STOCK TITAN

Verisign (NASDAQ: VRSN) CEO uses stock at $284.24 to pay taxes

(Moderate)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

VERISIGN INC/CA (VRSN) reported that Exec. Chairman, President & CEO D. James Bidzos had three Form 4 transactions on common stock dated 2026-08-15. A total of 1,650.3675 shares were disposed of at $284.24 per share as payment of tax liability by delivering or withholding shares upon vesting of restricted stock units, in transactions the company identifies as exempt under Rule 16b-3.

Positive

  • None.

Negative

  • None.
Insider BIDZOS D JAMES
Role Exec. Chairman, Pres, & CEO
Type Security Shares Price Value
Tax Withholding Common Stock F1 468.7073 $284.24 $133K
Tax Withholding Common Stock F1 597.594 $284.24 $170K
Tax Withholding Common Stock F1 584.0662 $284.24 $166K
Holdings After Transaction: Common Stock — 404,688.6626 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) 468.7073 shares Code F tax-withholding disposition of Verisign common stock on 2026-08-15
Shares disposed (transaction 2) 597.5940 shares Code F tax-withholding disposition of Verisign common stock on 2026-08-15
Shares disposed (transaction 3) 584.0662 shares Code F tax-withholding disposition of Verisign common stock on 2026-08-15
Total shares for tax liability 1650.3675 shares Aggregate shares delivered or withheld across three code F transactions
Price per share $284.24 Per-share value used for all three tax-withholding dispositions
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.
withholding securities financial
"payment of tax liability to Company by delivery or withholding securities"

FAQ

What insider transaction did VRSN report for D. James Bidzos on this Form 4?

VERISIGN INC/CA reported that D. James Bidzos disposed of 1,650.3675 common shares of VRSN on 2026-08-15. The transactions were coded “F” and reflect shares delivered or withheld to cover tax liabilities related to restricted stock unit vesting.

How many VRSN shares were involved in each Form 4 transaction for D. James Bidzos?

Three separate dispositions occurred: 468.7073 shares, 597.5940 shares, and 584.0662 shares of Verisign common stock. All were reported as code F transactions, tied to tax withholding associated with the vesting of restricted stock units granted to the executive.

What price per share was used for the VRSN insider tax-withholding transactions?

Each of the reported dispositions used a price of $284.24 per share for Verisign common stock. This price applies across all three code F transactions, which were recorded as payments of tax liability by delivering or withholding shares upon restricted stock unit vesting.

How does Rule 16b-3 apply to the VRSN Form 4 transactions for D. James Bidzos?

Footnote F1 states the dispositions are exempt under Rule 16b-3. This rule provides exemptions for certain insider transactions with the issuer, including using shares to satisfy tax obligations from equity awards like restricted stock units, rather than indicating discretionary open-market trading activity.

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*
BIDZOS D JAMES

(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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Exec. Chairman, Pres, & CEO
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)468.7073D$284.24405,870.3228D
Common Stock08/15/2026F(1)597.594D$284.24405,272.7288D
Common Stock08/15/2026F(1)584.0662D$284.24404,688.6626D
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 D. James Bidzos08/18/2026
** 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)