Form 4: VeriSign CEO D. James Bidzos Sells Over 9,000 Shares Under Pre-Arranged Plan

VeriSign Inc.'s Executive Chairman, President, and CEO, D. James Bidzos, reported the sale of 9,000 shares of common stock over three days in July 2025, executed under a Rule 10b5-1 trading plan.

Summary

• D. James Bidzos, VeriSign Inc.'s Executive Chairman, President, and CEO, reported the sale of 9,000 shares of the company's common stock.
• The sales occurred over three transaction dates: July 15, 2025, July 16, 2025, and July 17, 2025.
• On July 15, 2025, a total of 5,000 shares were sold at weighted average prices ranging from $280.9711 to $282.84.
• On July 16, 2025, a total of 2,000 shares were sold at weighted average prices ranging from $279.8443 to $282.8157.
• On July 17, 2025, a total of 2,000 shares were sold at weighted average prices ranging from $280.2248 to $282.38.
• All transactions were conducted as dispositions ('D') of direct ownership.
• The sales were made pursuant to a Rule 10b5-1(c) contract, instruction, or written plan, indicating they were pre-scheduled.
• Following these transactions, D. James Bidzos beneficially owns 513,771.6215 shares of VeriSign common stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral. While insider selling can sometimes be viewed negatively, the fact that these sales were conducted under a pre-arranged Rule 10b5-1 plan mitigates concerns that they are based on new, adverse non-public information. It's a routine transaction for diversification or liquidity.

Positives

• The sales were conducted under a Rule 10b5-1 trading plan, which indicates the transactions were pre-scheduled and not based on immediate, non-public information, enhancing transparency.

Negatives

• The Executive Chairman, President, and CEO reduced his direct beneficial ownership in the company by 9,000 shares, which could be perceived as a slight decrease in insider alignment.

Future Outlook

NA

Industry Context

This Form 4 filing reports an insider stock transaction and does not provide broader industry context or trends. It is a routine disclosure of changes in beneficial ownership.

Stakeholder Impact

• Shareholders: The sale by a key executive slightly reduces insider ownership, which could be interpreted in various ways, though the 10b5-1 plan suggests it's not based on new negative information.

Key Dates

Keywords

VeriSign, VRSN, D. James Bidzos, Insider Sale, Form 4, Beneficial Ownership, Stock Transaction, Rule 10b5-1