 shares after the transaction.

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