VRSN Form 4: D. James Bidzos Disposes of 7,000 Shares Sept 16-17
Rhea-AI Filing Summary
Verisign insider transactions: D. James Bidzos, who is listed as Exec. Chairman, President and CEO, reported multiple sales of Verisign common stock on September 16-17, 2025. The filings show five sale entries totaling 7,000 shares sold in aggregate at weighted-average prices ranging from approximately $286.591 to $290.0325 per share, with individual trade-weighted price ranges disclosed in the explanations. After these reported disposals, the reporting person beneficially owned 478,438.7009 shares of Verisign common stock. The Form 4 was signed by a power of attorney on behalf of Mr. Bidzos.
Positive
- Reporting person remains Exec. Chairman, President & CEO and a Director
- Substantial continuing beneficial ownership: 478,438.7009 shares remain after the reported sales
Negative
- Reported open-market sales totaling 7,000 shares on 09/16/2025 and 09/17/2025
- Sales executed at weighted-average prices with price ranges up to $290.59 per share as disclosed in explanatory notes
Insights
TL;DR: Executive officer sold 7,000 shares over two days; remaining beneficial ownership remains large.
The transactions are disclosed as open-market sales across two days (September 16-17, 2025) with weighted-average prices reported for grouped trades. Total shares sold equal 7,000, leaving reported beneficial ownership at 478,438.7009 shares. These filings are routine Section 16 disclosures and do not include any indication of derivative transactions or amendments that would change economic exposure. The report was executed by a power of attorney, which is common for Form 4 filings.
TL;DR: Board-level executive reported minor disposition; no governance changes disclosed.
The reporting person is identified as a Director and as Exec. Chairman, President & CEO, and the Form 4 documents only non-derivative sales. There is no information in the filing about changes in roles, pledges, loans, or related-party transactions. The signature by power of attorney is noted and the explanatory footnotes transparently disclose price ranges for the grouped sales.