Form 4: Verisign EVP and CFO George E. Kilguss, III Reports Stock Disposals for Tax Obligations

George E. Kilguss, III, EVP and CFO of Verisign, reported the disposal of common stock to cover tax liabilities associated with vesting restricted stock units.

Summary

• On May 15, 2025, George E. Kilguss, III, EVP and CFO of Verisign Inc., disposed of shares of common stock to cover tax obligations.
• The disposals were exempt under Rule 16b-3, involving the payment of tax liability to the company by delivering or withholding securities incident to the vesting of restricted stock units.
• A total of 647 shares were disposed of at a price of $281.64.
• Following the transactions, Kilguss directly owns 123,197 shares of Verisign common stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing relates to routine tax-related stock disposals and doesn't indicate any significant change in the executive's position or the company's outlook.

Industry Context

This Form 4 filing is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies. It doesn't necessarily reflect a change in the executive's long-term outlook on the company.

Key Dates

Keywords

Verisign, Kilguss, Form 4, Stock Disposal, Tax Liability, Restricted Stock Units, VRSN, EVP, CFO