Gary B. Smith, President and CEO of CIENA CORP (NASDAQ:CIEN), sold 2,952 shares of the company's common stock on May 15, 2026, for a total value of $1,659,175. The shares were sold at prices ranging from $553.90 to $574.2050 per share.
The transaction was executed pursuant to a Rule 10b5-1 trading plan, which Mr. Smith established on October 4, 2025. Following this sale, Mr. Smith directly holds 272,509 shares of Ciena common stock. This reported ownership figure includes unvested Restricted Stock Units (RSUs) and Performance Stock Units (PSUs).
Mr. Smith leads the Hanover, MD-based telecommunications equipment company.
