Verisign (NASDAQ: VRSN) EVP covers tax bill with share dispositions
Rhea-AI Filing Summary
Verisign executive Danny R. McPherson reported several routine tax-withholding share transactions involving the company’s common stock. On February 15, 2026, he disposed of a total of 1,648.6712 shares at $219.03 per share as payment of tax liabilities tied to vesting restricted stock units, with shares delivered or withheld by the company under Rule 16b-3.
After these non-open-market dispositions, he directly beneficially owns 40,134.9876 Verisign common shares.
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Insider Trade Summary
Net Seller: 1,648.6712 shares
Net Sell
4 txns
Insider
McPherson Danny R
Role
EVP - Technology & CSO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 159.0624 | $219.03 | $35K |
| Exercise Price or Tax Liability | Common Stock | 213.1007 | $219.03 | $47K |
| Exercise Price or Tax Liability | Common Stock | 253.8772 | $219.03 | $56K |
| Exercise Price or Tax Liability | Common Stock | 1,022.6309 | $219.03 | $224K |
Holdings After Transaction:
Common Stock — 40,134.9876 shares (Direct)
Footnotes (1)
- F1. 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?
Verisign reported that EVP Technology & CSO Danny R. McPherson disposed of shares to cover tax liabilities. The transactions were routine tax-withholding dispositions related to the vesting of restricted stock units, not open-market stock sales.
Were Danny McPherson’s Verisign (VRSN) transactions open-market stock sales?
No, the transactions were not open-market sales. The Form 4 states they were dispositions exempt under Rule 16b-3, made as payment of tax liabilities by delivering or withholding shares upon vesting of restricted stock units.
What role does Danny R. McPherson hold at Verisign (VRSN)?
Danny R. McPherson serves as Verisign’s Executive Vice President – Technology & Chief Security Officer. His Form 4 filing reflects equity-based compensation activity, specifically tax withholding tied to vesting of restricted stock units in Verisign common stock.
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