STOCK TITAN

Verisign (VRSN) EVP has 82 shares withheld to cover RSU taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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.

Positive

  • None.

Negative

  • None.
Insider McPherson Danny R
Role EVP - Technology & CSO
Type Security Shares Price Value
Tax Withholding Common Stock 82.218 $272.96 $22K
Holdings After Transaction: Common Stock — 34,450.021 shares (Direct, null)
Footnotes (1)
  1. 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. 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.
Shares withheld for taxes 82.218 shares Tax-withholding disposition on common stock
Withholding price per share $272.96/share Price used for tax payment via share withholding
Shares held after transaction 34,450.0214 shares Direct Verisign common stock holdings post-transaction
Dividend equivalent RSUs acquired 62.6610 units Dividend equivalent RSUs credited on May 27, 2026
Rule 16b-3 regulatory
"Disposition of shares exempt under Rule 16b-3 as payment of tax liability"
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
restricted stock units financial
"vesting of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
dividend equivalent restricted stock units financial
"Includes 62.6610 dividend equivalent restricted stock units acquired on May 27, 2026"
Equity Incentive Plan financial
"under the Company's Amended and Restated 2006 Equity Incentive Plan"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
McPherson Danny R

(Last)(First)(Middle)
12061 BLUEMONT WAY

(Street)
RESTON VIRGINIA 20190

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
VERISIGN INC/CA [ VRSN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP - Technology & CSO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/15/2026F(1)82.218D$272.9634,450.0214(2)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
2. 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.
Remarks:
Terence E. Kaden by Power of Attorney for Danny R. McPherson06/16/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Verisign (VRSN) executive Danny McPherson report on this Form 4?

Danny McPherson reported a small disposition of Verisign shares to cover taxes on vested restricted stock units. The company withheld shares instead of a cash payment, a routine, non-market transaction exempt under Rule 16b-3.

How many Verisign (VRSN) shares were withheld for Danny McPherson’s taxes?

Verisign withheld 82.218 shares of common stock from Danny McPherson to satisfy tax liabilities tied to RSU vesting. The withholding price was $272.96 per share, reflecting a standard equity-based tax-payment mechanism rather than an open-market sale.

Did Danny McPherson sell Verisign (VRSN) shares on the open market?

No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were delivered or withheld by Verisign to pay taxes due on restricted stock unit vesting, under Rule 16b-3, rather than sold to public investors.

How many Verisign (VRSN) shares does Danny McPherson hold after this transaction?

Following the tax-withholding transaction, Danny McPherson directly holds 34,450.0214 shares of Verisign common stock. This reflects his remaining equity position after 82.218 shares were withheld to cover RSU-related tax obligations.

What are the dividend equivalent RSUs mentioned in Danny McPherson’s Verisign (VRSN) filing?

The filing notes 62.6610 dividend equivalent restricted stock units acquired on May 27, 2026. These RSUs were credited in respect of previously granted restricted stock units under Verisign’s Amended and Restated 2006 Equity Incentive Plan.

Why is Danny McPherson’s Verisign (VRSN) transaction exempt under Rule 16b-3?

The disposition is exempt under Rule 16b-3 because it represents payment of tax liability by delivering or withholding securities in connection with RSU vesting. Such insider equity-based tax payments are treated differently from discretionary open-market trades.