Gage Brodie Files Form 4 for CIENA CORP; Insider Ownership Change Implied

TL;DR

**Gage Brodie filed a Form 4 for CIENA CORP, signaling a change in insider ownership.**

AI Summary

This Form 4 filing indicates that Gage Brodie, a reporting person, has filed a statement of changes in beneficial ownership of securities related to CIENA CORP. The filing was made on March 24, 2026, for a period of report ending March 20, 2026. While the filing itself doesn't detail specific transactions, it signals that an insider's holdings may have changed, which is important for investors as insider activity can sometimes signal confidence or concern about the company's future performance.

Why It Matters

This filing matters because it signals potential changes in an insider's stake in CIENA CORP, which can influence investor perception and stock valuation.

Risk Assessment

Risk Level: low — This filing is purely administrative and does not inherently indicate a high risk, but rather a disclosure of potential insider activity.

Analyst Insight

A smart investor would monitor subsequent Form 4 filings from Gage Brodie to understand the nature and magnitude of any transactions, as well as the overall insider sentiment towards CIENA CORP.

Key Players & Entities

• Gage Brodie (person) — Reporting Person
• CIENA CORP (company) — Issuer of securities
• 0001998826 (person) — Gage Brodie's CIK
• 0000936395 (company) — CIENA CORP's CIK

FAQ

Filing Documents

• form4.html (4)
• form4.xml (4) — 10KB
• 0001123292-26-000498.txt ( ) — 12KB

From the Filing

SEC FORM 4 SEC Form 4 FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 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 * Gage Brodie (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) Director 10% Owner X Officer (give title below) Other (specify below) SVP Global Products & Supply 2a. Foreign Trading Symbol 3. Date of Earliest Transaction (Month/Day/Year) 03/20/2026 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 03/20/2026 F 230 (1) D $ 383.89 53,043 (2) D Common Stock 03/20/2026 F 204 (3) D $ 383.89 52,839 (2) D Common Stock 03/20/2026 F 442 (4) D $ 383.89 52,397 (2) D Common Stock 03/20/2026 F 669 (5) D $ 383.89 51,728 (2) D Common Stock 03/20/2026 F 387 (6) D $ 383.89 51,341 (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. Represents shares withheld to cover payment of the tax liabilities of the reporting person related to a restricted stock unit (RSU) award agreement dated 12/16/2025. Acquisition of the RSU was previously reported in Table I of the reporting person's Form 4 filed on 12/18/2025. 2. Shares reported include unvested Restricted Stock Units (RSUs) and Performance Stock Units (PSUs). 3. Represents shares withheld to cover payment of the tax liabilities of the reporting person related to a restricted stock unit (RSU) award agreement dated 10/27/2023. Acquisition of the RSU was previously reported in Table I of the reporting person's Form 4 filed on 10/31/2023. 4. Represents shares withheld to cover payment of the tax liabilities of the reporting person related to a restricted stock unit (RSU) award agreement dated 12/13/2022. Acquisition of the RSU was previously reported in Table I of the reporting person's Form 3 filed on 10/31/2023. 5. Represents shares withheld to cover payment of the tax liabilities of the reporting person related to a restricted stock unit (RSU) award agreement dated 12/12/2023. Acquisition of the RSU was previously reported in Table I of the reporting person's Form 4 filed on 12/14/2023. 6. Represents shares withheld to cover payment of the tax liabilities of the reporting person related to a restricted stock unit (RSU) award agreement dated 12/17/2024. Acquisition of the RSU was previously reported in Table I of the reporting person's Form 4 filed on 12/19/2024. By: Michelle Rankin For: Brodie Gage 03/24/2026 ** 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 mor

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