VeriSign (VRSN) director gets 900 RSUs vesting immediately via family trust
Rhea-AI Filing Summary
Armstrong Courtney D reported acquisition or exercise transactions in this Form 4 filing.
VeriSign director Courtney D. Armstrong reported an award linked to 900.0000 shares on July 20, 2026. The award consists of restricted stock units, each giving a contingent right to receive one share and vesting 100% on the grant date. The shares are held indirectly by The Armstrong Family Trust, with reported indirect holdings rising to 6,117.278 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 900 shares
Net Buy
1 txn
Insider
Armstrong Courtney D
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 900 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 6,117.278 shares (Indirect, by The Armstrong Family Trust)
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
RSU-related shares awarded: 900.0000 shares
Transaction price per share: $0.0000
Indirect holdings after award: 6,117.278 shares
+1 more
4 metrics
RSU-related shares awarded
900.0000 shares
Restricted stock unit award reported on July 20, 2026
Transaction price per share
$0.0000
Reported per-share price for the RSU-related common stock acquisition
Indirect holdings after award
6,117.278 shares
Total VeriSign common shares indirectly held after the transaction
Transaction date
July 20, 2026
Date of the restricted stock unit award reported by the director
Key Terms
restricted stock units (RSUs), contingent right to receive, applicable taxes upon delivery, The Armstrong Family Trust
4 terms
restricted stock units (RSUs) financial
"Reporting Person was awarded restricted stock units (RSUs). Each RSU represents"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
contingent right to receive financial
"Each RSU represents a contingent right to receive one (1) share"
applicable taxes upon delivery financial
"grant vests 100% on the date of grant, subject to applicable taxes upon delivery"
The Armstrong Family Trust financial
"nature_of_ownership: by The Armstrong Family Trust"
FAQ
What insider transaction did VeriSign (VRSN) director Courtney D. Armstrong report?
Director Courtney D. Armstrong reported an award tied to 900.0000 shares of VeriSign common stock. The award is in the form of restricted stock units that vest 100% on the grant date, representing equity-based compensation rather than an open-market purchase.
What are the terms of the 900 RSUs reported by VeriSign (VRSN) director Armstrong?
Armstrong was awarded restricted stock units (RSUs) where each RSU is a contingent right to receive one share. The grant vests 100% on the date of grant, with delivery of shares subject to applicable taxes when they are delivered.
Was Courtney D. Armstrong’s VeriSign (VRSN) equity award made under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked as affirmative. This indicates the reported RSU-related acquisition was not designated in the form as being executed under a Rule 10b5-1 trading plan.
How is Courtney D. Armstrong’s VeriSign (VRSN) ownership characterized in the Form 4?
The reported ownership is classified as indirect, with the shares held "by The Armstrong Family Trust." This means the trust, rather than Armstrong personally, is listed as holding the VeriSign common stock associated with this award.
AI-generated analysis. How Rhea-AI works. Not financial advice.