VeriSign EVP & General Counsel Sells 500 Shares Under Rule 10b5-1 Plan
VERISIGN INC/CA
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Filing Summary
Insider Sale: VeriSign, Inc. (VRSN) Insider: Indelicarto Thomas C (EVP, Gen Counsel & Secretary) Transaction: Sold 500 shares of Common Stock at $284.38 per share ($142,190 total value) Date: October 1, 2026 Remaining Holdings: 32,394.53 shares Plan: Rule 10b5-1 trading plan adopted Significance: Low
Comprehensive Analysis
Executive Summary
On October 1, 2026, Thomas C. Indelicarto, Executive Vice President, General Counsel, and Secretary of VeriSign, Inc. ($VRSN), executed an open-market sale of 500 shares of Common Stock at an average price of $284.38 per share, generating gross proceeds of $142,190.
Transaction Details
- Security: Common Stock
- Transaction Code: S (Open-market sale)
- Shares Sold: 500 shares
- Execution Price: $284.38
- Total Transaction Value: $142,190.00
- Rule 10b5-1 Plan: Yes (
aff10b5One = 1) - Direct Ownership After Transaction: 32,394.5328 shares
Insider Holdings & Impact
The transaction represents a minor reduction (approximately 1.5%) of the executive's total direct equity position in the company. Indelicarto continues to hold a substantial direct stake of over 32,394 shares, valued at approximately $9.2 million based on the transaction price.
Market Sentiment & Significance
This sale carries Low trading significance due to its small size relative to the insider's total holdings and because it was conducted pursuant to a pre-arranged Rule 10b5-1 trading plan.
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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.
