NEVENS THOMAS MICHAEL 4

What Happened Thomas Michael Nevens, a director of CIENA Corp (CIEN), received an award of 605 restricted stock units (RSUs) on 2026-03-26. The Form 4 reports the acquisition as 605 shares at $0.00 (total reported value $0). This is an equity award (compensation), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-26; reported on Form 4 filed 2026-03-30 (timely filing).
• Award: 605 RSUs; price on form: $0.00; total reported value: $0.
• Vesting: RSUs vest in full on the first anniversary of the grant (per footnote).
• Shares reported include unvested RSUs (per footnote).
• Shares owned following the transaction: not specified in the provided summary.

Context RSU grants are a common form of director/executive compensation and represent a future right to shares once vesting conditions are met. Because these RSUs are unvested and were granted as compensation, the transaction is not a direct bullish or bearish signal about immediate buying or selling activity.