Form 4: Juniper Networks SVP Robert Mobassaly Reports Stock Transactions
SEC Form 4 Filing
Robert Mobassaly, SVP General Counsel at Juniper Networks, reports the acquisition and disposal of company stock on July 16, 2024, according to a Form 4 filing.
Summary
- On July 16, 2024, Robert Mobassaly, SVP General Counsel of Juniper Networks, engaged in transactions involving Juniper Networks' common stock.
- Mobassaly acquired 3,100 shares of common stock through the vesting of a Restricted Stock Unit (RSU) award.
- Simultaneously, 1,602 shares were disposed of to cover income and payroll withholding taxes at a price of $37.28 per share.
- Following these transactions, Mobassaly directly owns 42,438 shares of Juniper Networks' common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities in company stock.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they represent routine insider trading activity.
Key Dates
| Date | Description |
|---|---|
| 07/16/2024 | Date of stock transaction and RSU vesting. |
| 07/17/2024 | Date of signature on the Form 4 filing. |
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