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 common stock and performance stock units on March 20, 2024.
Summary
- On March 20, 2024, Robert Mobassaly, SVP General Counsel of Juniper Networks, engaged in transactions involving Juniper Networks' common stock and performance stock units.
- Mobassaly acquired 10,093 shares of common stock through the vesting of performance stock units.
- Simultaneously, Mobassaly disposed of 5,214 shares of common stock at a price of $36.82 to cover tax obligations related to the vesting of the performance stock units.
- Following these transactions, Mobassaly directly owns 40,940 shares of Juniper Networks' common stock and 0 performance stock units.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to stock transactions. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency regarding the transactions of company insiders.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and do not represent a significant change in the company's financial position.
Key Dates
| Date | Description |
|---|---|
| 03/20/2024 | Date of stock transactions (acquisition and disposal of shares and performance stock units). |
| 03/21/2024 | Date of signature on the Form 4 filing. |
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