Verisign (VRSN) EVP Indelicarto sells 250 common shares in open-market trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
VERISIGN INC/CA executive Thomas C. Indelicarto sold shares in the company. As EVP, General Counsel & Secretary, he completed an open-market sale of 250 shares of Verisign common stock at a price of $269.23 per share. After this transaction, he directly holds 36,051.0439 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 250 shares ($67,308)
Net Sell
1 txn
Insider
Indelicarto Thomas C
Role
EVP, Gen Counsel & Secretary
Sold
250 shs ($67K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 250 | $269.23 | $67K |
Holdings After Transaction:
Common Stock — 36,051.044 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 250 shares
Sale price per share: $269.23 per share
Shares owned after transaction: 36,051.0439 shares
3 metrics
Shares sold
250 shares
Open-market sale of Verisign common stock
Sale price per share
$269.23 per share
Price for non-derivative common stock sale
Shares owned after transaction
36,051.0439 shares
Direct ownership after sale
Key Terms
open-market sale, Common Stock, transaction code "S"
3 terms
open-market sale financial
"transaction_action": "open-market sale"
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
""security_title": "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.
transaction code "S" financial
""transaction_code": "S""
FAQ
What insider transaction did VERISIGN (VRSN) report for Thomas C. Indelicarto?
VERISIGN reported that executive Thomas C. Indelicarto completed an open-market sale of 250 shares of the company’s common stock at $269.23 per share. The transaction reflects a small disposition relative to his remaining direct holdings.
What role does Thomas C. Indelicarto hold at VERISIGN (VRSN)?
Thomas C. Indelicarto serves as Executive Vice President, General Counsel & Secretary at VERISIGN. The Form 4 identifies him as an officer of the company and links this role to the reported open-market sale of common stock.
What transaction code was used for the VERISIGN (VRSN) insider sale?
The transaction uses code "S", which indicates a sale in an open market or private transaction for non-derivative securities. The filing notes this for the 250 shares of VERISIGN common stock sold by Thomas C. Indelicarto on the reported date.