VeriSign EVP & CSO Danny R. McPherson Sells $989K in Common Stock

Executive Summary

On October 26, 2026, Danny R. McPherson, Executive Vice President of Technology and Chief Security Officer at VeriSign, Inc. ($VRSN), executed an open-market sale of 3,256 shares of common stock at an average price of $303.895 per share. The transaction generated gross proceeds of approximately $989,482.12.

Transaction Details

• Security: Common Stock
• Transaction Code: S (Open-market or private sale)
• Shares Sold: 3,256
• Execution Price: $303.895
• Total Consideration: $989,482.12
• Post-Transaction Direct Holdings: 30,548.4209 shares
• Ownership Reduction: Approximately 9.63% of prior direct holdings

Strategic Context & Analysis

• Rule 10b5-1 Status: The filing indicates that the transaction was not made pursuant to a Rule 10b5-1 trading plan (aff10b5One is marked 0).
• Role Impact: As EVP and Chief Security Officer, Mr. McPherson holds a critical technical and operational leadership role within VeriSign. Discretionary open-market sales by key C-suite officers often draw market scrutiny.
• Significance Assessment: The sale is rated Medium. While the transaction value approaches $1 million and occurred without an indicated pre-arranged trading plan, Mr. McPherson retains a substantial majority (~90%) of his equity position (over 30,548 shares valued at approximately $9.28 million at current prices).