Form 4: Juniper Networks CEO Rami Rahim Reports Stock Transactions
SEC Form 4 Filing
CEO Rami Rahim reports the vesting of restricted stock units, subsequent tax withholding, and transfer of shares to a family trust.
Summary
- On February 18, 2025, Rami Rahim, CEO of Juniper Networks, reported transactions involving Juniper Networks common stock.
- 53,241 shares were acquired through the vesting of Restricted Stock Units (RSUs).
- 28,074 shares were withheld for tax obligations at a price of $36.16 per share.
- 25,167 shares were transferred to the Rahim Family Trust.
- Following these transactions, Rahim directly owns 25,167 shares and indirectly owns 995,266 shares through a living trust.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with neutral sentiment.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into the trading activities of company insiders.
Related Party Transactions
- Transfer of shares to the Rahim Family Trust is a related party transaction.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they primarily reflect internal compensation adjustments and wealth management.
Key Dates
| Date | Description |
|---|---|
| 02/18/2025 | Date of stock transactions (vesting of RSUs, tax withholding, and transfer to family trust). |
| 02/19/2025 | Date of signature for the Form 4 filing. |
Keywords
Juniper Networks, JNPR, Rami Rahim, CEO, Form 4, Stock Transaction, RSU, Restricted Stock Units, Beneficial Ownership, Rahim Family Trust
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