Verisign (VRSN) EVP sells 500 shares in open-market stock trade
Rhea-AI Filing Summary
VERISIGN INC/CA executive Thomas C. Indelicarto sold shares of company stock. On June 9, 2026, he executed an open-market sale of 500 shares of Verisign common stock at a price of $283.54 per share. Following this transaction, he directly holds 36,551.0439 shares of Verisign common stock.
Positive
- None.
Negative
- None.
Insights
Routine-sized executive stock sale with substantial holdings remaining.
The Form 4 shows EVP and General Counsel Thomas C. Indelicarto completed an open-market sale of 500 Verisign common shares at $283.54 per share. The transaction is classified as a non-derivative sale, meaning it involved common stock rather than options or other derivatives.
After the sale, Indelicarto directly holds 36,551.0439 Verisign shares, as reported in the filing. There are no derivative positions listed, and the data does not indicate related option exercises, gifts, or tax-withholding events in this report.
Given the single, relatively small sale and the sizeable remaining position, this filing appears consistent with ordinary portfolio or liquidity management rather than a major change in insider exposure. The overall informational impact for investors is limited based on the disclosed figures.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 500 | $283.54 | $142K |