VeriSign (NASDAQ: VRSN) EVP gains 4,810 PSUs, 1,600.9664 shares withheld
Rhea-AI Filing Summary
VeriSign executive Danny R. McPherson, EVP - Technology & CSO, reported equity transactions in VeriSign common stock. On February 5, 2026, 4,810 performance-based restricted stock units (PSUs) granted in 2023 vested in full, resulting in the acquisition of 4,810 shares at $0 per share.
The acquired shares include 41.9664 shares credited as dividend equivalents under the 2023 PSU award agreement. To cover tax obligations from this vesting, 1,600.9664 shares were disposed of at $242.62 per share through share withholding. After these transactions, McPherson directly owned 41,783.6588 VeriSign common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,810 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,600.966 | $242.62 | $388K |
Footnotes (1)
- On February 13, 2023, Reporting Person was awarded performance-based restricted stock units (PSUs). On February 5, 2026, actual performance against goals was determined for the performance period of such award and the Reporting Person was awarded 4,810 PSUs. Each PSU represents a contingent right to receive one (1) share of VeriSign common stock once vested. The PSUs vested in full on February 5, 2026. Includes 41.9664 shares of common stock which were acquired on February 5, 2026 as a result of dividend equivalents paid pursuant to the terms of the 2023 PSU Award Agreement. 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.
FAQ
What insider transaction did VeriSign (VRSN) report for Danny R. McPherson?
What are the key terms of Danny R. McPherson’s 2023 VeriSign PSU award?