Form 4: VeriSign CFO Sells 1,001 Shares in Pre-Planned Transaction
Insider Transaction Report
VeriSign's EVP and Chief Financial Officer, John Calys, reported the sale of 1,001 shares of common stock for approximately $242,954, executed under a Rule 10b5-1 plan.
Summary
- John Calys, VeriSign Inc.'s Executive Vice President and Chief Financial Officer, reported a transaction involving the company's common stock.
- On November 7, 2025, Calys disposed of 1,001 shares of VeriSign common stock.
- The shares were sold at a price of $242.712 per share, totaling approximately $242,954.71.
- This transaction was conducted pursuant to a Rule 10b5-1 pre-arranged trading plan.
- Following this sale, Calys beneficially owns 24,733.934 shares of VeriSign common stock.
- The reported beneficial ownership includes 21.4919 dividend equivalent restricted stock units acquired on August 27, 2025, under the Company's Amended and Restated 2006 Equity Incentive Plan.
Sentiment
Score: 5
Explanation: The transaction is a routine insider sale executed under a pre-arranged Rule 10b5-1 plan, which typically indicates a neutral sentiment as it is not a discretionary sale based on new material non-public information.
Future Outlook
This filing does not contain any forward-looking statements or guidance regarding the company's future outlook.
Industry Context
This insider transaction is a routine disclosure for a publicly traded company and does not inherently reflect broader industry trends or competitive dynamics. Sales under Rule 10b5-1 plans are common for executives to manage personal finances while adhering to insider trading regulations.
Stakeholder Impact
- Shareholders: A routine insider sale under a 10b5-1 plan is generally not considered a significant indicator of management's confidence or a material event for shareholders.
Key Dates
| Date | Description |
|---|---|
| 08/27/2025 | Acquisition of 21.4919 dividend equivalent restricted stock units. |
| 11/07/2025 | Transaction date for the sale of 1,001 shares of common stock. |
| 11/10/2025 | Date the Form 4 filing was signed. |
Keywords
VeriSign, VRSN, Form 4, Insider Trading, Stock Sale, John Calys, CFO, 10b5-1 Plan
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