VeriSign EVP & General Counsel Sells $145.4K in Common Stock
VERISIGN INC/CA
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Filing Summary
Insider Sale: Thomas C. Indelicarto sells shares of VeriSign ($VRSN)
- Role: EVP, Gen Counsel & Secretary
- Shares Sold: 500 @ $290.78
- Total Value: $145,390.00
- Shares Retained: 33,394.53
- 10b5-1 Plan: Yes
Comprehensive Analysis
Overview
On September 1, 2026, Thomas C. Indelicarto, Executive Vice President, General Counsel & Secretary of VeriSign, Inc. ($VRSN), executed a sale of 500 shares of common stock at an average price of $290.78 per share, generating gross proceeds of $145,390.00.
Key Transaction Highlights
- Filing Date: September 2, 2026
- Transaction Date: September 1, 2026
- Security: Common Stock
- Transaction Code: S (Open market sale)
- Shares Sold: 500
- Execution Price: $290.78
- Pre-planned Trading: The filing indicates the transaction was executed pursuant to a Rule 10b5-1 trading plan.
- Remaining Holdings: Following this transaction, Mr. Indelicarto directly holds 33,394.5328 shares (which includes 50.8524 dividend equivalent restricted stock units).
Market Impact & Significance
This transaction represents a routine, small-scale disposition (less than 1.5% of the insider's direct position) conducted under a Rule 10b5-1 trading arrangement. As such, it carries Low trading significance and does not indicate a shift in insider sentiment.
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