Form 4: Verisign Executive Danny R. McPherson Reports Stock Disposal for Tax Obligations

Danny R. McPherson, EVP Technology & CSO of Verisign Inc., reported disposing of 26 shares of common stock on April 15, 2025, to cover tax liabilities associated with vesting restricted stock units.

Summary

• On April 15, 2025, Danny R. McPherson, EVP Technology & CSO of Verisign Inc., disposed of 26 shares of common stock.
• The transaction was executed to cover tax liabilities related to the vesting of restricted stock units.
• The shares were disposed of at a price of $250.23 per share.
• Following the transaction, McPherson directly owns 31,439 shares of Verisign common stock.

Sentiment

Score: 5

Explanation: This is a routine filing related to tax obligations, so it doesn't necessarily indicate positive or negative sentiment about the company's prospects.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, like executives and directors, trade their company's stock. These filings provide transparency into insider transactions and can be monitored by investors for insights into management's perspective on the company's stock.

Key Dates

Keywords

Verisign, Danny R. McPherson, Form 4, Stock Disposal, Tax Liability, Restricted Stock Units, VRSN, Executive Compensation