Phipps Jason sold CIEN
January 2, 2024 · Form 4 insider transaction
Phipps Jason sold 9,574 shares of Ciena Corporation at $44.53 per share, a transaction worth $426.3K. The trade was recorded as open-market sale under a pre-scheduled Rule 10b5-1 plan and disclosed on an SEC Form 4, filed 2 days after the transaction.
Direction
Disposed (sell-side)
Shares
9,574
Price
$44.53
Total value
$426.3K
InsiderPhipps Jason
Role—
CompanyCiena Corporation (CIEN)
SecurityCommon Stock
Transaction codeS: Open-market sale
Transaction dateJanuary 2, 2024
Filing dateJanuary 4, 2024
Shares owned after105,414
OwnershipDirect
10b5-1 planYes
AmendedNo
Footnotes
Sales were effected pursuant to Rule 10b5-1 trading plan dated 03/29/2023.; Shares reported include unvested Restricted Stock Units (RSUs) and Performance Stock Units (PSUs).