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CIEN - Ciena Corp

Insider Sale by Smith Gary B (Pres, CEO)

1 Month
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Trade Summary

6 days ago, Smith Gary B, serving as Pres, CEO at Ciena Corp (CIEN), sold 2,952 shares at $467.47 per share, for a total transaction value of $1,379,976.00. Following this transaction, Smith Gary B now holds 278,413 shares of CIEN.

This sale represents a 1.00% decrease in Smith Gary B's stake in the company. This is considered a medium-conviction trade.

The trade was executed on Wednesday, April 15, 2026 and publicly disclosed via SEC Form 4 filing on Friday, April 17, 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.

Smith Gary B

Smith Gary B

Pres, CEO

Gary B. Smith is a British-American business executive serving as President, Chief Executive Officer, and Director of Ciena Corporation (CIEN), a leading telecommunications networking equipment and software company, since May 2001.[[1]](https://fintool.com/app/research/companies/CIEN/people/gary-b-smith)[[2]](https://thedailyrecord.com/2021/02/26/gary-b-smith-2/)[[4]](https://www.ciena.com/about/leadership/gary-b-smith.html)[[5]](https://en.wikipedia.org/wiki/Gary_Smith_(Ciena_CEO)) Born in Birmingham, United Kingdom, he holds a Master’s in Business Administration from Ashridge Management College (now part of Hult International Business School), graduating Cum Laude.[[3]](https://elitebiographies.com/biography/gary-b-smith/)[[5]](https://en.wikipedia.org/wiki/Gary_Smith_(Ciena_CEO)) Smith joined Ciena in 1997 as Vice President of International Sales, advancing to Senior Vice President of Worldwide Sales, Chief Operating Officer, and then to his current roles; prior experience includes Vice President of Sales and Marketing at Intelsat and Cray Communications.[[1]](https://fintool.com/app/research/companies/CIEN/people/gary-b-smith)[[2]](https://thedailyrecord.com/2021/02/26/gary-b-smith-2/)[[3]](https://elitebiographies.com/biography/gary-b-smith/)[[4]](https://www.ciena.com/about/leadership/gary-b-smith.html) Under Smith's leadership, Ciena has grown significantly, including acquisitions of seven companies—such as Nortel's Optical Networking and Carrier Ethernet assets in 2010, doubling employee count to 4,000—and revenue expansion from $61 million in FY2002 to $4.015 billion in FY2024, with record $1.2 billion from cloud providers and innovations like WaveLogic 6 Extreme.[[1]](https://fintool.com/app/research/companies/CIEN/people/gary-b-smith)[[3]](https://elitebiographies.com/biography/gary-b-smith/)[[5]](https://en.wikipedia.org/wiki/Gary_Smith_(Ciena_CEO)) He has served on boards including Avaya, CommVault, and currently Planet Labs PBC, and contributes to advisory roles like Wake Forest University’s Entrepreneurship Advisory Council.[[1]](https://fintool.com/app/research/companies/CIEN/people/gary-b-smith)[[4]](https://www.ciena.com/about/leadership/gary-b-smith.html)[[5]](https://en.wikipedia.org/wiki/Gary_Smith_(Ciena_CEO))

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Trade Price

$467.47

Quantity

2,952

Total Value

$1,379,976.00

Shares Owned

278,413

Trade Date

Wednesday, April 15, 2026

6 days ago

SEC Filing Date

Friday, April 17, 2026

Filed 2 days after trade

TECHNOLOGYCOMMUNICATION EQUIPMENT

About Ciena Corp

Company Overview

No company information available
View news mentioning CIEN

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