Form 4: Verisign Executive John Calys Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Verisign's SVP, Cont., Chief Acct Officer, John Calys, disposed of 22 shares of common stock to cover tax liabilities related to vesting restricted stock units.
Summary
- On October 15, 2024, John Calys, SVP, Cont., Chief Acct Officer of Verisign Inc., disposed of 22 shares of common stock.
- The transaction was executed at a price of $188.07 per share.
- This disposal was to cover tax liabilities associated with the vesting of restricted stock units.
- Following the transaction, Calys directly owns 22,161 shares of Verisign common stock.
Sentiment
Score: 5
Explanation: The document describes a routine transaction related to executive compensation and tax obligations, with no indication of positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of executive compensation and ownership transparency in publicly traded companies. This transaction reflects standard practice for covering tax obligations related to equity compensation.
Key Dates
| Date | Description |
|---|---|
| 10/15/2024 | Date of transaction: John Calys disposed of 22 shares of Verisign common stock. |
| 10/16/2024 | Date of signature: Thomas C. Indelicarto signed the report on behalf of John Calys. |
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