Form 4: Juniper Networks EVP CFO Kenneth Miller Reports Changes in Beneficial Ownership
SEC Form 4
Kenneth Miller, EVP CFO of Juniper Networks, reports the acquisition and disposal of performance stock units.
Summary
- Kenneth Miller, the EVP CFO of Juniper Networks, filed a Form 4 detailing changes in his beneficial ownership of company stock.
- The report includes the acquisition of performance stock units (PSUs) related to awards granted in the first quarters of 2022, 2023, and 2024.
- These PSUs are subject to the attainment of certain performance conditions and certification by the Compensation Committee.
- The report also indicates the disposal of some performance stock units.
- The vesting of these tranches is contingent upon Mr. Miller's continued service through the settlement dates and, in some cases, certification by the Compensation Committee of the final tranche of the award.
Sentiment
Score: 5
Explanation: This is a neutral regulatory filing, reflecting standard executive compensation practices.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive compensation and ownership.
Key Dates
| Date | Description |
|---|---|
| 02/12/2025 | Date of transaction for Performance Stock Units. |
| 02/14/2025 | Date of signature for the report. |
| 02/21/2025 | Vesting date for one tranche of the performance award granted in the first quarter of 2022. |
| 02/20/2026 | Vesting date for one tranche of the award granted in the first quarter of 2023. |
| 02/20/2027 | Vesting date for one tranche of the award granted in the first quarter of 2024. |
Keywords
Form 4, Beneficial Ownership, Performance Stock Units, Juniper Networks, JNPR, Kenneth Miller, EVP CFO, Stock Options, Vesting
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