AHMED HASSAN 4

What Happened

• Ahmed Hassan, a director of Ciena Corp. (CIEN), was granted 605 restricted stock units (RSUs) on March 26, 2026. The Form 4 reports the acquisition at $0.00 per share (typical reporting for RSU grants); no cash was paid. This is a compensation award rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-26 (reported on Form 4 filed 2026-03-30).
• Transaction type/code: Award/Grant (A) — 605 RSUs @ $0.00.
• Shares owned after transaction: not specified in this filing (the Form 4 reports the grant amount; aggregate holdings were not disclosed here).
• Footnotes: F1 — RSUs vest in full on the first anniversary of the grant. F2 — Shares reported include unvested RSUs.
• Timeliness: filing date 2026-03-30; the filing lists the grant occurring 2026-03-26 (no late-filing flag indicated on this report).

Context

• RSU grants are standard executive/director compensation and do not necessarily indicate a buying or selling signal. These units convert to shares only if and when they vest (here, in full one year after grant); economic value depends on Ciena's stock price at vesting.