Juniper CEO Sells Another 500,000 Shares

Nobody looks forward to the end of each quarter like Juniper (JNPR Quote) chief Scott Kriens. Or maybe his wife, as the case may be.

In addition to leading a growing Internet equipment company, Kriens also oversees a sizable stock-selling strategy. Every three months or so, Kriens cashes in half a million shares of Juniper stock.

According to a filing Tuesday, Kriens stuck to his pattern this quarter and unloaded another 500,000 shares, netting $12 million. This takes his total sales for the year to $37.6 million. In fact, since Kriens started his quarterly selling in November 2002, he has reeled in $68.8 million from stock sales.

But don't worry. Despite selling more than 4 million shares in the past two years, he still directly owns 12 million shares, according to the latest Securities and Exchange Commission filing. ...