{
  "id": 9942207,
  "title": "Ciena director Thomas Nevens sells $1.34m in stock",
  "url": "https://urgent.news/2026/09/26/ciena-director-thomas-nevens-sells-1-34m-in-stock",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-26T07:46:08.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/ciena-director-thomas-nevens-sells-134m-in-stock-93CH-4918512"
  },
  "original_language": "en",
  "account": "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.",
  "summary": null,
  "key_points": [
    "Thomas Nevens sold 3,738 Ciena shares for $1.34 million on September 23, 2026",
    "Shares had risen 151% year-over-year but fell 8% in the past six months",
    "Nevens gifted 2,797 shares on September 24, reducing his beneficial ownership to 3,492"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}