Trade Summary
3 days ago, Kosaraju Sheela, serving as SVP, GC at Ciena Corp (CIEN), sold 2,012 shares at $401.71 per share, for a total transaction value of $808,241.00. Following this transaction, Kosaraju Sheela now holds 92,107 shares of CIEN.
This sale represents a 2.00% decrease in Kosaraju Sheela's stake in the company. This is considered a medium-conviction trade.
The trade was executed on Wednesday, April 1, 2026 and publicly disclosed via SEC Form 4 filing on Friday, April 3, 2026, 2 days after the trade was made.
Ciena Corp operates in the TECHNOLOGY sector, specifically within the COMMUNICATION EQUIPMENT industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.