VeriSign Director Kathleen A. Cote Receives 900 RSUs

What Happened

• Kathleen A. Cote, a director of VeriSign, Inc. (VRSN), was granted 900 restricted stock units (RSUs) on July 20, 2026. The Form 4 reports an acquisition (code A) of 900 shares at $0.00 (total reported value $0).
• Per the filing footnote, each RSU is a contingent right to one share of VeriSign common stock. The grant vests 100% on the date of grant; delivery of shares is subject to applicable taxes upon distribution.

Key Details

• Transaction date and type: 2026-07-20 — Award/Grant (A) of 900 RSUs at $0.00.
• Filing date: 2026-07-22 (filed within the typical Form 4 two-business-day window — timely).
• Shares owned after transaction: not specified in the provided filing.
• Footnote: RSUs represent the right to one share upon vesting; this grant vests immediately on the grant date but shares will be delivered subject to tax withholding.

Context

• This was an equity award (compensation) to a director, not an open‑market purchase or sale. Awards are common for director/pay arrangements and do not necessarily signal insider buying or selling intent.
• Because the RSUs vest on grant, the award effectively converts to a right to shares immediately, though taxes and issuance mechanics may delay actual share delivery.