Ciena EVP Brodie sells 1,200 shares at $324.86

An EVP at CIENA CORP sold 1,200 CIEN shares under a Rule 10b5-1 plan and continues to hold 37,207 shares including unvested RSUs and PSUs.

Available on EDGAR 09/17/2026 - 04:21 PM EDT Accepted by SEC EDGAR 09/17/2026 - 04:20 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

CIENA CORP (CIEN) executive Gage Brodie, EVP & Chief Product, reported a sale of 1,200 shares of common stock on September 15, 2026 at $324.86 per share, in an open-market or private transaction. The sale was effected under a Rule 10b5-1 trading plan dated July 1, 2025 and modified December 23, 2025. Following this transaction, Brodie directly holds 37,207 shares, which include unvested Restricted Stock Units (RSUs) and Performance Stock Units (PSUs).

Insider Trade Summary 10b5-1

Net Seller: 1,200 shares

Net Sell 1 txn

Insider Gage Brodie

Role EVP & Chief Product &

Sold 1,200 shs ($390K)

Type	Security	Shares	Price	Value
Sale	Common Stock F1, F2	1,200	$324.86	$390K

Holdings After Transaction: Common Stock — 37,207 shares (Direct)

Footnotes (2)

1. F1. Sales were affected pursuant to Rule 10b5-1 trading plan dated 7/1/2025 MODIFIED 12/23/2025.
2. F2. Shares reported include unvested Restricted Stock Units (RSUs) and Performance Stock Units (PSUs).

Key Figures

Shares sold: 1,200 shares Sale price per share: $324.86 per share Shares held after transaction: 37,207 shares +1 more

4 metrics

Shares sold 1,200 shares Common stock sale on September 15, 2026

Sale price per share $324.86 per share Common stock sale on September 15, 2026

Shares held after transaction 37,207 shares Direct holdings after September 15, 2026 sale, including unvested RSUs and PSUs

Net shares sold in this filing 1,200 shares Net of all reported buy and sell transactions in this Form 4

Key Terms

Rule 10b5-1 trading plan, Restricted Stock Units (RSUs), Performance Stock Units (PSUs)

3 terms

Rule 10b5-1 trading plan regulatory

"Sales were affected pursuant to Rule 10b5-1 trading plan dated 7/1/2025"

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

Restricted Stock Units (RSUs) financial

"Shares reported include unvested Restricted Stock Units (RSUs)"

Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.

Performance Stock Units (PSUs) financial

"Shares reported include unvested ... Performance Stock Units (PSUs)"

Performance stock units (PSUs) are a form of executive or employee pay that promise company shares only if pre-set performance goals are met over a defined period; think of them as a bonus paid in stock that arrives only when the company hits agreed targets. Investors watch PSUs because they affect the number of shares outstanding (dilution) and reveal how management’s pay is tied to financial or operational results, aligning incentives with shareholder outcomes.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did CIEN executive Gage Brodie report?

Gage Brodie reported a sale of 1,200 shares of CIENA CORP common stock on September 15, 2026 at $324.86 per share, classified as a sale in an open-market or private transaction.

Was the CIEN insider sale made under a Rule 10b5-1 trading plan?

Yes. The filing states the sales were effected pursuant to a Rule 10b5-1 trading plan dated July 1, 2025 and modified December 23, 2025, indicating the trades followed a pre-established plan.

How many CIEN shares does Gage Brodie hold after this transaction?

After the reported sale, Gage Brodie directly holds 37,207 shares of CIENA CORP common stock. The filing notes that this figure includes unvested RSUs and PSUs.

What is the role of the reporting person in CIENA CORP (CIEN)?

The reporting person, Gage Brodie, is identified as an officer of CIENA CORP with the title "EVP & Chief Product &" in the filing’s officer title field.

How many CIEN shares did the insider sell in total in this Form 4?

The Form 4 reports a single non-derivative transaction: a sale of 1,200 shares of CIENA CORP common stock, with no reported derivative exercises or gifts in this filing.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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^*

Gage Brodie

(Last) (First) (Middle)

C/O CIENA CORPORATION

8150 MAPLE LAWN BOULEVARD, SUITE 300

(Street)

FULTON MARYLAND 20759

(City) (State) (Zip)

UNITED STATES

(Country)

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)
	EVP & Chief Product &

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/15/2026

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

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

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

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	09/15/2026		S		1,200(1)	D	$324.86	37,207(2)	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 7/1/2025 MODIFIED 12/23/2025.

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

	By: Michelle Rankin For: BRODIE GAGE	09/16/2026
	** 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.
* Form 4: SEC 1474 (03-26)