Ciena Corp EVP Brodie Gage Surrenders 1,934 Shares for Tax Withholding
CIENA CORP
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Filing Summary
# CIENA CORP (CIEN) - Form 4 Filing
**Filing Date:** September 22, 2026
**Insider:** Gage Brodie
**Role:** EVP & Chief Product &
### Transaction Summary
* **Type:** Tax Withholding (Code F)
* **Shares Transacted:** 1,934
* **Price Per Share:** $348.80
* **Total Value:** $674,579.20
* **Shares Held After:** 35,273
* **Significance:** Low (Routine Tax Withholding)
Comprehensive Analysis
Transaction Overview
On September 20, 2026, Brodie Gage, Executive Vice President & Chief Product Officer at Ciena Corporation (NYSE: CIEN), disposed of an aggregate of 1,934 shares of common stock at a price of $348.80 per share, resulting in a total transaction value of $674,579.20.
Transaction Details and Purpose
The filing outlines five separate dispositions under transaction code "F":
- 204 shares withheld for taxes on RSUs granted October 27, 2023
- 442 shares withheld for taxes on RSUs granted December 13, 2022
- 669 shares withheld for taxes on RSUs granted December 12, 2023
- 388 shares withheld for taxes on RSUs granted December 17, 2024
- 231 shares withheld for taxes on RSUs granted December 16, 2025
All shares were withheld by the issuer to cover statutory tax withholding liabilities associated with the vesting of previously granted Restricted Stock Unit (RSU) awards. These were non-discretionary transactions rather than open-market sales.
Ownership Post-Transaction
Following these withholdings, Brodie Gage beneficially owns 35,273 shares directly, which includes unvested Restricted Stock Units (RSUs) and Performance Stock Units (PSUs).
Market and Sentiment Impact
Because these transactions represent standard, non-discretionary share surrender for tax withholding obligations arising from scheduled equity vesting events, the trading significance is rated as Low and does not signal a change in executive sentiment regarding the company's prospects.
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Important Disclaimer
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