Form 4: VeriSign Executive Sells Shares for Tax Obligations
Insider Transaction Report
VeriSign's EVP, General Counsel & Secretary, Thomas C. Indelicarto, disposed of common stock to cover tax liabilities related to restricted stock unit vesting.
Summary
- Thomas C. Indelicarto, VeriSign's EVP, General Counsel & Secretary, reported transactions involving the company's common stock.
- On November 15, 2025, Indelicarto disposed of a total of 624.8606 shares of common stock.
- These dispositions were made at a price of $252.88 per share.
- The transactions were exempt under Rule 16b-3, representing the payment of tax liability to the company through the delivery or withholding of securities incident to the vesting of restricted stock units.
- Following these transactions, Indelicarto beneficially owns 32,562.4112 shares of VeriSign common stock.
Sentiment
Score: 5
Explanation: The filing reports a routine, non-discretionary transaction by an executive to cover tax liabilities associated with restricted stock unit vesting, which does not indicate a change in sentiment towards the company.
Future Outlook
No forward-looking statements or guidance are provided in this Form 4 filing, as it is a report of past insider transactions.
Industry Context
This filing reports a routine insider transaction for tax purposes and does not provide information relevant to broader industry trends or competitive analysis.
Stakeholder Impact
- Minimal impact on shareholders as this is a routine, non-discretionary transaction for tax purposes and does not reflect a change in the executive's investment thesis or company fundamentals.
Key Dates
| Date | Description |
|---|---|
| 11/15/2025 | Date of transaction for the disposition of common stock. |
| 11/17/2025 | Date the Form 4 was signed and filed. |
Keywords
VeriSign, VRSN, Form 4, Insider Transaction, Stock Sale, Tax Liability, Restricted Stock Units, Executive Compensation
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