VeriSign (VRSN) EVP and General Counsel sells 500 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
VeriSign executive Thomas C. Indelicarto sold shares of company stock. On June 2, 2026, the EVP, General Counsel & Secretary completed an open-market sale of 500 shares of VeriSign common stock at $293.45 per share.
After this transaction, he directly held 37,051.0439 shares of common stock. This figure includes 54.8533 dividend equivalent restricted stock units that were acquired on May 27, 2026 in connection with previously granted restricted stock units under the company’s Amended and Restated 2006 Equity Incentive Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 500 shares ($146,725)
Net Sell
1 txn
Insider
Indelicarto Thomas C
Role
EVP, Gen Counsel & Secretary
Sold
500 shs ($147K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 500 | $293.45 | $147K |
Holdings After Transaction:
Common Stock — 37,051.044 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 500 shares
Sale price per share: $293.45 per share
Shares held after transaction: 37,051.0439 shares
+1 more
4 metrics
Shares sold
500 shares
Open-market sale of common stock on June 2, 2026
Sale price per share
$293.45 per share
Price for the 500 VeriSign shares sold
Shares held after transaction
37,051.0439 shares
Direct common stock holdings following the sale
Dividend equivalent RSUs
54.8533 units
Dividend equivalent RSUs acquired May 27, 2026
Key Terms
open-market sale, dividend equivalent restricted stock units, Amended and Restated 2006 Equity Incentive Plan, non-derivative
4 terms
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
dividend equivalent restricted stock units financial
"Includes 54.8533 dividend equivalent restricted stock units acquired on May 27, 2026"
Amended and Restated 2006 Equity Incentive Plan financial
"previously granted restricted stock units under the Company's Amended and Restated 2006 Equity Incentive Plan"
non-derivative financial
""transaction_type": "non-derivative""
FAQ
What insider transaction did VeriSign (VRSN) report for Thomas C. Indelicarto?
VeriSign reported that EVP, General Counsel & Secretary Thomas C. Indelicarto sold 500 shares of common stock in an open-market transaction at $293.45 per share on June 2, 2026. This was disclosed in a Form 4 insider trading report.
What type of transaction was reported for VeriSign (VRSN) executive Thomas C. Indelicarto?
The transaction was a sale of common stock in the open market, classified as a non-derivative transaction with code “S.” It involved 500 shares and was reported as a direct ownership transaction in which shares were disposed rather than acquired.
What are the dividend equivalent restricted stock units mentioned for VeriSign (VRSN)?
The Form 4 notes 54.8533 dividend equivalent restricted stock units acquired on May 27, 2026. These units were credited in respect of previously granted restricted stock units under VeriSign’s Amended and Restated 2006 Equity Incentive Plan, increasing his reported direct holdings.