Form 4: Verisign EVP Thomas C. Indelicarto Reports Sale of Common Stock
SEC Form 4
Thomas C. Indelicarto, EVP, General Counsel & Secretary of Verisign Inc, reports the sale of 3,684 shares of common stock at $190 per share on July 29, 2024.
Summary
- On July 29, 2024, Thomas C. Indelicarto, an EVP, General Counsel & Secretary at Verisign Inc, sold 3,684 shares of common stock.
- The sale price was $190 per share.
- Following the transaction, Indelicarto directly owns 37,774 shares of Verisign Inc.
- The transaction was reported on a Form 4 filing with the SEC.
Sentiment
Score: 5
Explanation: Neutral. This is a standard SEC filing for an insider transaction and doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This is a routine disclosure of an insider transaction. It's common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The sale of shares by an executive could be perceived neutrally or slightly negatively by shareholders, depending on the context and reasons for the sale.
Key Dates
| Date | Description |
|---|---|
| 07/29/2024 | Date of transaction: Sale of 3,684 shares of common stock. |
| 07/30/2024 | Date of signature on the Form 4 filing. |
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