Verisign GC sells 500 shares at $290.78
Verisign’s EVP and General Counsel sold 500 VRSN shares under a Rule 10b5-1 plan and now directly holds about 33.4k shares including dividend-equivalent RSUs.
Rhea-AI Filing Summary
VERISIGN INC/CA (VRSN) executive Thomas C. Indelicarto, EVP, General Counsel & Secretary, reported selling 500 shares of common stock on September 1, 2026 at $290.78 per share under a Rule 10b5-1 trading plan. Following this sale, he holds 33,394.5328 shares directly, including 50.8524 dividend equivalent RSUs credited on August 27, 2026.
Positive
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Insider Trade Summary 10b5-1
Net Seller: 500 shares
Net Sell
1 txn
Insider
Indelicarto Thomas C
Role
EVP, Gen Counsel & Secretary
Sold
500 shs ($145K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 500 | $290.78 | $145K |
Holdings After Transaction:
Common Stock — 33,394.5328 shares (Direct)
Footnotes (1)
- F1. Includes 50.8524 dividend equivalent restricted stock units acquired on August 27, 2026, in respect of previously granted restricted stock units under the Company's Amended and Restated 2006 Equity Incentive Plan.
Key Figures
Shares sold: 500 shares
Sale price per share: $290.78 per share
Shares held after transaction: 33,394.5328 shares
+2 more
5 metrics
Shares sold
500 shares
Common stock sale reported for September 1, 2026
Sale price per share
$290.78 per share
Price for the 500 shares sold on September 1, 2026
Shares held after transaction
33,394.5328 shares
Direct holdings of Thomas C. Indelicarto following the sale
Dividend equivalent RSUs in holdings
50.8524 units
Dividend equivalent restricted stock units credited August 27, 2026
Net shares sold
500 shares
Net sell direction for the reported Form 4 transactions
Key Terms
dividend equivalent restricted stock units, restricted stock units, Equity Incentive Plan
3 terms
dividend equivalent restricted stock units financial
"Includes 50.8524 dividend equivalent restricted stock units acquired on August 27, 2026"
restricted stock units financial
"in respect of previously granted restricted stock units under the Company's Amended"
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.
Equity Incentive Plan financial
"under the Company's Amended and Restated 2006 Equity Incentive Plan"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
FAQ
What insider transaction did Verisign (VRSN) report for Thomas C. Indelicarto?
Thomas C. Indelicarto, EVP, General Counsel & Secretary, reported a sale of 500 shares of Verisign common stock on September 1, 2026 at $290.78 per share in an open market or private transaction.
Was the September 1, 2026 Verisign (VRSN) insider sale made under a Rule 10b5-1 plan?
Yes. The filing indicates that the transaction was made under a Rule 10b5-1 trading plan, as shown by the affirmative Rule 10b5-1 checkbox for the reported transactions.
What are the dividend equivalent RSUs mentioned in Thomas C. Indelicarto’s Verisign (VRSN) holdings?
His reported post-transaction holdings include 50.8524 dividend equivalent restricted stock units acquired on August 27, 2026 in respect of previously granted restricted stock units under Verisign’s Amended and Restated 2006 Equity Incentive Plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.