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Verisign director plans $12.5M stock sale

VERISIGN INC/CA (VRSN) received a Rule 144 notice from Demetrios James Bidzos, a director/officer, covering a proposed sale of up to 42,900 shares of common stock through Morgan Stanley Smith Barney LLC.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

VERISIGN INC/CA (VRSN) received a Rule 144 notice from Demetrios James Bidzos, a director/officer, covering a proposed sale of up to 42,900 shares of common stock through Morgan Stanley Smith Barney LLC. The shares have an indicated aggregate market value of $12,530,232.00 and are expected to be sold on or about September 8, 2026 on NASDAQ.

The shares to be sold were acquired upon the vesting of restricted stock units granted by Verisign during the period from August 1, 2007 through February 15, 2026. The notice also lists multiple prior Rule 10b5‑1 sales of 3,300 shares each between June 9, 2026 and September 1, 2026.

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Shares proposed for sale 42,900 shares of common stock Maximum number of Verisign shares covered by the Rule 144 notice
Aggregate market value of proposed sale $12,530,232.00 Value associated with the 42,900 Verisign common shares in the Rule 144 notice
Approximate date of sale September 8, 2026 Expected date for the Rule 144 sale of Verisign shares
RSU vesting period for shares August 1, 2007 through February 15, 2026 Period during which the RSUs that produced the 42,900 shares vested
Per-transaction size of recent 10b5-1 sales 3,300 shares each Share amount for each listed Rule 10b5‑1 sale between June 9, 2026 and September 1, 2026
Example recent 10b5-1 sale proceeds $938,169.35 Proceeds for a 3,300‑share Rule 10b5‑1 sale on June 9, 2026
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
restricted stock units financial
"The securities to be sold were acquired upon the vesting of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Rule 10b5-1 regulatory
"10b5-1 Sales for DEMETRIOS JAMES BIDZOS 12061 Bluemont Way"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
aggregate market value financial
"Common | Morgan Stanley Smith Barney LLC ... | 42900 | 12530232.00"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.

FAQ

What does the Form 144 filing disclose for VERISIGN INC/CA (VRSN)?

It discloses that Demetrios James Bidzos, a director/officer, filed a Rule 144 notice to sell up to 42,900 shares of Verisign common stock through Morgan Stanley Smith Barney LLC, with an indicated aggregate market value of $12,530,232.00 and an expected sale date of September 8, 2026.

How many VRSN shares is Demetrios James Bidzos planning to sell under this Form 144?

The notice covers a proposed sale of up to 42,900 shares of Verisign common stock. These shares are to be sold through Morgan Stanley Smith Barney LLC and are associated with an indicated aggregate market value of $12,530,232.00 as stated in the filing.

What is the source of the VRSN shares covered by this Form 144?

The shares were acquired upon the vesting of restricted stock units granted by Verisign during the period from August 1, 2007 through February 15, 2026. The Form 144 states that the 42,900 shares to be sold were obtained through these RSU vestings.

When are the VRSN shares expected to be sold and on which market?

The filing indicates an approximate date of sale of September 8, 2026, with the shares to be sold on NASDAQ. Morgan Stanley Smith Barney LLC is listed as the broker handling the proposed sale of the 42,900 Verisign common shares.

What prior Rule 10b5-1 sales of VRSN shares by Demetrios James Bidzos are listed?

The notice lists multiple Rule 10b5‑1 sales of 3,300 common shares each on dates including June 9, June 16, June 23, June 30, July 7, July 14, July 21, July 28, August 4, August 11, August 18, August 25, and September 1, 2026, each with specified dollar proceeds.

What is the aggregate market value attached to the planned VRSN share sale in this Form 144?

The Form 144 states an aggregate market value of $12,530,232.00 for the proposed sale of up to 42,900 Verisign common shares. This value appears in the securities information section associated with the planned Rule 144 transaction.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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