Form 4: VeriSign Executive Sells Shares Under 10b5-1 Plan
Insider Transaction Report
VeriSign's EVP, General Counsel & Secretary, Thomas C. Indelicarto, sold 501 shares of common stock for $252.62 per share under a pre-arranged 10b5-1 plan.
Summary
- Thomas C. Indelicarto, VeriSign Inc.'s Executive Vice President, General Counsel & Secretary, reported a transaction.
- The transaction involved the disposition (sale) of 501 shares of VeriSign Common Stock.
- The sale occurred on December 2, 2025, at a price of $252.62 per share.
- This transaction was executed pursuant to a Rule 10b5-1(c) contract, instruction, or written plan.
- Following this transaction, Mr. Indelicarto beneficially owns 32,110.0161 shares of Common Stock.
- The reported beneficial ownership includes 48.6049 dividend equivalent restricted stock units acquired on November 25, 2025, under the Company's Amended and Restated 2006 Equity Incentive Plan.
Sentiment
Score: 5
Explanation: The sentiment is neutral as this is a routine insider transaction under a pre-arranged 10b5-1 plan, which typically does not signal a change in management's outlook on the company's prospects.
Future Outlook
The filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.
Industry Context
This filing is a routine insider transaction report and does not provide information relevant to broader industry trends or competitive landscape.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Insider Trading Plan | The reported transaction was conducted under a Rule 10b5-1(c) plan, which allows insiders to set up a pre-scheduled plan to buy or sell company stock to avoid accusations of insider trading. | 12/02/2025 | This demonstrates adherence to corporate governance best practices regarding insider stock transactions, providing a legal defense against claims of trading on material non-public information. |
Stakeholder Impact
- Shareholders: A routine insider sale under a 10b5-1 plan typically has minimal direct impact on shareholders, as it is a pre-scheduled event rather than a reaction to new company developments.
Key Dates
| Date | Description |
|---|---|
| 11/25/2025 | Acquisition of 48.6049 dividend equivalent restricted stock units. |
| 12/02/2025 | Date of common stock transaction (sale of 501 shares). |
| 12/03/2025 | Date the Form 4 was signed by the reporting person. |
Keywords
VeriSign, VRSN, Insider Trading, Form 4, Stock Sale, 10b5-1 Plan, Executive Compensation, Common Stock
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