Ciena Corp Officer Gage Brodie Sells 6,678 Shares for Tax Withholding

Ciena Corporation Senior Vice President of Global Products & Supply, Gage Brodie, filed a Form 4 disclosing the sale of 6,678 shares of common stock on December 20, 2025. The transactions were executed at $230.34 per share and represent shares withheld to cover tax liabilities associated with multiple restricted stock unit (RSU) and performance stock unit (PSU) awards. The sales were made pursuant to Rule 16b-3 and were not discretionary trades. Following these transactions, Brodie's direct ownership decreased to 53,273 shares, which includes unvested RSUs and PSUs. The filing indicates these were mandatory tax withholding transactions rather than voluntary sales, with shares being automatically withheld to satisfy tax obligations upon vesting of equity awards.