[Form 4] Juniper Networks Inc Insider Trading Activity

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Juniper Networks (JNPR) – Form 4 filed by director Scott Kriens

The filing records the mandatory disposition of all Juniper equity held, directly or indirectly, by Mr. Kriens on 07/02/2025, the effective date of Juniper’s merger with Hewlett Packard Enterprise (HPE). Under the Merger Agreement, each outstanding share of Juniper common stock was automatically converted into the right to receive $40.00 in cash.

Trust-held common stock disposed: 237,531 shares (Direct Trust), 1,860,000 shares (CR Unitrust), and 180,000 shares (KDI Trust LP).
All 6,840 restricted stock units (RSUs) cancelled and cash-settled at the same $40.00 per-share rate.
Post-transaction beneficial ownership reported as zero; Juniper is now a wholly owned subsidiary of HPE.

The reported transactions reflect corporate action, not open-market activity. For former JNPR shareholders, the filing confirms receipt of the agreed cash consideration and the termination of Juniper’s public-equity status.

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TL;DR – Routine Form 4 confirms cash conversion of Juniper shares at $40 following merger.

This Form 4 simply documents the closing mechanics of the HPE–Juniper merger. The director’s trusts surrendered roughly 2.28 million shares and 6,840 RSUs, all converted at the pre-agreed $40 cash price. Because the merger terms were disclosed in January 2024, today’s filing offers no new valuation information and therefore has limited incremental impact on investors. It does, however, formally verify that shareholders received the full consideration and that Juniper equity has been extinguished.

TL;DR – Filing evidences legal completion of HPE’s acquisition; no surprises.

The disposition mirrors standard Section 16 reporting requirements when a target company is absorbed. All holdings convert into cash exactly as set out in the Merger Agreement. No contingent payouts, escrow, or earn-outs are referenced, signalling a clean, single-step close. From an integration standpoint, the absence of residual equity simplifies post-merger accounting. For transaction-arbitrage investors, the Form 4 provides final confirmation that the $40 cash consideration has been effected.

07/02/2025 - 09:36 PM

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

KRIENS SCOTT

(Last)

(First)

(Middle)

1133 INNOVATION WAY

(Street)

SUNNYVALE

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)

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

3. Date of Earliest Transaction (Month/Day/Year)
07/02/2025

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	07/02/2025		D		237,531	D	⁽¹⁾	0	I	By Trust
Common Stock	07/02/2025		D		1,860,000	D	⁽¹⁾	0	I	By CR Unitrust
Common Stock	07/02/2025		D		180,000	D	⁽¹⁾	0	I	By KDI Trust LP⁽²⁾

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
RSU Award	$0.0	07/02/2025		D			6,840	⁽³⁾	⁽⁴⁾	Common Stock	6,840	⁽³⁾	0	D

Explanation of Responses:

1. Pursuant to an Agreement and Plan of Merger, dated as of January 9, 2024 (the "Merger Agreement"), entered into by and among Juniper Networks, Inc., a Delaware corporation (the "Issuer"), Hewlett Packard Enterprise Company, a Delaware corporation ("Parent"), and Jasmine Acquisition Sub, Inc., a Delaware corporation and a wholly-owned subsidiary of Parent ("Merger Sub"), on July 2, 2025, in accordance with the Merger Agreement, Merger Sub merged with and into the Issuer, with the Issuer surviving such merger as a wholly-owned subsidiary of Parent (the "Merger"). In connection with the Merger, each outstanding share of Issuer common stock ("Share") was converted into the right to receive an amount equal to $40.00 per share in cash, without interest (the "Merger Consideration").

2. Shares held by the KDI Trust LP, of which the reporting person holds a pecuniary interest.

3. Pursuant to the Merger Agreement, each Issuer restricted stock unit ("RSU") award outstanding immediately prior to the effective time of the Merger and held by a non-employee member of the Issuer's board of directors was cancelled and converted into the right to receive an amount of cash equal to the product of (A) the number of Shares that were subject to such Issuer RSU award as of immediately prior to the effective time of the Merger, multiplied by (B) the Merger Consideration.

4. Not applicable.

	By: /s/ Colin Lloyd, as attorney-in-fact For: Scott Kriens	07/02/2025
	** 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.

Source: View Original Filing on SEC EDGAR

[Form 4] Juniper Networks Inc Insider Trading Activity

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