Ciena (NYSE: CIEN) SVP Jason Phipps sells 21,383 shares under 10b5-1 plan

Rhea-AI Filing Summary

Ciena Corporation senior executive Jason Phipps reported a sale of company stock. On 01/15/2026, he sold 21,383 shares of Ciena common stock at a weighted average price of $247.8895 per share under transaction code "S" for a sale. The trades occurred within a price range from $246.23 to $249.95, and the filing notes that full price breakdowns are available to regulators on request.

After this transaction, Phipps beneficially owned 91,765 Ciena shares, held directly. The filing states that the transaction was executed pursuant to a Rule 10b5-1 trading plan dated 10/06/2025, which is a pre-arranged plan for trading company stock. The reported holdings include unvested Restricted Stock Units (RSUs) and Performance Stock Units (PSUs).

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Phipps Jason

(Last) (First) (Middle)

C/O CIENA CORPORATION

7035 RIDGE RD.

(Street)

HANOVER MD 21076-1426

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
CIENA CORP [ CIEN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP Global Sales and Marketing

3. Date of Earliest Transaction (Month/Day/Year)
01/15/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	01/15/2026		S		21,383(1)	D	$247.8895(2)	91,765(3)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Sales were affected pursuant to Rule 10b5-1 trading plan dated 10/06/2025.

2. Reflects the weighted average sales price with transactions in a range of sales from $246.23 to $249.95. Upon request by the SEC, full information regarding the number of shares sold at each separate sales price will be provided.

3. Shares reported include unvested Restricted Stock Units (RSUs) and Performance Stock Units (PSUs).

	By: Michelle Rankin For: Jason Phipps	01/16/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did CIENA (CIEN) disclose for Jason Phipps?

The filing reports that Jason Phipps, SVP Global Sales and Marketing at Ciena Corporation, sold 21,383 shares of Ciena common stock on 01/15/2026 under transaction code "S" for a sale.

At what price did Jason Phipps sell CIEN shares on 01/15/2026?

The sale was reported at a weighted average price of $247.8895 per share, with individual trades executed in a price range from $246.23 to $249.95.

How many CIEN shares does Jason Phipps own after the reported sale?

Following the reported transaction, Jason Phipps beneficially owned 91,765 shares of Ciena common stock, held directly. The reported amount includes unvested RSUs and PSUs.

Was the CIEN stock sale by Jason Phipps made under a Rule 10b5-1 trading plan?

Yes. The filing states that the sales were effected pursuant to a Rule 10b5-1 trading plan dated 10/06/2025, which is a pre-established plan for trading company stock.

What is the role of Jason Phipps at Ciena Corporation (CIEN)?

According to the filing, Jason Phipps is an officer of Ciena Corporation, serving as SVP Global Sales and Marketing.

How is ownership of the reported CIEN shares characterized in the filing?

The filing lists the ownership form of the reported 91,765 shares as Direct (D), and notes that the total includes unvested Restricted Stock Units (RSUs) and Performance Stock Units (PSUs).