Verisign (VRSN) director Courtney Armstrong adds shares in open-market buys
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Verisign director Courtney D. Armstrong reported open‑market purchases of a small number of common shares. She bought 2.312 shares at $309.01 per share into her direct holdings and 13.807 shares at $305.28 per share through The Armstrong Family Trust.
Following these trades, she directly owns 884.556 shares, and the trust holds 5,217.278 shares attributed as indirect ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 16.119 shares ($4,929)
Net Buy
2 txns
Insider
Armstrong Courtney D
Role
null
Bought
16.119 shs ($5K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 13.807 | $305.2762 | $4K |
| Purchase | Common Stock | 2.312 | $309.01 | $714.43 |
Holdings After Transaction:
Common Stock — 5,217.278 shares (Indirect, by The Armstrong Family Trust);
Common Stock — 884.556 shares (Direct, null)
Footnotes (1)
Key Figures
Direct shares purchased: 2.312 shares
Direct purchase price: $309.01 per share
Indirect shares purchased: 13.807 shares
+4 more
7 metrics
Direct shares purchased
2.312 shares
Common Stock open-market purchase on May 27, 2026 at $309.01
Direct purchase price
$309.01 per share
Common Stock bought directly on May 27, 2026
Indirect shares purchased
13.807 shares
Common Stock purchased by The Armstrong Family Trust at $305.2762
Indirect purchase price
$305.2762 per share
Trust open-market purchase on May 27, 2026
Direct holdings after trade
884.556 shares
Total Verisign common shares directly owned after transactions
Indirect holdings after trade
5,217.278 shares
Verisign common shares held by The Armstrong Family Trust
Net shares bought
16.119 shares
Total net buying across both transactions
Key Terms
open-market purchase, indirect ownership, Armstrong Family Trust, Form 4
4 terms
open-market purchase financial
"transaction_action: open-market purchase"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
indirect ownership financial
"ownership_type: indirect for shares held by The Armstrong Family Trust"
Armstrong Family Trust financial
"nature_of_ownership: by The Armstrong Family Trust"
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transactions did Verisign (VRSN) director Courtney D. Armstrong report?
Courtney D. Armstrong reported two open-market purchases of Verisign common stock. She acquired 2.312 shares directly and 13.807 shares indirectly through The Armstrong Family Trust, both on May 27, 2026, at prices slightly above $305 per share.
What are Courtney D. Armstrong’s Verisign (VRSN) holdings after these Form 4 transactions?
After these transactions, Armstrong directly holds 884.556 Verisign shares. In addition, The Armstrong Family Trust, reported as her indirect ownership, now holds 5,217.278 shares, according to the Form 4 totals following the May 27, 2026 trades.
Were Courtney D. Armstrong’s Verisign (VRSN) trades classified as open-market purchases?
Yes. Both transactions are coded “P” and described as open-market purchases. This means the shares were bought on the open market or via private transactions, rather than being grants, option exercises, or tax-related dispositions.