Dividend reinvestment lifts Verisign (VRSN) director Courtney Armstrong’s stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Armstrong Courtney D reported open-market purchase transactions in this Form 4 filing.
VERISIGN INC/CA director Courtney D. Armstrong reported a small increase in his holdings. A trust associated with him, The Armstrong Family Trust, acquired 15.909 shares of common stock at $250.17 per share through the reinvestment of dividends.
Following this dividend reinvestment, Armstrong’s indirect ownership stands at 5,203.471 shares held by the trust, and he also holds 882.244 shares directly. This filing reflects a routine, incremental increase in his overall position rather than a large discretionary trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 15.909 shares ($3,980)
Net Buy
2 txns
Insider
Armstrong Courtney D
Role
Director
Bought
15.909 shs ($4K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 15.909 | $250.17 | $4K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 5,203.471 shares (Indirect, by The Armstrong Family Trust);
Common Stock — 882.244 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Verisign (VRSN) director Courtney D. Armstrong report?
Director Courtney D. Armstrong reported a small increase in his Verisign holdings. A family trust associated with him acquired 15.909 Verisign common shares through dividend reinvestment, modestly raising his overall stake without a large open-market trade.
What are Courtney D. Armstrong’s Verisign (VRSN) holdings after this Form 4 filing?
After the reported transaction, Courtney D. Armstrong indirectly holds 5,203.471 Verisign shares via The Armstrong Family Trust and directly holds 882.244 shares. The filing shows his total position increased slightly through automatic dividend reinvestment.