Gage Brodie 4

What Happened
Gage Brodie, SVP Global Products & Supply at Ciena (CIEN), had 1,934 shares withheld on June 20, 2026 to cover tax liabilities related to vested equity. The withholding occurred in five lots (204 / 442 / 669 / 388 / 231 shares) at $428.22 per share, with dollar amounts of $87,357; $189,273; $286,479; $166,149; and $98,919 respectively — total value ≈ $828,177. These transactions are reported with code F (tax withholding/disposition).

Key Details

• Transaction date and price: 2026-06-20 at $428.22 per share (all lots).
• Shares withheld: 1,934 shares; total value ≈ $828,177.
• Shares owned after transaction: Not disclosed in this Form 4 filing.
• Footnotes: Withholdings relate to RSU/PSU awards from various grant dates (12/13/2022, 10/27/2023, 12/12/2023, 12/17/2024, 12/16/2025). Footnote F2 notes reported shares include unvested RSUs and PSUs; several acquisitions were previously reported on earlier Form 3/4 filings.
• Filing date and timeliness: Form filed 2026-06-23 for a 2026-06-20 transaction (filed three calendar days later). Form 4s are generally due within two business days; check the SEC filing for any late (“L”) designation.

Context
Code F transactions are routine tax-withholding dispositions tied to equity awards (RSUs/PSUs) — not an open-market sale by the insider. Such withholdings are common at vesting and typically do not signal a change in the insider’s view of the company. This report documents withholding amounts and linked award grant dates; it does not provide evidence of additional buying or selling activity by the insider.