VRSN insider files Form 4 for RSU tax withholding transaction
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Verisign (VRSN) executive Danny R. McPherson reported a Form 4 transaction on 10/15/2025. The filing shows a disposition of 26.3361 shares of common stock coded “F,” reflecting shares withheld to cover taxes upon vesting of restricted stock units under Rule 16b-3 at a price of $265.74 per share.
Following this tax withholding, McPherson beneficially owned 31,076.8378 shares, reported as directly owned. The total includes 53.8751 dividend equivalent RSUs credited on August 27, 2025 under the company’s equity plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
McPherson Danny R
Role
EVP - Technology & CSO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 26.336 | $265.74 | $7K |
Holdings After Transaction:
Common Stock — 31,076.838 shares (Direct)
Footnotes (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 stockunits. Includes 53.8751 dividend equivalent restricted stock units acquired on August 27, 2025, in respect of previously granted restricted stock units under the Company's Amended and Restated 2006 Equity Incentive Plan.
FAQ
What did Verisign (VRSN) disclose in this Form 4?
An officer reported a tax withholding transaction (code F) of 26.3361 common shares tied to RSU vesting on 10/15/2025 at $265.74.
Who is the reporting person and role at VRSN?
The reporting person is Danny R. McPherson, Verisign’s EVP - Technology & CSO.
What does transaction code 'F' indicate here?
Code F indicates shares were withheld for taxes upon RSU vesting, exempt under Rule 16b-3.
Were dividend equivalent RSUs included in the total?
Yes. The amount includes 53.8751 dividend equivalent RSUs credited on August 27, 2025 under the equity plan.
What security was involved in the transaction?
The transaction involved Verisign common stock.