VeriSign CEO D. James Bidzos Sells ~$1.01M in Stock via Rule 10b5-1 Plan
VERISIGN INC/CA
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Filing Summary
{"title":"Insider Transaction: VeriSign, Inc. (VRSN)","color":15158332,"fields":[{"name":"Insider","value":"D. James Bidzos (Exec. Chairman, Pres, & CEO)","inline":true},{"name":"Action","value":"Sold 3,300 shares @ avg ~$304.74","inline":true},{"name":"Total Value","value":"$1,005,657.99","inline":true},{"name":"Remaining Holdings","value":"385,027.41 shares","inline":true},{"name":"Rule 10b5-1 Plan","value":"Yes","inline":true}],"footer":{"text":"SEC Form 4 • Filed 2026-09-23"}}
Comprehensive Analysis
Executive Summary
On September 22, 2026, D. James Bidzos, Executive Chairman, President, and Chief Executive Officer of VeriSign, Inc. (VRSN), disposed of 3,300 shares of common stock across multiple tranches for total gross proceeds of approximately $1,005,658.
Transaction Breakdown
The sales were executed in six distinct tranches at weighted average prices ranging from $299.20 to $308.90 per share:
- 802 shares at an average price of $299.2018 (range: $298.81 – $299.57)
- 200 shares at $302.5000
- 397 shares at an average price of $303.9432 (range: $303.56 – $304.10)
- 601 shares at an average price of $305.1925 (range: $305.02 – $305.72)
- 200 shares at an average price of $306.6350 (range: $306.45 – $306.82)
- 1,100 shares at an average price of $308.8955 (range: $308.88 – $309.05)
Context & Significance
- Rule 10b5-1 Plan: The filing indicates that the transactions were executed pursuant to a pre-arranged Rule 10b5-1 trading plan (
<aff10b5One>1</aff10b5One>), mitigating concerns of opportunistic insider selling. - Holding Impact: Following these transactions, Mr. Bidzos maintains direct ownership of 385,027.4109 shares. The 3,300 shares sold represent roughly 0.85% of his total direct holding prior to the sales.
- Overall Significance: Low. The transaction represents routine execution under an automated trading schedule and impacts less than 1% of the CEO's substantial equity position.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.
