JNPR insider Thomas Austin reports 13K RSU grant – SEC Form 4

Rhea-AI Filing Summary

Juniper Networks, Inc. (JNPR) has filed a Form 4 reporting that Thomas A. Austin, Group Vice President & Chief Accounting Officer, was granted 13,000 Restricted Stock Units (RSUs) on 07/01/2025. The award carries a $0.00 exercise price and converts into common stock as it vests. The vesting schedule is 34 % on 06/20/2026, 33 % on 06/20/2027, and the remaining 33 % on 06/20/2028. Following the grant, Austin beneficially owns 13,000 derivative securities, held directly. No open-market purchases or disposals of Juniper common shares were disclosed, and column 8 (price) is not applicable to this equity-based compensation.

Positive

• 13,000 RSU grant aligns the Chief Accounting Officer’s compensation with shareholder interests through a multi-year vesting schedule.
• No open-market selling pressure created, as the transaction is an award at $0.00, limiting immediate dilution.

Negative

• Potential future dilution once RSUs convert to common shares, albeit immaterial relative to share count.

Insights

Securities Analyst

TL;DR: Routine incentive grant; limited immediate market impact.

The Form 4 shows a standard RSU grant to a senior officer with a three-year vesting cadence. Because no shares were bought or sold on the open market and the award was priced at $0, the filing mainly signals ongoing equity-based compensation rather than a change in insider sentiment. While 13,000 shares represent meaningful alignment for the CAO, the amount is immaterial relative to Juniper’s ~325 million shares outstanding, so dilution and near-term supply effects are negligible. Overall, the disclosure is governance-related rather than fundamentally valuation-moving.

Corporate Governance Expert

TL;DR: Equity grant supports alignment; moderately positive for governance.

Granting RSUs that vest over three years ties a key finance executive’s rewards to shareholder value creation through 2028, reinforcing long-term alignment. The back-loaded schedule (two-thirds vesting after year one) encourages retention and sustained performance. Absence of discretionary cash bonuses in this filing suggests an emphasis on at-risk pay. Although the absolute share count is small, such grants form part of a broader equity program that investors typically view favorably when balanced against dilution limits.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Austin Thomas A

(Last) (First) (Middle)

1133 INNOVATION WAY

(Street)

SUNNYVALE CA 94089

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
JUNIPER NETWORKS INC [ JNPR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	GVP & CAO

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
RSU Award	$0.0	07/01/2025		A		13,000		07/20/2028(1)	07/20/2028	Common Stock	13,000	$0.0(2)	13,000	D

Explanation of Responses:

1. This award vests from the original grant date as to thirty-four percent on June 20, 2026, thirty-three percent on June 20, 2027, and thirty-three percent on June 20, 2028.

2. Column 8 is not an applicable reportable field.

	By: /s/ Colin Lloyd, as attorney-in-fact For: Thomas Austin	07/01/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many RSUs were granted to Juniper Networks CAO Thomas Austin?

The Form 4 shows a 13,000-unit RSU award.

What is the vesting schedule for the JNPR RSU grant reported?

34 % vests on 06/20/2026, 33 % on 06/20/2027, and 33 % on 06/20/2028.

Was there any open-market purchase or sale of JNPR shares?

No. The filing only reports an equity award; no market transactions occurred.

Is the ownership direct or indirect?

The RSUs are held directly by Thomas Austin.

What is the expiration date of the RSU award?

Both exercisable and expiration dates are listed as 07/20/2028 in the filing.