Verisign (VRSN) EVP Indelicarto sells 498 shares, holds 38K+
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
VERISIGN INC/CA executive reports small stock sale. EVP, General Counsel & Secretary Thomas C. Indelicarto executed an open-market sale of 498 shares of Verisign common stock at a price of $270.06 per share. Following this transaction, he directly holds 38,202.258 Verisign shares.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 498 shares ($134,490)
Net Sell
1 txn
Insider
Indelicarto Thomas C
Role
EVP, Gen Counsel & Secretary
Sold
498 shs ($134K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 498 | $270.06 | $134K |
Holdings After Transaction:
Common Stock — 38,202.258 shares (Direct)
Footnotes (1)
Key Figures
Shares sold: 498 shares
Sale price per share: $270.06
Shares held after transaction: 38,202.258 shares
3 metrics
Shares sold
498 shares
Open-market sale of common stock
Sale price per share
$270.06
Execution price for the 498-share sale
Shares held after transaction
38,202.258 shares
Direct ownership following the sale
Key Terms
Form 4, open-market sale, Common Stock, EVP, Gen Counsel & Secretary
4 terms
Form 4 regulatory
"This Form 4 shows only a sale of Verisign common stock"
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.
open-market sale financial
"open-market sale of 498 shares of Verisign common stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"sale of 498 shares of Verisign common stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
EVP, Gen Counsel & Secretary financial
"serves as Verisign’s EVP, General Counsel & Secretary"
FAQ
What insider transaction did VRSN executive Thomas Indelicarto report?
Thomas C. Indelicarto reported an open-market sale of 498 shares of Verisign common stock. The transaction was recorded on a Form 4 and reflects routine portfolio activity disclosed for transparency to shareholders and regulators.
What is the role of the insider involved in this Verisign (VRSN) Form 4?
The reporting person, Thomas C. Indelicarto, serves as Verisign’s EVP, General Counsel & Secretary. His Form 4 filing discloses personal stock transactions as required for company officers under SEC insider reporting rules.
Does the Verisign (VRSN) Form 4 show any option exercises or derivatives?
This Form 4 shows only a sale of Verisign common stock and no derivative or option exercises. The derivativeSummary section is empty, indicating no reported activity in options, warrants, or other derivative securities in this filing.