VeriSign (NASDAQ: VRSN) director gets 900 RSUs, boosts trust stake
Rhea-AI Filing Summary
GORELICK JAMIE S reported acquisition or exercise transactions in this Form 4 filing.
VeriSign, Inc. director Jamie S. Gorelick reported an award of 900 restricted stock units, each representing one share of common stock, to the Jamie S. Gorelick Revocable Trust. The RSUs vest 100% on July 20, 2026, and increase the trust’s indirect holdings to 23,154 shares, subject to applicable taxes upon delivery.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 900 shares
Net Buy
1 txn
Insider
GORELICK JAMIE S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 900 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 23,154 shares (Indirect, By Jamie S. Gorelick Revocable Trust)
Footnotes (1)
- F1. On July 20, 2026, Reporting Person was awarded restricted stock units (RSUs). Each RSU represents a contingent right to receive one (1) share of VeriSign, Inc. common stock once vested. The grant vests 100% on the date of grant, subject to applicable taxes upon delivery.
Key Figures
RSUs awarded: 900 shares
Shares following transaction: 23,154 shares
Reported price per share: $0.00 per share
+1 more
4 metrics
RSUs awarded
900 shares
Restricted stock units granted on July 20, 2026; each RSU equals one share of common stock
Shares following transaction
23,154 shares
Indirect holdings by Jamie S. Gorelick Revocable Trust after the RSU award
Reported price per share
$0.00 per share
Transaction price per share associated with the RSU-related common stock entry
Vesting schedule
100% on grant date
RSU grant vests 100% on July 20, 2026, subject to applicable taxes upon delivery
Key Terms
restricted stock units (RSUs), Revocable Trust, contingent right
3 terms
restricted stock units (RSUs) financial
"On July 20, 2026, Reporting Person was awarded restricted stock units (RSUs)."
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
Revocable Trust financial
"By Jamie S. Gorelick Revocable Trust"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
contingent right financial
"Each RSU represents a contingent right to receive one share"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did VeriSign (VRSN) director Jamie S. Gorelick report in this Form 4?
Jamie S. Gorelick, a director of VeriSign, reported the grant of 900 restricted stock units (RSUs) to the Jamie S. Gorelick Revocable Trust. Each RSU represents one share of common stock and vested immediately on July 20, 2026, subject to applicable taxes upon delivery.
How do the new RSUs granted to Jamie S. Gorelick vest?
The RSU grant to Jamie S. Gorelick vests 100% on the date of grant, July 20, 2026. Once vested, each RSU entitles the Jamie S. Gorelick Revocable Trust to receive one share of VeriSign common stock, subject to applicable taxes upon delivery of the shares.
What are Jamie S. Gorelick’s indirect VeriSign (VRSN) holdings after this transaction?
Following the RSU award, the Jamie S. Gorelick Revocable Trust holds 23,154 VeriSign shares indirectly attributed to Jamie S. Gorelick. This post-transaction balance reflects the addition of 900 shares tied to the newly granted, fully vested restricted stock units reported in the filing.
Was the VeriSign (VRSN) RSU grant to Jamie S. Gorelick under a Rule 10b5-1 plan?
The filing’s Rule 10b5-1 checkbox is not marked as applicable, indicating this RSU award is not identified as being made under a Rule 10b5-1 trading plan. The transaction is reported simply as a grant or award acquisition to the revocable trust.