VeriSign (VRSN) Insider Files Form 144 for 501 Shares on 09/02/2025
Rhea-AI Filing Summary
VeriSign Inc. (VRSN) Form 144 notice reports a proposed sale of 501 common shares through Morgan Stanley Smith Barney LLC on 09/02/2025 with an aggregate market value of $135,500.46. The shares were acquired as restricted stock from the issuer on 08/15/2025. The filer also disclosed six prior small common-share sales during the past three months, each for 501 shares, producing total gross proceeds of $835,279.73. Outstanding shares are listed as 93,400,000, indicating the reported sales are a very small fraction of shares outstanding.
Positive
- Form 144 properly filed, indicating regulatory compliance with Rule 144 disclosure requirements
- Transaction size is small relative to 93,400,000 shares outstanding, suggesting limited market impact
Negative
- Insider proposes to sell 501 shares on 09/02/2025, which discloses insider liquidity activity
- Recent insider sales totaling $835,279.73 in the past three months are reported
Insights
TL;DR: Routine insider sale disclosure; proceeds are modest relative to shares outstanding.
The Form 144 documents a forthcoming sale of 501 VeriSign common shares and multiple recent small sales of the same size. The reported aggregate market value for the proposed sale is $135,500.46 and six prior sales over the past three months generated $835,279.73 in gross proceeds. Given the issuer's listed 93.4 million shares outstanding, these transactions represent an immaterial percentage of equity and are consistent with individual insider liquidity events rather than corporate financing or material dilution.
TL;DR: Disclosure meets Rule 144 formality; no disclosed adverse information or trading-plan notes.
The filer states acquisition as restricted stock from the issuer and certifies no undisclosed material adverse information. The filing names Morgan Stanley Smith Barney LLC as broker and does not indicate reliance on a 10b5-1 plan or provide plan-adoption dates. From a governance perspective, the form provides required transparency for insider sales but contains no indications of material corporate events.