Form 4: Juniper Networks SVP Robert Mobassaly Reports Stock Transactions

Robert Mobassaly, SVP General Counsel at Juniper Networks, reports the vesting of performance stock units and subsequent tax withholding.

Summary

• Robert Mobassaly, SVP General Counsel of Juniper Networks, reported transactions involving Juniper Networks' common stock.
• On February 21, 2025, 20,017 performance stock units vested at a price of $0.00.
• Also on February 21, 2025, 10,668 shares were withheld for tax purposes at a price of $35.99.
• Following these transactions, Mobassaly directly owns 98,013 shares of Juniper Networks' common stock.
• On February 20, 2025, Mobassaly was granted 42,300 restricted stock units (RSUs) which vest over three years.
• Mobassaly now holds 42,300 RSUs.

Sentiment

Score: 5

Explanation: This is a routine disclosure of stock transactions, so the sentiment is neutral.

Future Outlook

The reported RSU award vests from the original grant date as to thirty-four percent on the one year anniversary of the grant date and thirty-three percent annually on the second anniversary and third anniversary.

Industry Context

Form 4 filings are routine disclosures required by the SEC to ensure transparency in stock transactions by company insiders. They provide insights into management's perspective on the company's stock.

Stakeholder Impact

• The vesting of stock options and RSUs can dilute existing shareholders' equity, although the impact is typically small in the context of a large company like Juniper Networks.

Key Dates

Keywords

Form 4, Juniper Networks, JNPR, Robert Mobassaly, Stock Options, RSU, Performance Stock Units, Insider Trading