Verisign Inc. (VRSN) – Form 4 insider transaction filing dated 20-Jun-2025
D. James Bidzos, Executive Chairman, President & CEO and a director of Verisign, reported open-market sales of the company’s common stock over two consecutive trading days.
- Transaction dates: 17-Jun-2025 and 18-Jun-2025
- Total shares sold: 9,000
- Price range: $280.00 – $285.15 per share; weighted-average prices disclosed for each block
- Proceeds (approx.): $2.54 million at the stated weighted-average prices
- Post-sale beneficial ownership: 531,771.6215 shares, down from 540,271.6215 – a reduction of about 1.6%
- Ownership form: Direct
- Derivative securities: None reported
No indication was provided that the trades were executed under a Rule 10b5-1 trading plan, and the filing shows no derivative activity. The Form 4 was signed on behalf of Bidzos by Thomas C. Indelicarto under power of attorney.
The filing is routine but noteworthy because it involves the company’s longtime chief executive. While the volume sold represents a small fraction of his holdings, any insider disposition draws investor attention to potential motivations and the executive’s outlook. The company did not release concurrent earnings or operational updates within this document.