Director Lawton W. Fitt adds CIENA (CIEN) shares through equity awards
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
FITT LAWTON W
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 605 | $0.00 | -- |
| Grant/Award | Common Stock | 257 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 129,776 shares (Direct)
Footnotes (1)
- Restricted stock units (RSUs) vest in full on the first anniversary of the date of the grant. 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
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.
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.