Ciena director Thomas Nevens sells $1.34m in stock

Ciena director Thomas Nevens sold 3,738 shares of the company's common stock on September 23, 2026, for a total of $1.34 million. This sale occurred as Ciena shares had increased by 151% over the previous year, although they had declined approximately 8% over the past six months. Following this stock sale, Nevens owned 6,289 shares, which included unvested Restricted Stock Units (RSUs).

On September 24, 2026, Nevens also gifted 2,797 shares of Ciena common stock, for which he received no consideration. After this gift, his beneficial ownership of shares decreased to 3,492, still including unvested RSUs. According to InvestingPro analysis, Ciena appears overvalued compared to its estimated Fair Value. Investors interested in a more detailed analysis can access Pro Research Reports covering Ciena and over 1,400 US equities.