VRSN Form 4: 728 RSUs Granted to Director, Immediate Vesting
Rhea-AI Filing Summary
Matthew J. Desch, a Director of VeriSign, Inc. (VRSN), was awarded 728 restricted stock units (RSUs) on 10/06/2025. Each RSU converts to one share of VeriSign common stock when vested. The grant is described as vesting 100% on the date of grant and was reported as acquired at a price of $0, leaving the reporting person with 728 shares beneficially owned after the transaction. The Form 4 was signed by power of attorney and filed on 10/08/2025. The award is subject to applicable taxes upon delivery.
Positive
- 728 RSUs awarded and recorded as immediately vested on 10/06/2025
- Report increases reported direct beneficial ownership to 728 shares
- Grant reported at $0 price, indicating a compensation award rather than an open-market purchase
Negative
- Award is "subject to applicable taxes upon delivery", which may reduce net shares delivered
Insights
Director received fully vested RSUs increasing direct ownership by 728 shares.
The award of 728 RSUs that vest 100% immediately increases the director's direct stake by the same number of shares. Immediate vesting means there is no future service condition tied to these units; the director's beneficial ownership changes on 10/06/2025.
This transaction carries a standard delivery tax condition noted as "subject to applicable taxes upon delivery," which affects net share receipt timing and quantity. Monitor any filings that show actual share issuance or tax withholding in the days following 10/06/2025.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 728 | $0.00 | -- |
Footnotes (1)
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FAQ
What did VeriSign director Matthew J. Desch report on Form 4 (VRSN)?
Were the RSUs granted to Desch time‑vested or immediately vested (VRSN)?
Was there a purchase price for the RSUs reported on the Form 4 (VRSN)?
Does the Form 4 mention any tax implications for the VeriSign RSU grant?