VeriSign EVP gets 4,810 shares from PSU vesting
VeriSign executive reports vesting of performance stock units and related tax withholding.
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Rhea-AI Filing Summary
VeriSign executive reports vesting of performance stock units and related tax withholding. On February 5, 2026, EVP, General Counsel & Secretary Thomas C. Indelicarto acquired 4,810 shares of VeriSign common stock at $0 upon full vesting of previously granted performance-based restricted stock units from a 2023 award.
The total includes 41.9664 shares credited as dividend equivalents tied to that award. On the same date, 1,594.9664 shares were automatically surrendered at $242.62 per share to cover tax liabilities associated with the vesting. After these transactions, Indelicarto directly beneficially owned 42,189.0161 VeriSign common shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,810 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,594.9664 | $242.62 | $387K |
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 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.
- F2. 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.
- 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
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What did VeriSign (VRSN) executive Thomas Indelicarto report in this Form 4?
What are dividend equivalents mentioned in the VeriSign (VRSN) Form 4?
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