VeriSign EVP & General Counsel Sells $146K in Stock Under 10b5-1 Plan
VERISIGN INC/CA
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Filing Summary
# Insider Transaction: VeriSign, Inc. ($VRSN)
**Insider:** Indelicarto Thomas C (EVP, Gen Counsel & Secretary)
**Transaction:** Sale (Direct)
**Shares Transacted:** 500 @ $293.14
**Total Value:** $146,570.00
**Shares Remaining:** 31,894.5328
**Rule 10b5-1 Plan:** Yes
**Date of Transaction:** 2026-10-08
Comprehensive Analysis
Executive Summary
On October 8, 2026, Thomas C. Indelicarto, Executive Vice President, General Counsel, and Secretary of VeriSign, Inc. ($VRSN), executed an open market sale of 500 shares of common stock at a price of $293.14 per share, resulting in total transaction proceeds of approximately $146,570.
Transaction Details
- Security: Common Stock
- Transaction Code: S (Open-market or private sale)
- Shares Sold: 500
- Execution Price: $293.14
- Gross Proceeds: $146,570.00
- Ownership Post-Transaction: 31,894.5328 shares directly held
- Rule 10b5-1 Adoption Flag: Yes (check box marked indicating the transaction was made pursuant to a Rule 10b5-1 trading arrangement)
Impact and Market Assessment
The transaction reflects a routine, pre-scheduled sale under a Rule 10b5-1 trading plan. The sale constitutes only ~1.5% of Mr. Indelicarto's reported direct holding, leaving him with a substantial position of over 31,894 shares. Consequently, this disposition has low trading significance and provides minimal standalone predictive signal regarding company performance.
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