VRSN Form 4: D. James Bidzos Disposes of 9,000 Shares Aug 12-14, 2025
Rhea-AI Filing Summary
D. James Bidzos, who is listed as Exec. Chairman, President and CEO of VeriSign, reported sales of common stock on August 12-14, 2025 under a written plan intended to meet Rule 10b5-1 conditions. The Form 4 shows a sequence of market sales totaling 9,000 shares, with reported weighted-average prices for each trade line ranging from about $262.80 to $267.43. After the reported transactions, the filing shows 504,771.6215 shares beneficially owned by the reporting person. The filing includes explanations that each line reflects weighted-average prices and that full per-price breakdowns will be provided to the SEC upon request.
Positive
- Transactions disclosed under a 10b5-1 plan, indicating pre-arranged trading and compliance with Rule 10b5-1
- Clear, detailed Form 4 disclosure including weighted-average prices and post-transaction beneficial ownership
Negative
- Insider sold 9,000 shares over three days (Aug 12-14, 2025), which is material information for shareholders to monitor
- Per-share price breakdowns not provided on the form; the filer states ranges and offers to provide full per-price details to the SEC only upon request
Insights
TL;DR: Insider sold shares under a 10b5-1 plan, indicating planned, pre-arranged liquidity rather than opportunistic trading.
The Form 4 identifies D. James Bidzos as Exec. Chairman, President and CEO and reports market disposals over three days under a plan box-checked for Rule 10b5-1. The filing documents 10 separate sale lines with weighted-average prices and discloses total post-transaction beneficial ownership. From a governance perspective, the existence of a 10b5-1 plan and timely disclosure are compliance-positive: they reduce concerns about trading on nonpublic information and increase transparency. The filing is conventional in format and includes the standard explanatory language about weighted-average pricing and willingness to provide per-price detail to the SEC.
TL;DR: Executive sold 9,000 VeriSign shares over Aug 12-14, 2025; transactions were disclosed clearly but represent a material disclosure for shareholders to note.
The transaction lines total 9,000 shares disposed across multiple price ranges with weighted-average prices reported per line. Post-sale beneficial ownership is reported as 504,771.6215 shares. While the Form 4 does not state reasons beyond the 10b5-1 plan checkbox, the precise volumetric and pricing disclosure enables investors to quantify insider activity. No derivative transactions or other changes were reported. The record appears complete and compliant for Section 16 reporting.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,100 | $266.1509 | $293K |
| Sale | Common Stock | 900 | $266.8778 | $240K |
| Sale | Common Stock | 200 | $263.765 | $53K |
| Sale | Common Stock | 400 | $265.165 | $106K |
| Sale | Common Stock | 700 | $266.96 | $187K |
| Sale | Common Stock | 700 | $267.4286 | $187K |
| Sale | Common Stock | 2,100 | $262.8028 | $552K |
| Sale | Common Stock | 300 | $263.6288 | $79K |
| Sale | Common Stock | 1,200 | $264.6442 | $318K |
| Sale | Common Stock | 1,400 | $265.8479 | $372K |
Footnotes (1)
- The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $262.29 to $263.28, inclusive. The reporting person undertakes to provide to the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range. The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $263.34 to $263.81, inclusive. The reporting person undertakes to provide to the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range. The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $264.50 to $265.46, inclusive. The reporting person undertakes to provide to the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range. The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $265.50 to $266.17, inclusive. The reporting person undertakes to provide to the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range. The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $263.48 to $264.05, inclusive. The reporting person undertakes to provide to the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range. The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $264.84 to $265.68, inclusive. The reporting person undertakes to provide to the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range. The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $266.33 to $267.21, inclusive. The reporting person undertakes to provide to the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range. The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $267.33 to $267.61, inclusive. The reporting person undertakes to provide to the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range. The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $265.68 to $266.67, inclusive. The reporting person undertakes to provide to the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range. The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $266.69 to $267.16, inclusive. The reporting person undertakes to provide to the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.