Verisign (VRSN) EVP McPherson uses stock to cover RSU tax bill

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Verisign executive Danny R. McPherson reported routine share withholdings to cover taxes on equity compensation. On May 15, 2026, a total of 725.5843 shares of Verisign common stock were disposed of at $297.57 per share. According to the disclosure, these transactions were exempt under Rule 16b-3 and represented payment of tax liabilities through delivery or withholding of shares incident to the vesting of restricted stock units, rather than open‑market sales.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider McPherson Danny R

Role EVP - Technology & CSO

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	213.773	$297.57	$64K
Tax Withholding	Common Stock	254.881	$297.57	$76K
Tax Withholding	Common Stock	256.93	$297.57	$76K

Holdings After Transaction: Common Stock — 34,981.39 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares used for tax withholding: 725.5843 shares Transaction price per share: $297.57 per share First F-code disposition: 256.9302 shares +2 more

5 metrics

Shares used for tax withholding 725.5843 shares Total F-code tax-withholding shares on May 15, 2026

Transaction price per share $297.57 per share Price applied to each F-code disposition on May 15, 2026

First F-code disposition 256.9302 shares Common stock disposed for tax liability on May 15, 2026

Second F-code disposition 254.8810 shares Common stock disposed for tax liability on May 15, 2026

Third F-code disposition 213.7731 shares Common stock disposed for tax liability on May 15, 2026

Key Terms

restricted stock units, Rule 16b-3, tax-withholding disposition, EVP - Technology & CSO

4 terms

restricted stock units financial

"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.

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.

tax-withholding disposition financial

"transaction_action": "tax-withholding disposition""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

EVP - Technology & CSO other

"officer_title": "EVP - Technology & CSO""

Form 4 Insider Transactions: What Each Field Means →

05/18/2026 - 04:42 PM

SEC Form 4

FORM 4

UNITED 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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	EVP - Technology & CSO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/15/2026		F⁽¹⁾		213.7731	D	$297.57	34,981.3896	D
Common Stock	05/15/2026		F⁽¹⁾		254.881	D	$297.57	34,726.5086	D
Common Stock	05/15/2026		F⁽¹⁾		256.9302	D	$297.57	34,469.5784	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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.

Remarks:

	Thomas C. Indelicarto by Power of Attorney for Danny R. McPherson	05/18/2026
	** Signature of Reporting Person	Date
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)

Source: View Original Filing on SEC EDGAR

FAQ

What did Verisign (VRSN) executive Danny R. McPherson report in this Form 4?

Danny R. McPherson reported share dispositions used to pay tax liabilities. The Form 4 shows 725.5843 Verisign common shares were withheld or delivered on May 15, 2026, tied to vesting of restricted stock units and exempt under Rule 16b-3.

Were the Verisign (VRSN) insider transactions open-market sales?

No, the transactions were not open-market sales. They are coded "F" and described as payment of tax liability by delivering or withholding securities, incident to restricted stock unit vesting and exempt under Rule 16b-3, rather than discretionary market sales.

How many Verisign (VRSN) shares were used for tax withholding in this filing?

The filing shows a total of 725.5843 Verisign common shares used for tax withholding. This total comes from three separate F‑code entries on May 15, 2026, each disposing of a portion of shares at a transaction price of $297.57 per share.

At what price were the Verisign (VRSN) shares valued for the tax-withholding dispositions?

The shares were valued at $297.57 per share for each tax-withholding disposition. All three F‑code transactions on May 15, 2026, list the same transaction price per share, reflecting the value used for covering the associated tax liabilities.

What does the F transaction code mean in this Verisign (VRSN) Form 4?

The F code indicates payment of an exercise price or tax liability by delivering securities. In this case, it reflects shares withheld or delivered to Verisign on May 15, 2026, to satisfy tax obligations related to restricted stock unit vesting, under Rule 16b-3.

What role does Danny R. McPherson hold at Verisign (VRSN) in this filing?

Danny R. McPherson is identified as an officer of Verisign, serving as EVP – Technology & CSO. The Form 4 reports his direct ownership transactions, specifically tax-withholding dispositions tied to equity compensation rather than regular market trading activity.