CIENA director receives stock awards in Form 4

CIENA CORP director Lawton W. Fitt received equity awards in the form of common stock.

Accepted by SEC EDGAR 03/30/2026 - 07:35 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

CIENA CORP director Lawton W. Fitt received equity awards in the form of common stock. On March 26, 2026, she acquired 605 shares and a further 257 shares of CIENA common stock at a stated price of $0.00 per share, reflecting compensation-related grants rather than open-market purchases.

Following these awards, Fitt directly holds 130,033 shares of CIENA common stock, and the reported amount includes unvested Restricted Stock Units (RSUs). The RSUs vest in full on the first anniversary of the grant date, indicating these awards are subject to a one-year service-based vesting period.

Insider Trade Summary

Grant/Award: 862 shares

Grant/Award 2 txns

Insider FITT LAWTON W

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	605	$0.00	$0.00
Grant/Award	Common Stock	257	$0.00	$0.00

Holdings After Transaction: Common Stock — 130,033 shares (Direct)

Footnotes (2)

1. F1. Restricted stock units (RSUs) vest in full on the first anniversary of the date of the grant.
2. F2. Shares reported include unvested Restricted Stock Units (RSUs).

Key Figures

Equity award 1: 605 shares Equity award 2: 257 shares Holdings after transaction: 130,033 shares +1 more

4 metrics

Equity award 1 605 shares Common stock grant on March 26, 2026

Equity award 2 257 shares Additional common stock grant on March 26, 2026

Holdings after transaction 130,033 shares Total direct CIENA common stock after awards

Transaction price per share $0.00 per share Indicates compensation grant, not market purchase

Key Terms

Restricted Stock Units (RSUs), vest in full, grant, award, or other acquisition

3 terms

Restricted Stock Units (RSUs) financial

"Restricted stock units (RSUs) vest in full on the first anniversary"

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.

vest in full financial

"Restricted stock units (RSUs) vest in full on the first anniversary"

grant, award, or other acquisition financial

"transaction code description indicates Grant, award, or other acquisition"

FAQ

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

What insider transaction did CIENA (CIEN) director Lawton W. Fitt report?

Lawton W. Fitt reported receiving equity awards of CIENA common stock as compensation. On March 26, 2026, she acquired 605 shares and 257 shares through grant or award transactions, rather than buying in the open market.

How many CIENA (CIEN) shares does Lawton W. Fitt hold after this Form 4?

After the reported grants, Lawton W. Fitt directly holds 130,033 CIENA common shares. This total includes unvested Restricted Stock Units, meaning some of the reported shares are still subject to vesting conditions over time.

Were the CIENA (CIEN) shares acquired by Lawton W. Fitt purchased on the open market?

No, the shares were not open-market purchases. The Form 4 shows transaction code “A,” indicating grant, award, or other acquisition, with a transaction price of $0.00 per share, consistent with stock-based compensation awards.

What are the vesting terms of the CIENA (CIEN) RSUs granted to Lawton W. Fitt?

The Restricted Stock Units vest in full on the first anniversary of the grant date. This one-year vesting schedule means Fitt must remain eligible through that date to receive the full benefit of these RSU awards.

Does the Form 4 for CIENA (CIEN) indicate any share sales by Lawton W. Fitt?

The filing does not show any sales. It reports only acquisition-type transactions coded “A” for grant or award, with no entries indicating dispositions, sales, tax withholding, or gifts of CIENA common stock.

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).

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^*

FITT LAWTON W

(Last) (First) (Middle)

C/O CIENA CORPORATION

7035 RIDGE RD.

(Street)

HANOVER MARYLAND 21076-1426

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/26/2026

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	03/26/2026		A		605(1)	A	$0	129,776(2)	D
Common Stock	03/26/2026		A		257(1)	A	$0	130,033(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. Restricted stock units (RSUs) vest in full on the first anniversary of the date of the grant.

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

	By: Michelle Rankin For: Lawton W Fitt	03/30/2026
	** 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)