Form 4: Verisign EVP and CFO George E. Kilguss, III Reports Tax Liability Share Disposals
SEC Form 4 Filing
George E. Kilguss, III, EVP and CFO of Verisign, disposed of shares to cover tax liabilities related to vesting restricted stock units.
Summary
- On May 15, 2024, George E. Kilguss, III, EVP and CFO of Verisign Inc., disposed of common stock to cover tax liabilities.
- The disposals were exempt under Rule 16b-3 and involved the withholding of securities incident to the vesting of restricted stock units.
- A total of 565 shares were disposed of at a price of $169.25 per share.
- Following the transactions, Kilguss directly owns 115,244 shares of Verisign common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing relates to routine tax-related share disposals.
Industry Context
This is a routine transaction related to executive compensation and tax obligations, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of share disposal for tax liability. |
| 05/17/2024 | Date of signature for the report. |
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