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Director at Ciena (NYSE: CIEN) granted 605 RSUs, now holds 24,025 shares

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Form Type
4

Rhea-AI Filing Summary

CIENA CORP director Ahmed Hassan received an equity award of 605 shares of Common Stock on March 26, 2026, as a grant/award acquisition. The award is in the form of restricted stock units that vest in full on the first anniversary of the grant date. Following this grant, he directly owns 24,025 shares, and this total includes unvested restricted stock units. The grant was recorded at no cash price per share, reflecting routine stock-based compensation rather than an open-market purchase.

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Insider AHMED HASSAN
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 605 $0.00 --
Holdings After Transaction: Common Stock — 24,025 shares (Direct)
Footnotes (1)
  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).
Shares granted 605 shares Restricted stock unit grant on March 26, 2026
Grant price $0.0000 per share Reported grant/award acquisition price
Total shares after grant 24,025 shares Direct holdings following the transaction, including unvested RSUs
Restricted stock units (RSUs) financial
"Restricted stock units (RSUs) vest in full on the first anniversary of the date of the grant."
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 of the date of the grant."
Common Stock financial
"security_title: "Common Stock" in the reported non-derivative transaction."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
AHMED HASSAN
(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)
XDirector10% 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)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock03/26/2026A605(1)A$0.024,025(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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: Hassan M. Ahmed03/27/2026
** Signature of Reporting PersonDate
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)

Source: View Original Filing on SEC EDGAR

FAQ

What did CIEN director Ahmed Hassan report in this Form 4 filing?

Ahmed Hassan reported receiving a grant of 605 shares of CIENA CORP common stock as restricted stock units. These were awarded at no cash cost and are part of his equity compensation, increasing his direct holdings to 24,025 shares including unvested RSUs.

How many CIEN shares does Ahmed Hassan hold after this reported transaction?

After the reported grant, Ahmed Hassan directly holds 24,025 CIEN shares. This figure includes both vested and unvested restricted stock units, reflecting his total direct equity position in CIENA CORP following the March 26, 2026 award.

What are the vesting terms of the CIEN restricted stock units granted to Ahmed Hassan?

The restricted stock units granted to Ahmed Hassan vest in full on the first anniversary of the grant date. This means he must remain eligible through that one-year period for the entire 605-share award to become fully vested common stock.

Did Ahmed Hassan buy CIEN shares on the open market in this Form 4?

No, the Form 4 shows a grant of 605 CIEN shares as stock-based compensation, not an open-market purchase. The transaction code is “A” for a grant or award, with a reported price of $0.0000 per share, indicating no cash outlay.

What does the Form 4 say about unvested CIEN restricted stock units held by Ahmed Hassan?

The filing notes that the reported share total includes unvested restricted stock units. This means Ahmed Hassan’s 24,025 CIEN shares after the transaction are a combination of currently vested stock and RSUs that will vest based on the grant’s terms.