VeriSign (NASDAQ: VRSN) grants director 900 RSUs vesting immediately
Rhea-AI Filing Summary
COTE KATHLEEN A reported acquisition or exercise transactions in this Form 4 filing.
VeriSign Inc. director Kathleen A. Cote reported an equity compensation grant of 900 restricted stock units on July 20, 2026. Each RSU represents a contingent right to receive one share of common stock and vests 100% on the grant date, subject to applicable taxes, resulting in direct holdings of 29,125 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 900 | $0.00 | $0.00 |
Footnotes (1)
- F1. On July 20, 2026, Reporting Person was awarded restricted stock units (RSUs). Each RSU represents a contingent right to receive one (1) share of VeriSign, Inc. common stock once vested. The grant vests 100% on the date of grant, subject to applicable taxes upon delivery.
Key Figures
Key Terms
restricted stock units financial
contingent right financial
vests 100% financial
applicable taxes financial
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FAQ
What insider transaction did VeriSign (VRSN) director Kathleen A. Cote report?
Kathleen A. Cote reported an equity compensation grant of 900 restricted stock units (RSUs) linked to VeriSign common stock on July 20, 2026. The award is reported as an acquisition of non-derivative common stock under a stock-based compensation arrangement.
When do Kathleen Cote’s VeriSign (VRSN) RSUs vest?
The RSU grant to Kathleen Cote vests 100% on the date of grant, July 20, 2026. Although vesting is immediate, delivery of the underlying VeriSign common shares is subject to applicable taxes upon delivery, as described in the award terms.
What does each RSU granted to Kathleen Cote by VeriSign (VRSN) represent?
Each RSU granted to Kathleen Cote represents a contingent right to receive one (1) share of VeriSign common stock once vested. The filing notes that the grant vests 100% on the grant date, with delivery of shares subject to applicable taxes.
Was Kathleen Cote’s VeriSign (VRSN) RSU grant a market purchase or a compensation award?
The transaction is coded as A, described as a grant, award, or other acquisition, with a per-share price of $0.0000. This indicates a stock-based compensation award, not a market purchase on an exchange.