VeriSign (VRSN) EVP, General Counsel Indelicarto receives 8,817 RSU stock grant
Rhea-AI Filing Summary
VeriSign, Inc. executive Thomas C. Indelicarto, EVP, General Counsel & Secretary, reported an equity award in company stock. On February 3, 2026, he was granted 8,817 restricted stock units (RSUs), each representing one share of VeriSign common stock when vested, at a grant price of $0 per unit.
The RSU grant vests 25% on February 15, 2027 and then 6.25% each quarter for the following twelve quarters, contingent on continued service and subject to applicable taxes at delivery. After this award, Indelicarto beneficially owns 38,932.0161 shares of VeriSign common stock in direct ownership.
Positive
- None.
Negative
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Insider Trade Summary
Net Buyer: 8,817 shares
Net Buy
1 txn
Insider
Indelicarto Thomas C
Role
EVP, Gen Counsel & Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 8,817 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 38,932.0161 shares (Direct)
Footnotes (1)
- F1. On February 3, 2026, Reporting Person was awarded restricted stock units (RSUs). Each RSU represents a contingent right to receive one (1) share of VeriSign, Inc. common stock once vested. The grant vests 25% on February 15, 2027 and ratably (6.25%) each of the following twelve quarters thereafter, subject to applicable taxes upon delivery.
FAQ
What insider transaction did VeriSign (VRSN) report for Thomas C. Indelicarto?
VeriSign reported that EVP, General Counsel & Secretary Thomas C. Indelicarto received 8,817 restricted stock units on February 3, 2026. Each RSU converts into one share of VeriSign common stock upon vesting, increasing his directly owned beneficial holdings to 38,932.0161 shares.
What are the vesting terms of the 8,817 RSUs granted by VeriSign (VRSN)?
The 8,817 RSUs vest 25% on February 15, 2027, with the remaining units vesting in equal 6.25% installments each quarter for the next twelve quarters. Delivery of shares upon vesting is subject to applicable taxes at the time of settlement.
Was cash paid for the VeriSign (VRSN) RSUs reported in this Form 4?
No cash was paid by the reporting person for this equity award; the 8,817 restricted stock units were granted at a price of $0 per unit. They represent a contingent right to receive VeriSign common shares upon satisfaction of vesting conditions and tax obligations.
Who is the insider involved in this VeriSign (VRSN) Form 4 filing and what is their role?
The insider is Thomas C. Indelicarto, who serves as Executive Vice President, General Counsel & Secretary of VeriSign. He is an officer but not a director or 10% owner, and the filing reflects a stock-based compensation grant in the form of RSUs.
What type of security is involved in Thomas C. Indelicarto’s VeriSign (VRSN) award?
The award consists of restricted stock units, each tied to one share of VeriSign common stock. These RSUs do not require payment at grant and convert into common shares only as they vest under the specified schedule, subject to applicable tax withholding.
AI-generated analysis. How Rhea-AI works. Not financial advice.