VeriSign EVP & General Counsel Sells $155K in Common Stock Under Rule 10b5-1 Plan
VERISIGN INC/CA
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Filing Summary
=== INSIDER TRANSACTION DETECTED ===
Company: VERISIGN INC/CA (VRSN)
Insider: Indelicarto Thomas C
Title: EVP, Gen Counsel & Secretary
Transaction: Sale (Code: S)
Shares: 500
Price: $309.38
Total Value: $154,690.00
Post-Holdings: 31,394.53 shares
Plan 10b5-1: Yes
Significance: Low
Comprehensive Analysis
Insider Transaction Summary
On November 2, 2026, Thomas C. Indelicarto, Executive Vice President, General Counsel, and Secretary of VeriSign, Inc. (NASDAQ: VRSN), executed an open-market sale of 500 shares of common stock at a price of $309.38 per share, representing a total transaction value of $154,690.00.
Transaction Details
- Security: Common Stock
- Transaction Type: Open Market Sale (Code: S)
- Shares Sold: 500
- Execution Price: $309.38
- Ownership After Transaction: 31,394.5328 shares directly held
- Rule 10b5-1 Trading Plan: Indicated as executed under an affirmative Rule 10b5-1 trading arrangement
Context and Market Significance
This disposition represents a Low significance event:
- Small Fraction of Holdings: The 500 shares disposed of constitute approximately 1.57% of Mr. Indelicarto's reported direct equity holdings, leaving him with an ownership position exceeding 31,394 shares (worth approximately $9.7 million at the transaction price).
- Rule 10b5-1 Plan: The transaction was executed under a pre-established Rule 10b5-1 trading plan, indicating scheduled diversification rather than a discretionary reaction to near-term business fundamentals.
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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.
