VeriSign (VRSN) CEO Bidzos nets PSU vesting, withholds 6,558 shares for taxes
Rhea-AI Filing Summary
VeriSign executive chairman, president and CEO D. James Bidzos reported equity compensation activity involving VeriSign common stock. On February 5, 2026, he was awarded 18,039 performance-based restricted stock units (PSUs) at a price of $0 per share after performance for a 2023 grant was determined. Each PSU converts into one share, and the PSUs vested in full on that date, including 157.3870 shares credited as dividend equivalents.
Also on February 5, 2026, 6,558.387 shares of common stock were disposed of at $242.62 per share to cover tax liabilities associated with the vesting, in a transaction exempt under Rule 16b-3. After these transactions, Bidzos directly owned 447,726.1378 shares of VeriSign common stock.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 18,039 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 6,558.387 | $242.62 | $1.59M |
Footnotes (3)
- F1. 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 18,039 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.
- F2. Includes 157.3870 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.
- F3. 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 activity did VeriSign (VRSN) CEO D. James Bidzos report?
What are performance-based restricted stock units (PSUs) in the VeriSign (VRSN) Form 4?
How were dividend equivalents treated in the VeriSign (VRSN) PSU award?
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