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VRSN Insider Report: EVP Indelicarto Withholds RSUs to Cover Taxes

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

Rhea-AI Filing Summary

Thomas C. Indelicarto, Executive Vice President, General Counsel & Secretary of VeriSign, reported insider transactions on Form 4 showing three dispositions on 08/15/2025. The filings disclose the delivery/withholding of shares to satisfy tax liabilities arising from restricted stock unit vesting (exempt under Rule 16b-3). The three dispositions were 158.0042, 212.3447, and 252.5993 shares at an indicated price of $269.89 per share. Following each reported disposition the beneficial ownership totals were reported as 36,608.8051, 36,396.4604, and 36,143.8611 shares respectively. The form is signed and dated 08/18/2025.

Positive

  • Timely and complete Section 16 reporting of insider transactions, including signature and transaction dates
  • Dispositions are exempt under Rule 16b-3 and described as tax-withholding on RSU vesting, a routine administrative action
  • Specific share counts and post-transaction beneficial ownership totals are provided for transparency

Negative

  • None.

Insights

TL;DR: Routine tax-withholding dispositions from RSU vesting; immaterial to company financials or control.

The reported transactions are customary dispositions where restricted stock units were settled by delivery or withholding to cover tax obligations. Quantities are small relative to institutional holdings and are reported at a referenced market price of $269.89. There is no indication of open-market sales or any change in compensation arrangements in this filing. For investors, these are administrative ownership adjustments rather than signals about business performance.

TL;DR: Proper and timely Section 16 reporting of RSU withholding; supports compliance and transparency.

The Form 4 discloses Rule 16b-3 exempt dispositions tied to vesting-related tax payments, a common practice for executives. The filing names the reporting person, relationship (EVP, General Counsel & Secretary), specific share counts, and transaction date, and is signed. This demonstrates procedural compliance with insider reporting obligations and provides transparency on the officer's beneficial ownership changes.

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*
Indelicarto Thomas C

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP, Gen Counsel & Secretary
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) 158.0042 D $269.89 36,608.8051 D
Common Stock 08/15/2025 F(1) 212.3447 D $269.89 36,396.4604 D
Common Stock 08/15/2025 F(1) 252.5993 D $269.89 36,143.8611 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 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 did VeriSign insider Thomas Indelicarto report on Form 4 (VRSN)?

He reported three dispositions on 08/15/2025 associated with tax withholding for vested restricted stock units: 158.0042, 212.3447, and 252.5993 shares.

Why were the shares disposed according to the Form 4 for VRSN?

The filing explains the transactions were exempt under Rule 16b-3 and consisted of delivery or withholding of securities to pay tax liabilities from RSU vesting.

What price is shown on the Form 4 for these VRSN transactions?

The indicated price on the form for the reported dispositions is $269.89 per share.

How did the dispositions affect Indelicarto's beneficial ownership of VRSN?

Post-transaction beneficial ownership totals reported were 36,608.8051, 36,396.4604, and 36,143.8611 shares following each respective disposition.

When was the Form 4 signed for the VRSN insider filing?

The Form 4 is signed and dated 08/18/2025 by Thomas C. Indelicarto.
Verisign

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VRSN Stock Data

23.42B
83.03M
10.4%
81.89%
1.97%
Software - Infrastructure
Services-computer Programming Services
Link
United States
RESTON