BIDZOS D JAMES 4
Research Summary
AI-generated summary
VeriSign (VRSN) CEO James D. Bidzos Receives RSU Award
What Happened
James D. Bidzos, VeriSign’s Executive Chairman, President & CEO and Director, was granted 23,989 restricted stock units (RSUs) on February 3, 2026. The filing reports an acquisition-type award at $0.00 per unit (standard for RSU grants); the RSUs represent a contingent right to receive one share of VeriSign common stock for each unit once vested. This is a compensation grant (not a market purchase or sale).
Key Details
- Transaction date: February 3, 2026; Form 4 filed February 5, 2026 (appears timely within the 2-business-day reporting window).
- Award: 23,989 RSUs; reported price $0.00 because RSUs convert to shares on vesting rather than being bought.
- Vesting: 25% vests on February 15, 2027, then ratably 6.25% each quarter for the following 12 quarters (totaling the remaining 75%). Taxes will be withheld upon delivery. (See footnote in filing.)
- Shares owned after transaction: not specified in the provided excerpt.
- No indication in this filing of a 10b5-1 plan, sale, or tax-withholding share surrender beyond the standard footnote about taxes on delivery.
Context
RSU grants are a form of executive compensation and do not represent an immediate cash purchase or sale. They become actual shares only as they vest per the schedule; therefore, this grant alone should not be read as a direct bullish or bearish trading signal. Investors may watch future Form 4 entries for any sales, share deliveries (for tax withholding), or changes in holdings as the RSUs vest.