Form 4: Verisign Executive Chairman D. James Bidzos Reports Stock Disposals for Tax Obligations

D. James Bidzos, Executive Chairman, President, and CEO of Verisign, reports disposing of shares to cover tax liabilities associated with vesting restricted stock units.

Summary

• On May 15, 2025, D. James Bidzos, the Executive Chairman, President, and CEO of Verisign, disposed of shares of common stock to cover tax obligations.
• The disposals were exempt under Rule 16b-3, involving the delivery or withholding of securities incident to the vesting of restricted stock units.
• The transactions involved the disposal of 414 shares, 461 shares, and 589 shares, all at a price of $281.64.
• Following these transactions, Bidzos directly owns 558,625 shares of Verisign common stock.

Sentiment

Score: 5

Explanation: This is a neutral event related to tax obligations. It doesn't indicate positive or negative sentiment towards the company's performance.

Industry Context

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

Stakeholder Impact

• The stock disposal has a minimal impact on shareholders as it is related to tax obligations and doesn't represent a significant change in ownership.

Key Dates

Keywords

Verisign, D. James Bidzos, Stock Disposal, Form 4, Rule 16b-3, Tax Liability, Restricted Stock Units, Beneficial Ownership