Verisign (VRSN) EVP sells 500 shares in Rule 10b5-1 stock transaction
Rhea-AI Filing Summary
Thomas C. Indelicarto, EVP, General Counsel & Secretary of Verisign, sold 500 shares of Common Stock on August 3, 2026 at $292.20 per share in an open-market or private transaction, under a Rule 10b5-1 trading plan. He now directly holds 35,051.0439 shares.
Positive
- None.
Negative
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Insider Trade Summary 10b5-1
Net Seller: 500 shares
Net Sell
1 txn
Insider
Indelicarto Thomas C
Role
EVP, Gen Counsel & Secretary
Sold
500 shs ($146K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 500 | $292.20 | $146K |
Holdings After Transaction:
Common Stock — 35,051.0439 shares (Direct)
Key Figures
Shares sold: 500.0000 shares
Sale price: $292.2000 per share
Shares held after transaction: 35051.0439 shares
+1 more
4 metrics
Shares sold
500.0000 shares
Common Stock sold by Thomas C. Indelicarto on August 3, 2026
Sale price
$292.2000 per share
Price for the 500-share sale of Verisign Common Stock
Shares held after transaction
35051.0439 shares
Direct ownership by Thomas C. Indelicarto following the sale
Net shares sold
500 shares
Net sell direction across all reported transactions in this report
Key Terms
Rule 10b5-1 trading plan, open-market or private transaction, Common Stock
3 terms
Rule 10b5-1 trading plan regulatory
"The transaction was conducted under a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open-market or private transaction financial
"categorized as a sale in an open-market or private transaction"
Common Stock financial
"sold 500 shares of Verisign Common Stock at $292.20 per share"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider sale did Verisign (VRSN) disclose for Thomas C. Indelicarto?
Verisign reported that Thomas C. Indelicarto sold 500 shares of its Common Stock on August 3, 2026. The shares were sold at $292.20 per share in an open-market or private transaction and were executed under a Rule 10b5-1 trading plan.
Was the Verisign (VRSN) insider sale made under a Rule 10b5-1 trading plan?
Yes. The report indicates the transaction was conducted under a Rule 10b5-1 trading plan. Such plans allow insiders to pre-arrange trades according to set instructions, which can reduce the informational significance of the specific trade timing for outside investors.
What role does the insider involved in this Verisign (VRSN) transaction hold?
The insider, Thomas C. Indelicarto, serves as Verisign’s Executive Vice President, General Counsel & Secretary. His August 3, 2026 transaction involved selling 500 shares of Verisign Common Stock while retaining a direct holding of 35,051.0439 shares afterward.