Phipps Jason sold CIEN
January 2, 2025 · Form 4 insider transaction
Phipps Jason sold 5,648 shares of Ciena Corporation at $84.64 per share, a transaction worth $478.1K. The trade was recorded as open-market sale under a pre-scheduled Rule 10b5-1 plan and disclosed on an SEC Form 4, filed 4 days after the transaction.
Direction
Disposed (sell-side)
Shares
5,648
Price
$84.64
Total value
$478.1K
InsiderPhipps Jason
Role—
CompanyCiena Corporation (CIEN)
SecurityCommon Stock
Transaction codeS: Open-market sale
Transaction dateJanuary 2, 2025
Filing dateJanuary 6, 2025
Shares owned after109,878
OwnershipDirect
10b5-1 planYes
AmendedNo
Footnotes
Sales were effected pursuant to Rule 10b5-1 trading plan dated 03/29/2023.; Reflects the weighted average sales price with transactions in a range of sales from $83.995 to $85.355. Upon request by the SEC, full information regarding the number of shares sold at each separate sales price will be provided.; Shares reported include unvested Restricted Stock Units (RSUs) and Performance Stock Units (PSUs).