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VeriSign CEO reports RSU tax-withholding share dispositions on Form 4

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

D. James Bidzos, Executive Chairman, President & CEO of VeriSign Inc. (VRSN), reported three dispositions of common stock on 08/15/2025 at a price of $269.89 per share. The reported disposals were 415.0126, 462.3588, and 590.2857 shares, with the beneficial ownership reported after each transaction as 504,356.6089, 503,894.2501, and 503,303.9644 shares respectively. The form states these dispositions were made as payment of tax liability by delivery or withholding of securities incident to restricted stock unit vesting, an exemption under Rule 16b-3.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: Routine tax-withholding share dispositions by a senior insider; not a strategic sale signal.

The transactions are explicitly described as withholding or delivery of shares to satisfy tax obligations arising from restricted stock unit vesting, which is a common, nondiscretionary insider action exempt under Rule 16b-3. The sizes—hundreds of shares at market price—are small relative to the reported post-transaction holdings and do not indicate an active open-market sell program. For governance review, this is a routine compensation-tax compliance disclosure rather than a material change in ownership.

TL;DR: Insider dispositions reflect tax settlement of equity awards; no direct earnings or operational implications disclosed.

The form shows three disposals at $269.89 per share on 08/15/2025, each linked to RSU vesting and tax withholding. The incremental decreases in beneficial ownership are modest (hundreds of shares) against reported holdings above 500,000 shares. There is no indication of a voluntary sale for liquidity or portfolio rebalancing, and no new derivative or open-market sale arrangements are reported. Impact to investor valuation or control is immaterial based on the provided figures.

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*
BIDZOS D JAMES

(Last) (First) (Middle)
12061 BLUEMONT WAY

(Street)
RESTON VA 20190

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
VERISIGN INC/CA [ VRSN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Exec. Chairman, Pres, & CEO
3. Date of Earliest Transaction (Month/Day/Year)
08/15/2025
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
Common Stock 08/15/2025 F(1) 415.0126 D $269.89 504,356.6089 D
Common Stock 08/15/2025 F(1) 462.3588 D $269.89 503,894.2501 D
Common Stock 08/15/2025 F(1) 590.2857 D $269.89 503,303.9644 D
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
Explanation of Responses:
1. Disposition of shares exempt under Rule 16b-3 as payment of tax liability to Company by delivery or withholding securities incident to vesting of restricted stock units.
Remarks:
Thomas C. Indelicarto by Power of Attorney for D. James Bidzos 08/18/2025
** 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

What transactions did VRSN insider D. James Bidzos report on Form 4?

The Form 4 reports three dispositions of common stock on 08/15/2025 of 415.0126, 462.3588, and 590.2857 shares at $269.89 per share.

Why were the shares disposed by the reporting person on the Form 4?

The filing states the dispositions were made as payment of tax liability by delivery or withholding of securities incident to restricted stock unit vesting, exempt under Rule 16b-3.

How many shares did Bidzos beneficially own after the reported transactions?

Beneficial ownership after the transactions is reported as 504,356.6089, 503,894.2501, and 503,303.9644 shares respectively.

Was this Form 4 filing part of a Rule 10b5-1 plan or an open-market sale?

The document does not indicate these transactions were made pursuant to a Rule 10b5-1 plan; it states they were tax-withholding dispositions related to RSU vesting.

Do the reported dispositions indicate a material change in insider ownership of VRSN?

Based on the reported amounts—hundreds of shares—and post-transaction holdings above 500,000 shares, the filing presents no material change in ownership according to the disclosed figures.
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VRSN Stock Data

23.42B
83.03M
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1.97%
Software - Infrastructure
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United States
RESTON