MACKEN PATRICK W (EVP, CLO & Corp. Sec.) exercised options at RIBBON COMMUNICATIONS INC.
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 10/17/2025ACC: 0001708055-25-000031
Officer· EVP, CLO & Corp. Sec.
Since Jun 2020
-9.25K
Net shares
Net seller
$35.3K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
20.65K acquired · 29.90K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+20.65K
Price / share
—
Trade value
—
% of position
6.2%
10/17/2025
332.15K→352.80K
Common Stock
Direct
Shares
−9.25K
Price / share
$3.81
Trade value
$35.25K
% of position
2.6%
10/17/2025
352.80K→343.55K
Total
Net shares
+11.40K
Net value
-$35.25K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 10/17/2025 | M · Option Exercise | +20.65K | — | — | 6.2% | 332.15K | 352.80K |
| Common Stock Direct | 10/17/2025 | F · Tax Withholding | −9.25K | $3.81 | $35.25K | 2.6% | 352.80K | 343.55K |
| Total | +11.40K | -$35.25K | ||||||
Derivative Transactions1
Restricted Stock Units (RSUs)
Direct
Converts to
Common Stock
20.65K shares
Shares
−20.65K
Strike price
Held after
20.65K
Exercisable
—
10/17/2025
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Units (RSUs) Direct | Common Stock20.65K shares | 10/17/2025 | M · Option Exercise | −20.65K | — | 20.65K |