Claflin Bruce L. 4

What Happened

Bruce L. Claflin, a director of CIENA Corp (CIEN), was granted 605 restricted stock units (RSUs) on 2026-03-26. The Form 4 reports the acquisition at a grant price of $0.00 (total reported value $0). These RSUs are unvested at grant.

Key Details

• Transaction date: 2026-03-26; filing date: 2026-03-30 (filed within required timeframe).
• Grant: 605 RSUs; reported acquisition price: $0.00; reported total value: $0.
• Shares owned after transaction: Not specified in the filing.
• Footnotes:
  • F1: RSUs vest in full on the first anniversary of the grant date.
  • F2: Shares reported include unvested RSUs.
  • F3: A trust mentioned in the filing lists the reporting person’s spouse and children as beneficiaries; the reporting person disclaims beneficial ownership of securities held by that trust.

Context

This was an equity award (grant) rather than an open-market purchase or sale. RSUs are a form of deferred compensation that convert to shares only upon vesting; they do not necessarily signal an immediate buying or selling decision by the insider. No tax-withholding sale or immediate disposition is indicated in the filing.