December 20, 2025 · Form 4 insider transaction
SMITH GARY B sold 8,933 shares of Ciena Corporation at $230.34 per share, a transaction worth $2.06M. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 3 days after the transaction.
Represents shares withheld to cover payment of the tax liabilities of the reporting person related to a performance stock unit (PSU) award agreement dated 12/12/2023. The earning of the PSU was previously reported on Table I of the reporting person's Form 4 filed on 12/19/2024.; Shares reported include unvested Restricted Stock Units (RSUs) and Performance Stock Units (PSUs).