VeriSign CEO D. James Bidzos Sells $920K in Stock Under Rule 10b5-1 Plan
VERISIGN INC/CA
Subscribe to track VRSN
Premium users can add ticker alerts and receive realtime notification updates.
Filing Summary
VeriSign, Inc. ($VRSN) Form 4 Insider Sale Insider: D. James Bidzos (Exec. Chairman, Pres, & CEO) Action: Sold 3,300 shares across multiple tranches Average Price: ~$278.78 Total Proceeds: $919,975.76 Remaining Direct Holdings: 381,727.41 shares Plan: Rule 10b5-1 pre-scheduled trading plan
Comprehensive Analysis
Transaction Analysis: VeriSign, Inc. ($VRSN)
Overview
On September 29, 2026, D. James Bidzos, Executive Chairman, President, and CEO of VeriSign, Inc., disposed of 3,300 shares of common stock in multiple open-market transactions for total proceeds of $919,975.76.
Execution Breakdown
The sale was executed in four weighted average price tranches:
- 300 shares at a weighted average price of $276.68 (range: $276.46 – $276.79)
- 800 shares at a weighted average price of $278.0147 (range: $277.46 – $278.37)
- 2,000 shares at a weighted average price of $279.294 (range: $278.80 – $279.68)
- 200 shares at a weighted average price of $279.86 (range: $279.85 – $279.87)
Combined, the weighted average execution price was approximately $278.78 per share.
Holding Context & Significance
- Rule 10b5-1 Plan Adoption: The filing indicates the transaction was made pursuant to a Rule 10b5-1 trading arrangement, meaning trades were scheduled in advance and not driven by recent material non-public information.
- Portfolio Impact: Following the disposition, Bidzos directly retains 381,727.4109 shares. This sale represents less than 0.86% of his direct equity ownership, demonstrating that the insider maintains substantial skin in the game.
- Significance Level: Rated Low due to the modest size relative to overall holdings and execution under an affirmative 10b5-1 trading plan.
Get Real-Time Alerts
Join our community to receive instant notifications when high-significance filings are published
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.
