Form 4: Verisign Exec. Chairman, President, and CEO D. James Bidzos Sells Shares in Multiple Transactions
SEC Form 4
D. James Bidzos, Executive Chairman, President, and CEO of Verisign, sold a total of 9,000 shares of common stock across multiple transactions between May 20, 2025, and May 22, 2025.
Summary
- D. James Bidzos, the Executive Chairman, President, and CEO of Verisign, sold shares of the company's common stock.
- The sales occurred over three days: May 20, 2025, May 21, 2025, and May 22, 2025.
- On May 20, 2025, he sold 1,500 shares at a weighted average price of $279.2525, 2,160 shares at $280.4369, 1,090 shares at $281.4828, and 250 shares at $282.26.
- On May 21, 2025, he sold 944 shares at a weighted average price of $280.0731, 756 shares at $280.9199, and 300 shares at $281.85.
- On May 22, 2025, he sold 800 shares at a weighted average price of $280.9775, 1,100 shares at $281.9609, and 100 shares at $282.73.
- Following these transactions, Bidzos directly owns 549,625 shares of Verisign common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating insider selling. It's neutral in tone and doesn't inherently suggest positive or negative sentiment about the company's prospects.
Industry Context
Insider selling is a common occurrence and can be for various personal financial reasons. It's important to consider the overall context of insider transactions, including the company's performance and industry trends.
Stakeholder Impact
- The sale of shares by a high-ranking executive could potentially create uncertainty among shareholders, although it doesn't necessarily indicate a negative outlook for the company.
Key Dates
| Date | Description |
|---|---|
| 05/20/2025 | Date of earliest transaction: Sale of Verisign common stock. |
| 05/21/2025 | Sale of Verisign common stock. |
| 05/22/2025 | Sale of Verisign common stock and Date of Report. |
Keywords
Verisign, D. James Bidzos, stock sale, Form 4, insider trading, VRSN
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