VeriSign CEO reports RSU tax-withholding share dispositions on Form 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
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Negative
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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.