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Every insider trade David M. Rothenstein has disclosed

SVP and Chief Strategy Officer · CIENA CORP (CIEN)

Key points

  • David M. Rothenstein has disclosed 12 Form 4 transactions between Sep 15, 2025 and Aug 14, 2026: 12 sales worth $9.8M and no open-market buys.
  • Of the 12 sales, 12 were under a pre-scheduled 10b5-1 plan, leaving 0 discretionary sales worth $0.
  • The largest single transaction is a sell of 2,500 shares of CIEN worth $1.4M, filed May 19, 2026.
  • Insider selling is not on its own a bearish signal — plans, taxes and diversification all drive sales. This page is a record of disclosed trades, not investment advice.
  • The most recent filing on record was made Aug 18, 2026. Insiders file within two business days of a trade.

This is the public record of open-market stock transactions David M. Rothenstein has reported to the SEC on Form 4 as SVP and Chief Strategy Officer of CIENA CORP (CIEN). Every figure below is the reported share count multiplied by the reported price, so the dollar amounts are exact disclosed values rather than estimates. It is a record of what has been filed, not a portfolio or a recommendation, and insider selling in particular is routine and rarely a signal on its own.

Buying vs selling at a glance

MeasureOpen-market buysSales
Transactions012
Total disclosed value$0$9.8M
Discretionary (own call)00 ($0)

Most of David M. Rothenstein's sales were pre-scheduled or tax-related rather than discretionary, which further weakens any read of them as a market call.

Every disclosed transaction

All 12 disclosed transactions, newest filing first.

StockActionSharesPriceValueTradedFiled
CIEN CIENA CORP▼ Sell 10b5-1 plan2,500$438.10$1.1MAug 14, 2026Aug 18, 2026
CIEN CIENA CORP▼ Sell 10b5-1 plan2,500$420.91$1.1MJul 15, 2026Jul 17, 2026
CIEN CIENA CORP▼ Sell 10b5-1 plan2,500$457.07$1.1MJun 15, 2026Jun 17, 2026
CIEN CIENA CORP▼ Sell 10b5-1 plan2,500$562.39$1.4MMay 15, 2026May 19, 2026
CIEN CIENA CORP▼ Sell 10b5-1 plan2,500$467.65$1.2MApr 15, 2026Apr 17, 2026
CIEN CIENA CORP▼ Sell 10b5-1 plan2,500$345.00$863KMar 16, 2026Mar 18, 2026
CIEN CIENA CORP▼ Sell 10b5-1 plan2,500$300.20$750KFeb 17, 2026Feb 19, 2026
CIEN CIENA CORP▼ Sell 10b5-1 plan2,500$219.28$548KJan 9, 2026Jan 13, 2026
CIEN CIENA CORP▼ Sell 10b5-1 plan2,500$220.84$552KDec 15, 2025Dec 16, 2025
CIEN CIENA CORP▼ Sell 10b5-1 plan2,500$191.72$479KNov 17, 2025Nov 18, 2025
CIEN CIENA CORP▼ Sell 10b5-1 plan2,500$170.22$426KOct 15, 2025Oct 17, 2025
CIEN CIENA CORP▼ Sell 10b5-1 plan2,500$132.00$330KSep 15, 2025Sep 17, 2025

Questions about this record

How many shares has David M. Rothenstein bought and sold?

David M. Rothenstein has disclosed 12 Form 4 transactions in the record we track, from Sep 15, 2025 to Aug 14, 2026: 12 sales worth $9,813,462 and no open-market purchases. Each figure is the reported share count multiplied by the reported price, so these are exact disclosed amounts, not estimates.

Is David M. Rothenstein selling a bearish signal?

Not on its own. Insiders sell for many reasons that have nothing to do with a view on the stock — diversification, taxes, estate planning, or a pre-scheduled plan set up months earlier. Of the 12 sales on this record, 12 were made under a Rule 10b5-1 plan and 0 were automatic tax withholding on vesting shares, leaving 0 that were the insider's own discretionary decision (worth $0). Buying is the cleaner signal, because there is only one reason to buy. This page is a record, not a recommendation.

What is David M. Rothenstein's role?

David M. Rothenstein files as SVP and Chief Strategy Officer of CIENA CORP (CIEN). That role is taken from the Form 4 filings themselves. A Form 4 is filed with the SEC within two business days of an insider buying or selling their own company's stock.

What was David M. Rothenstein's largest single transaction?

The largest single transaction on record is a sell of 2,500 shares of CIEN at $562.39, worth $1,405,969, filed May 19, 2026.

How current is this record?

The most recent Form 4 here was filed Aug 18, 2026. Insiders have two business days to file after a trade, so this is close to real time, but it is a record of what has been disclosed, not a statement of what David M. Rothenstein currently holds. Amounts are open-market and plan transactions reported on Form 4; grants and option exercises are not counted as buys.

Source: Form 4 filings submitted to the SEC, the same public documents behind our insider trading tracker. Figures are open-market and plan transactions only; grants and option exercises are not counted as buys. A disclosure is not evidence of a market view, and none of this is investment advice. See the full CIEN stock page for price, filings and coverage.