Form 4: Verisign Director Kathleen A. Cote Reports Sale of 3,000 Shares
SEC Form 4 Filing
Director Kathleen A. Cote of Verisign Inc. reports selling 3,000 shares of common stock at $230 per share on February 18, 2025.
Summary
- Kathleen A. Cote, a director of Verisign Inc., filed a Form 4 with the SEC.
- The report indicates that Ms. Cote sold 3,000 shares of Verisign's common stock on February 18, 2025.
- The sale price was $230 per share.
- Following the transaction, Ms. Cote directly owns 27,346 shares of Verisign common stock.
Sentiment
Score: 5
Explanation: The document is a neutral report of a stock sale. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This filing is a routine disclosure of insider trading activity, which is common for directors and officers of publicly traded companies. It provides transparency to investors regarding the trading activities of company insiders.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by some shareholders, but it is a relatively small transaction and may not have a significant impact.
Key Dates
| Date | Description |
|---|---|
| 02/18/2025 | Date of stock sale transaction |
| 02/19/2025 | Date of signature on the report |
Keywords
Form 4, SEC, Verisign, Director, Kathleen A. Cote, Stock Sale, VRSN
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