STOCK TITAN

Verisign (NASDAQ: VRSN) counsel withholds 707 shares for RSU taxes

(Moderate)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

VERISIGN INC/CA (VRSN) reported that executive officer Thomas C. Indelicarto, EVP, General Counsel & Secretary, disposed of common stock in three transactions on 2026-08-15 coded F. The footnoted transactions reflect shares delivered or withheld to the company to pay tax liability upon vesting of restricted stock units under Rule 16b-3.

Positive

  • None.

Negative

  • None.
Insider Indelicarto Thomas C
Role EVP, Gen Counsel & Secretary
Type Security Shares Price Value
Tax Withholding Common Stock F1 214.0739 $284.24 $61K
Tax Withholding Common Stock F1 255.4313 $284.24 $73K
Tax Withholding Common Stock F1 237.8583 $284.24 $68K
Holdings After Transaction: Common Stock — 33,843.6804 shares (Direct)
Footnotes (1)
  1. 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.
Shares disposed (transaction 1) 214.0739 shares Code F disposition of Verisign common stock on 2026-08-15 at $284.2400 per share
Shares disposed (transaction 2) 255.4313 shares Code F disposition of Verisign common stock on 2026-08-15 at $284.2400 per share
Shares disposed (transaction 3) 237.8583 shares Code F disposition of Verisign common stock on 2026-08-15 at $284.2400 per share
Aggregate code F shares 707.3635 shares Total shares delivered or withheld for payment of exercise price or tax liability
Transaction price per share $284.2400 per share Price applied to each Verisign common stock code F disposition on 2026-08-15
Exercise price or tax liability transactions 3 transactions All three reported non-derivative transactions are coded F for tax or exercise-price payment
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
"incident to 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.
tax liability financial
"payment of tax liability to Company by delivery or withholding securities"
code F financial
"transactions coded F described as Payment of tax liability"

FAQ

What did Verisign (VRSN) executive Thomas C. Indelicarto report in this Form 4?

Thomas C. Indelicarto reported three code F dispositions of Verisign common stock on 2026-08-15. According to the footnote, the shares were delivered or withheld by the company to satisfy tax liability related to the vesting of restricted stock units under Rule 16b-3.

At what price were the Verisign (VRSN) shares valued in Thomas Indelicarto’s Form 4 transactions?

Each of the three reported transactions used a value of $284.2400 per share for Verisign common stock. These transactions are coded F and, per the footnote, represent shares delivered or withheld to pay tax liability tied to restricted stock unit vesting.

Were Thomas Indelicarto’s Verisign (VRSN) transactions made under a Rule 10b5-1 trading plan?

The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed for these transactions. The footnote explains the dispositions were exempt under Rule 16b-3 and occurred as payment of tax liability incident to vesting of restricted stock units, rather than under a trading plan.

What is the nature of the Form 4 code F transactions for Verisign (VRSN)?

Each transaction is coded F, described as payment of tax liability by delivering or withholding securities. The footnote clarifies the company used Verisign shares to satisfy tax obligations arising when the reporting person’s restricted stock units vested, under Rule 16b-3 exemption.

Does the Form 4 state Thomas Indelicarto’s remaining Verisign (VRSN) holdings after these transactions?

The non-derivative transaction rows for these code F dispositions do not report a total shares following transaction figure. The filing focuses on tax-withholding dispositions tied to restricted stock unit vesting and provides no separate holdings entry in the summarized data here.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
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*
Indelicarto Thomas C

(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, Gen Counsel & Secretary
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/15/2026
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 Stock08/15/2026F(1)214.0739D$284.2434,336.97D
Common Stock08/15/2026F(1)255.4313D$284.2434,081.5387D
Common Stock08/15/2026F(1)237.8583D$284.2433,843.6804D
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.
Remarks:
Terence E. Kaden by Power of Attorney for Thomas C. Indelicarto08/18/2026
** 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)