Form 4: Verisign Executive Thomas C. Indelicarto Reports Tax Liability Share Disposals
SEC Form 4 Filing
EVP, General Counsel & Secretary of Verisign, Thomas C. Indelicarto, reports disposition of shares to cover tax liabilities related to vesting restricted stock units.
Summary
- Thomas C. Indelicarto, EVP, General Counsel & Secretary of Verisign, filed a Form 4 on May 16, 2025.
- The form reports the disposition of Verisign common stock on May 15, 2025, to cover tax liabilities.
- The shares were disposed of at a price of $281.64 per share.
- A total of 621 shares were disposed of in three separate transactions of 158, 211 and 252 shares respectively.
- Following the reported transactions, Indelicarto beneficially owns 42,208 shares of Verisign common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral as the filing simply reports a routine transaction related to tax obligations. It doesn't indicate any significant positive or negative developments for the company.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to the market.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares for tax purposes by an executive.
Key Dates
| Date | Description |
|---|---|
| 05/15/2025 | Date of stock disposal transactions. |
| 05/16/2025 | Date of Form 4 filing. |
Keywords
Form 4, Verisign, Insider Trading, Stock Disposal, Tax Liability, Thomas C. Indelicarto, VRSN
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