Warren Buffett-Led Berkshire Trims VeriSign Position by $1.2B

Rhea-AI Filing Summary

Insider activity: Berkshire Hathaway Inc., classified as a 10% owner of VeriSign (VRSN), reported a sale of 4,300,000 common shares on 30 Jul 2025 at $282.15 per share (SEC Form 4).

• Post-transaction holdings: 8,989,880 shares remain indirectly owned.
• Main holder: Government Employees Insurance Company (8,016,933 shares); Berkshire pension plans collectively hold 972,947 shares.
• Warren E. Buffett signed on behalf of all filers and disclaims beneficial ownership beyond his pecuniary interest.

Berkshire has reduced but not exited its position and continues to exceed the 10% ownership threshold, yet the sizable disposal may be viewed as a negative signal for short-term sentiment.

Positive

• Berkshire still owns 8.99 M VeriSign shares, maintaining >10% strategic stake

Negative

• Sale of 4.3 M shares by major insider reduces stake and can pressure share price

Insights

Equity Analyst

TL;DR: Large 10%-owner sale; bearish short-term signal.

The 4.3 M-share disposal equals roughly one-third of Berkshire’s previously reported stake and injects nearly $1.2 B of stock into the market at $282.15. While Berkshire still holds 8.99 M shares, trimming a long-held position often precedes further distribution or strategic redeployment of capital. Investors may interpret the move as reduced conviction in VRSN’s upside and should monitor follow-on filings for continued selling pressure.

Corporate Governance Specialist

TL;DR: Control remains, but insider alignment weakens.

Berkshire retains >10% ownership, preserving its influential voting power. However, the sale weakens alignment between controlling insiders and minority shareholders. The filing’s detailed footnotes confirm complex indirect ownership structures, yet no new 10b5-1 plan was cited, suggesting the trade was discretionary. Governance watchers may treat continued reductions as a shift in Berkshire’s long-term stewardship stance toward VeriSign.

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

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X

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^*

BERKSHIRE HATHAWAY INC

(Last) (First) (Middle)

3555 FARNAM STREET

(Street)

OMAHA NE 68131

(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	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
07/30/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	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	07/30/2025		S		4,300,000	D	$282.15	8,989,880	I	See footnotes(1)(2)

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

1. Name and Address of Reporting Person^*

BERKSHIRE HATHAWAY INC

(Last) (First) (Middle)

3555 FARNAM STREET

(Street)

OMAHA NE 68131

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

BUFFETT WARREN E

(Last) (First) (Middle)

3555 FARNAM STREET

(Street)

OMAHA NE 68131

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

Explanation of Responses:

1. 8,016,933 of the total reported securities are owned as of July 30, 2025 by the following subsidiary of Berkshire Hathaway Inc. ("Berkshire"): Government Employees Insurance Company (8,016,933). As Berkshire is in the chain of ownership of the subsidiary, it may be deemed presently to both beneficially own and have a pecuniary interest in all shares presently directly owned by the subsidiary. Warren E. Buffett, as the controlling stockholder of Berkshire, may be deemed presently to beneficially own, but only to the extent he has a pecuniary interest in, the shares presently owned by the subsidiary. Mr. Buffett disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.

2. 972,947 of the total reported securities are owned as of July 30, 2025 by the following pension plans of Berkshire's subsidiaries: Precision CastParts Corp Master Trust (362,815), Scott Fetzer Collective Investment Trust (95,100) and BNSF Master Retirement Trust (515,032). Each of Berkshire, Mr. Buffett and these pension plans disclaims beneficial ownership in such shares.

	/s/ Warren E. Buffett, on behalf of himself and each other reporting person hereunder	08/01/2025
	** Signature of Reporting Person	Date
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FAQ

How many VeriSign shares did Berkshire Hathaway sell?

4,300,000 common shares were sold on 30 Jul 2025.

At what price were the shares sold?

The shares were disposed of at $282.15 each.

How many VeriSign shares does Berkshire still own after the sale?

Berkshire now indirectly holds 8,989,880 shares.

Does Berkshire remain a 10% owner of VeriSign?

Yes. Despite the sale, Berkshire’s holdings keep it above the 10% ownership threshold.

Who signed the Form 4 filing?

The filing was signed by Warren E. Buffett on behalf of all reporting persons.