Every Form 4 that Ciena Corporation (CIEN) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A Form 4 covers the transactions officers, directors and large holders report, so if you follow CIEN and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CIEN filings page.
Ciena Corporation President and CEO Gary B. Smith, who also serves as a director, reported acquiring common stock on December 16, 2025 through equity-based awards. He received 95,471 stock units tied to a performance stock unit award granted on December 17, 2024, 116,582 stock units from a market stock unit award granted on December 13, 2022, and 30,499 restricted stock units, all at a stated price of $0.0 per share.
The performance stock units vest in two equal installments on December 20, 2025 and December 20, 2026. The market stock units vest on December 20, 2025, based on total shareholder return performance. The restricted stock units vest over four years in equal one-sixteenth portions each March 20, June 20, September 20, and December 20, beginning March 20, 2026. After these transactions, Smith beneficially owned 497,422 shares, including unvested restricted, performance, and market stock units.
Ciena Corporation SVP and Chief Strategy Officer David M. Rothenstein reported acquiring additional Ciena common stock through the earning and vesting of stock unit awards. On 12/16/2025 he acquired 15,910 shares from a performance stock unit award granted on December 17, 2024, 17,664 shares from a market stock unit award granted on December 13, 2022 tied to total shareholder return conditions, and 7,148 restricted stock units, all at a reported price of $0.0 per share.
After these transactions he beneficially owns 221,412 Ciena shares directly, a figure that includes unvested Restricted Stock Units, Performance Stock Units and Market Stock Units. The PSU shares vest in equal halves on December 20, 2025 and December 20, 2026, the MSU shares vest on December 20, 2025, and the RSUs vest over four years in equal sixteenth installments each March 20, June 20, September 20 and December 20 beginning March 20, 2026.
Ciena Corporation executive Jason Phipps, SVP Global Sales and Marketing, reported multiple stock unit awards dated December 16, 2025. He acquired 20,368 shares earned from a performance stock unit award granted on December 17, 2024, which vest in two equal parts on December 20, 2025 and 2026. He also earned 21,196 shares from a market stock unit award granted on December 13, 2022 that vest on December 20, 2025, and 9,650 restricted stock units that vest quarterly over four years beginning March 20, 2026. Following these transactions, he beneficially owned 131,458 shares of Ciena common stock, including unvested RSUs, PSUs and MSUs.
Ciena Corporation senior vice president and Blue Planet general manager Joseph Cumello reported equity awards in company stock. On 12/16/2025 he acquired 12,091 shares earned from a performance stock unit award, 11,482 shares earned from a market stock unit award based on total shareholder return, and 5,838 restricted stock units, all at no purchase price. After these awards, he beneficially owns 72,942 shares of Ciena common stock, including unvested RSUs, PSUs and MSUs that vest beginning in December 2025 and under later scheduled dates.
Ciena Corporation executive Jason Phipps, SVP Global Sales and Marketing, reported a sale of company stock. On 10/01/2025, he sold 1,984 shares of Ciena common stock at $ 143.42 per share in a transaction coded as a sale.
The transaction was executed under a pre-arranged Rule 10b5-1 trading plan dated 10/09/2024, which allows scheduled trading independent of day-to-day market conditions. Following this sale, Phipps beneficially owns 80,244 shares of Ciena, and this amount includes unvested Restricted Stock Units (RSUs) and Performance Stock Units (PSUs). His holdings are reported as directly owned.
CIENA CORP director T. Michael Nevens reported selling 8,554 shares of common stock on December 15, 2025 at $224.66 per share.
After this transaction, he beneficially owned 9,422 shares, and the filing notes that this amount includes unvested restricted stock units. The report is filed by a single reporting person in his role as a director of the company.
Ciena Corporation reported an insider stock transaction by SVP Global Products & Supply Brodie Gage. On 12/15/2025, Gage sold 550 shares of Ciena common stock at $220.84 per share in a transaction coded "S".
The sale was effected under a Rule 10b5-1 trading plan dated 07/01/2025. After this trade, Gage beneficially owns 39,992 Ciena shares in direct ownership, and this figure includes unvested Restricted Stock Units and Performance Stock Units.
Ciena Corporation executive David M. Rothenstein, Senior Vice President and Chief Strategy Officer, reported selling 2,500 shares of Ciena common stock on 12/15/2025 at $220.84 per share in a transaction coded as a sale.
The sale was executed under a Rule 10b5-1 trading plan dated 12/23/2024. Following this transaction, he beneficially owned 180,690 shares, which include unvested restricted stock units (RSUs) and performance stock units (PSUs).
Ciena Corporation disclosed that President and CEO Gary B. Smith, who is also a director, sold common stock in a planned transaction. On 12/03/2025 he sold 6,800 shares of Ciena common stock at a weighted average price of $192.6106 per share under a Rule 10b5-1 trading plan dated 09/11/2024. Following this sale, he beneficially owns 254,870 shares, which include unvested Restricted Stock Units (RSUs) and Performance Stock Units (PSUs). The filing is made by one reporting person and reflects a routine insider transaction executed under a pre-established trading plan.
Ciena Corporation (CIEN) insider activity: A senior officer, the SVP Global Products & Supply, reported selling 111 shares of Ciena common stock on 11/17/2025 in an open market transaction coded as a sale. The shares were sold at a price of $190.8 per share under a pre-arranged Rule 10b5-1 trading plan dated 09/06/2024, which is designed to allow trading under preset instructions. After this transaction, the reporting person beneficially owned 40,542 shares, and this figure includes unvested Restricted Stock Units (RSUs) and Performance Stock Units (PSUs).
Ciena Corporation senior vice president and chief strategy officer David M. Rothenstein reported a sale of company stock. On 11/17/2025, he sold 2,500 shares of Ciena common stock in an open market transaction under a pre-arranged Rule 10b5-1 trading plan dated 12/23/2024. The filing states a weighted average sale price of $191.7246 per share, with individual trades executed in a price range from $189.39 to $195.38. After this transaction, Rothenstein beneficially owns 183,190 Ciena shares, which the report notes include unvested restricted stock units (RSUs) and performance stock units (PSUs). The form confirms this is a filing by one reporting person and that the shares are held directly.
Ciena Corporation (CIEN) senior vice president of Global R&D, Dino Diperna, reported a sale of company stock in a Form 4 filing. On 11/17/2025, he sold 1,241 shares of Ciena common stock at a price of $190.8 per share. The filing states that this sale was made under a Rule 10b5-1 trading plan dated 7/11/2025, which is a pre-arranged plan for trading company stock. Following the reported transaction, Diperna beneficially owns 38,047 shares of Ciena common stock, and this amount includes unvested Restricted Stock Units (RSUs) and Performance Stock Units (PSUs).
Ciena (CIEN) CEO and Director Gary B. Smith reported an open‑market sale of 6,800 shares of common stock on 11/10/2025 under a Rule 10b5-1 trading plan dated 9/11/2024. The weighted average sales price was $209.4521, with individual trades executed between $206.29 and $213.48. Following the transaction, Smith beneficially owns 261,670 shares directly; this total includes unvested RSUs and PSUs.
Ciena (CIEN) CEO and Director Gary B. Smith reported an insider sale on 11/03/2025. He sold 6,800 shares of common stock pursuant to a Rule 10b5-1 trading plan dated 09/11/2024.
The weighted-average price was $190.451, with trades executed between $188.2450 and $192.3400. Following the transaction, Smith beneficially owns 268,470 shares, held directly; this total includes unvested RSUs and PSUs.
CIENA (CIEN) insider transaction: SVP and Chief Strategy Officer David M. Rothenstein reported the sale of 2,500 shares of common stock on 10/15/2025. The transaction was executed under a Rule 10b5-1 trading plan dated 12/23/2024.
The shares were sold at a weighted average price of $170.2172, with individual trades occurring between $167.9600 and $172.7600. Following the sale, he beneficially owns 185,690 shares, which include unvested RSUs and PSUs. Ownership is reported as direct.
Ciena Corporation (CIEN) reported an insider transaction: President & CEO and Director Gary B. Smith sold 6,800 shares of common stock on 10/15/2025 in an open-market trade under a Rule 10b5-1 trading plan dated 09/11/2024. The filing lists a weighted average price of $170.2509, with individual sales executed between $167.1500 and $172.6900.
Following the sale, Smith beneficially owns 275,270 shares directly. The reported holdings include unvested Restricted Stock Units (RSUs) and Performance Stock Units (PSUs).
CIENA (CIEN) reported an insider transaction by its SVP, Global Products & Supply. On 10/15/2025, the officer sold 350 shares of common stock at $169.36 per share pursuant to a Rule 10b5-1 trading plan dated 09/06/2024. After the sale, the officer directly beneficially owned 40,653 shares. The reported holdings include unvested RSUs and PSUs.
Ciena (CIEN) reported insider activity by its SVP Global R&D. On 10/15/2025, the officer executed two open‑market sales of common stock totaling 734 shares (367 + 367) at a price of $169.36 per share, made pursuant to a Rule 10b5‑1 trading plan dated 9/11/2024. Following these transactions, the officer reported 40,529 shares beneficially owned. The filing notes that the reported holdings include unvested RSUs and PSUs.
Gary B. Smith, who is listed as President, CEO and a Director of CIENA CORP (CIEN), reported a sale of common stock on 10/01/2025. The filing shows 6,800 shares were disposed of under transaction code S at a weighted average price of $149.8764, leaving 282,070 shares beneficially owned after the sale. The filing states the sales were effected pursuant to a Rule 10b5-1 trading plan dated 9/11/2024. The reported share total includes unvested Restricted Stock Units (RSUs) and Performance Stock Units (PSUs). The Form 4 was signed on 10/02/2025.
T. Michael Nevens, a director of CIENA CORP (CIEN), reported a change in beneficial ownership dated 09/30/2025. The filing shows a disposition of 5,770 common shares under transaction code G, which the filer explains were given as a gift with no consideration received. After the reported transaction the reporting person beneficially owns 17,976 shares; the filing notes this total includes unvested Restricted Stock Units (RSUs). The Form 4 was filed individually by the reporting person and signed on behalf of the filer by Michelle Rankin.