VeriSign (VRSN) officer files Form 4 for RSU tax share sales
Rhea-AI Filing Summary
VeriSign, Inc. executive reports tax-related share disposition
VeriSign, Inc. officer Thomas C. Indelicarto, EVP, General Counsel & Secretary, reported multiple small dispositions of VeriSign common stock on 11/15/2025. The transactions were coded "F" and described as shares withheld or delivered to the company to pay tax liabilities triggered by the vesting of restricted stock units, which is exempt under Rule 16b-3. Following these tax-withholding transactions at a price of $252.88 per share, Indelicarto beneficially owned approximately 32,562.4112 shares of VeriSign common stock directly.
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FAQ
What did VeriSign (VRSN) disclose in this Form 4 filing?
The filing shows that officer Thomas C. Indelicarto reported several small dispositions of VeriSign common stock on 11/15/2025, related to tax withholding on vesting restricted stock units.
Who is the reporting person in VeriSign (VRSN)'s latest Form 4?
The reporting person is Thomas C. Indelicarto, who serves as VeriSign's EVP, General Counsel & Secretary and is considered an officer of the company.
Why were VeriSign (VRSN) shares disposed of in this Form 4?
The explanation states that the shares were disposed of under Rule 16b-3 as payment of tax liability to VeriSign by delivery or withholding of securities when restricted stock units vested.
How many VeriSign (VRSN) shares does the executive own after these transactions?
After the reported tax-withholding transactions, Thomas C. Indelicarto beneficially owned approximately 32,562.4112 shares of VeriSign common stock directly.
What was the transaction price for the VeriSign (VRSN) shares in this Form 4?
The Form 4 reports that the common stock dispositions related to tax withholding occurred at a price of $252.88 per share.
Are these VeriSign (VRSN) Form 4 transactions part of a Rule 10b5-1 trading plan?
The form includes a checkbox for indicating transactions under a Rule 10b5-1(c) trading plan, but the excerpt does not show that this box was checked for these specific transactions.