Ciena CEO Sells 2,952 Shares for $1.3 Million
Disposition executed under a pre-established Rule 10b5-1 plan, while the CEO retains 246,030 shares.
Disposition executed under a pre-established Rule 10b5-1 plan, while the CEO retains 246,030 shares.
BELLINGS Intelligence Score: 7
Why it matters
The CEO's sale of a modest number of shares under a pre-established plan is routine insider activity with no material impact on credit markets or broader financial conditions.
Sources
The Motley Fool
Ciena CEO Sells 2,952 Shares for $1.3 Million
Disposition executed under a pre-established Rule 10b5-1 plan, while the CEO retains 246,030 shares.