Verisign EVP shares withheld for RSU tax payment
Verisign EVP – Technology & CSO Danny R. McPherson reported a small, non-market share disposition related to taxes on vested restricted stock units.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Verisign EVP – Technology & CSO Danny R. McPherson reported a small, non-market share disposition related to taxes on vested restricted stock units. On this Form 4, 82.218 shares of common stock were withheld by the company at $272.96 per share to pay tax liabilities, a transaction exempt under Rule 16b-3.
After this tax-withholding event, McPherson directly holds 34,450.0214 shares of Verisign common stock. A footnote also notes 62.6610 dividend equivalent restricted stock units acquired on May 27, 2026 in connection with earlier RSU grants.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 82.218 | $272.96 | $22K |
Footnotes (2)
- 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.
- F2. Includes 62.6610 dividend equivalent restricted stock units acquired on May 27, 2026, in respect of previously granted restricted stock units under the Company's Amended and Restated 2006 Equity Incentive Plan.
Key Figures
Key Terms
Rule 16b-3 regulatory
restricted stock units financial
dividend equivalent restricted stock units financial
Equity Incentive Plan financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Verisign (VRSN) executive Danny McPherson report on this Form 4?
What are the dividend equivalent RSUs mentioned in Danny McPherson’s Verisign (VRSN) filing?
Why is Danny McPherson’s Verisign (VRSN) transaction exempt under Rule 16b-3?
AI-generated analysis. How Rhea-AI works. Not financial advice.