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Devinder Kumar awarded 605 Ciena (NYSE: CIEN) RSUs as director pay

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

KUMAR DEVINDER reported acquisition or exercise transactions in this Form 4 filing.

Ciena director Devinder Kumar reported an equity grant of 605 shares of Common Stock in the form of restricted stock units. The award was received at no cash cost per share as compensation, not through an open-market purchase or sale.

The restricted stock units vest in full on the first anniversary of the grant date. After this grant, Kumar directly holds a total of 29,557 Ciena shares, and this figure includes unvested restricted stock units noted in the filing footnotes.

Positive

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Negative

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Insider KUMAR DEVINDER
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 605 $0.00 --
Holdings After Transaction: Common Stock — 29,557 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).
RSU grant size 605 shares Restricted stock units granted to director Devinder Kumar
Grant price $0.0000 per share Reported transaction price for RSU award
Shares held after grant 29,557 shares Total direct holdings following 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."
unvested Restricted Stock Units (RSUs) financial
"Shares reported include unvested Restricted Stock Units (RSUs)."
grant, award, or other acquisition financial
"transaction code description is Grant, award, or other acquisition"
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*
KUMAR DEVINDER
(Last)(First)(Middle)
C/O CIENA CORPORATION
7035 RIDGE RD
(Street)
HANOVER MARYLAND 21076
(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$0.029,557(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: Devinder Kumar03/27/2026
** 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 insider transaction did Ciena (CIEN) director Devinder Kumar report?

Devinder Kumar reported receiving 605 shares of Ciena Common Stock as a restricted stock unit grant. The award carries a zero dollar grant price per share and is part of his director compensation, increasing his direct holdings to 29,557 shares, including unvested RSUs.

Is Devinder Kumar’s 605-share CIEN transaction a stock purchase or compensation?

The 605-share transaction is a compensation-related grant, not an open-market stock purchase. It is reported with transaction code A, described as a grant or award acquisition, with a price of $0.0000 per share, reflecting equity-based director compensation rather than a cash investment.

When do Devinder Kumar’s new Ciena (CIEN) restricted stock units vest?

The restricted stock units granted to Devinder Kumar vest in full on the first anniversary of the grant date. Until vesting, they remain unvested RSUs, but are still included in the total shares reported in the filing, according to the accompanying footnote disclosure.

How many Ciena (CIEN) shares does Devinder Kumar hold after this Form 4 grant?

Following the 605-share restricted stock unit grant, Devinder Kumar directly holds 29,557 Ciena shares. This total share figure, disclosed in the filing, includes both vested shares and unvested restricted stock units, as clarified by the second footnote to the report.

Does Devinder Kumar’s Form 4 indicate any sale of Ciena (CIEN) shares?

The Form 4 shows only an acquisition via a grant of 605 restricted stock units and no sales. The transaction is coded as a grant or award acquisition, with no reported dispositions, gifts, tax withholdings, or open-market sales in the summarized transaction data.