STOCK TITAN

Verisign (NASDAQ: VRSN) officer uses stock to cover tax bill

(Moderate)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

For VeriSign, Inc. (VRSN), executive officer Danny R. McPherson reported three Form 4 transactions on August 15, 2026. In total, 726.9968 shares of common stock were disposed of at $284.24 per share to satisfy tax liabilities by delivering or withholding shares, in connection with the vesting of restricted stock units and exempt under Rule 16b-3. A related footnote states that his total direct holdings include 44 shares acquired on July 31, 2026 under the Amended and Restated 2007 Employee Stock Purchase Plan.

Positive

  • None.

Negative

  • None.
Insider McPherson Danny R
Role EVP - Technology & CSO
Type Security Shares Price Value
Tax Withholding Common Stock F1, F2 214.0739 $284.24 $61K
Tax Withholding Common Stock F1 255.4313 $284.24 $73K
Tax Withholding Common Stock F1 257.4916 $284.24 $73K
Holdings After Transaction: Common Stock — 33,767.0246 shares (Direct)
Footnotes (2)
  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.
  2. F2. Reporting Person's total direct holdings disclosed in Table I, Item 5 under Amount of Securities Beneficially Owned Following Reported Transaction(s) includes 44 shares acquired July 31, 2026 under the Amended and Restated 2007 Employee Stock Purchase Plan.
Tax-withholding shares (total) 726.9968 shares Total shares delivered or withheld to pay tax liabilities on 2026-08-15
Tax-withholding share block 1 214.0739 shares First Form 4 transaction on 2026-08-15, code F
Tax-withholding share block 2 255.4313 shares Second Form 4 transaction on 2026-08-15, code F
Tax-withholding share block 3 257.4916 shares Third Form 4 transaction on 2026-08-15, code F
Per-share value for tax withholding $284.2400 per share Valuation used for all three tax-liability transactions
ESPP shares included in holdings 44 shares Shares acquired July 31, 2026 under Amended and Restated 2007 Employee Stock Purchase Plan
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
"withholding securities 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.
Amended and Restated 2007 Employee Stock Purchase Plan financial
"44 shares acquired July 31, 2026 under the Amended and Restated 2007 Employee Stock Purchase Plan"
tax liability financial
"payment of tax liability to Company by delivery or withholding securities"

FAQ

What insider transactions did VRSN executive Danny R. McPherson report on August 15, 2026?

Danny R. McPherson reported three transactions disposing of a total of 726.9968 VeriSign (VRSN) shares of common stock. The shares were used to pay tax liabilities via share delivery or withholding, tied to the vesting of restricted stock units.

At what price were the VRSN shares used for Danny McPherson’s tax withholding?

The VeriSign (VRSN) shares were valued at $284.24 per share for the reported tax-withholding transactions. This per-share value applied to all three dispositions used to satisfy McPherson’s tax obligations on vesting restricted stock units.

How many VeriSign (VRSN) shares were involved in Danny McPherson’s Form 4 tax-withholding transactions?

The Form 4 shows a total of 726.9968 VRSN shares disposed of across three entries: 214.0739, 255.4313, and 257.4916 shares. All were reported under transaction code F as share deliveries or withholdings for tax liabilities.

Were Danny McPherson’s VRSN Form 4 transactions ordinary sales on the open market?

No. The VeriSign (VRSN) transactions were coded F, meaning shares were delivered or withheld to pay tax liability. A footnote states they were exempt under Rule 16b-3 and occurred incident to restricted stock unit vesting, not open-market trading.

Did Danny McPherson acquire additional VeriSign (VRSN) shares mentioned in this Form 4?

Yes. A footnote notes his total direct holdings include 44 VRSN shares acquired on July 31, 2026 under the Amended and Restated 2007 Employee Stock Purchase Plan. The filing does not restate his full post-transaction share balance in the structured data.

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*
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)
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$284.2434,279.9475(2)D
Common Stock08/15/2026F(1)255.4313D$284.2434,024.5162D
Common Stock08/15/2026F(1)257.4916D$284.2433,767.0246D
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. Reporting Person's total direct holdings disclosed in Table I, Item 5 under Amount of Securities Beneficially Owned Following Reported Transaction(s) includes 44 shares acquired July 31, 2026 under the Amended and Restated 2007 Employee Stock Purchase Plan.
Remarks:
Terence E. Kaden by Power of Attorney for Danny R. McPherson08/18/2026
** 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)