Form 4: VeriSign Executive Sells Shares Under 10b5-1 Plan

VeriSign's EVP, General Counsel & Secretary, Thomas C. Indelicarto, sold 498 shares of common stock for approximately $124,000 under a pre-arranged 10b5-1 plan.

Summary

• Thomas C. Indelicarto, Executive Vice President, General Counsel & Secretary of VeriSign Inc. (VRSN), reported the sale of common stock.
• The transactions occurred on February 3, 2026.
• A total of 498 shares were sold in two separate transactions.
• 332 shares were sold at a price of $248.62 per share.
• 166 shares were sold at a price of $250.00 per share.
• The sales were conducted pursuant to a Rule 10b5-1 trading plan, which indicates the transactions were pre-scheduled.
• Following these transactions, Mr. Indelicarto directly owns 30,115.0161 shares of VeriSign common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. While insider selling can sometimes be a negative signal, the disclosure that it was executed under a Rule 10b5-1 plan suggests it was a pre-scheduled transaction for personal financial planning rather than a reaction to new, negative information.

Negatives

• EVP, General Counsel & Secretary Thomas C. Indelicarto sold 498 shares of VeriSign common stock, reducing his direct ownership.
• The total value of shares sold was approximately $124,000.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that insider sales, even when executed under Rule 10b5-1 plans, are routinely monitored by investors for potential signals regarding management's confidence in future performance. However, without further context on VeriSign's recent financial performance or broader industry trends in internet infrastructure and domain name services, this specific transaction is primarily a routine disclosure of executive compensation management.

Stakeholder Impact

• Shareholders: A slight reduction in insider ownership, though mitigated by the 10b5-1 plan, which suggests a planned rather than reactive sale.

Key Dates

Recommendation

The insider sale, while a reduction in executive ownership, was conducted under a pre-arranged 10b5-1 plan, which typically indicates a planned diversification or liquidity event rather than a reaction to new material information. This transaction alone does not provide sufficient new information to alter a fundamental investment thesis for VeriSign, hence a 'hold' recommendation is appropriate.

Keywords

VeriSign, VRSN, Insider Trading, Form 4, Stock Sale, Thomas C. Indelicarto, 10b5-1 Plan, Executive Stock Sale