BIDZOS D JAMES 4
4 · VERISIGN INC/CA · Filed Feb 6, 2026
Research Summary
AI-generated summary of this filing
VeriSign (VRSN) CEO James Bidzos Receives PSU Award
What Happened
James (D.) Bidzos, VeriSign’s Executive Chairman, President & CEO, was awarded 18,039 performance-based restricted stock units (PSUs) that vested on Feb 5, 2026. The filing shows 18,039 shares were acquired (grant/award, $0.00 per share). To satisfy the tax withholding obligation on vesting, 6,558.387 shares were delivered/withheld/disposed at $242.62 per share, totaling $1,591,196.
Key Details
- Transaction dates: Vesting and award determined and settled on 2026-02-05; Form 4 filed 2026-02-06. No late filing indicated.
- Award: 18,039 PSUs granted/vested; each PSU converts to one share when vested.
- Tax withholding: 6,558.387 shares disposed at $242.62, proceeds = $1,591,196 (disposition coded F; exempt under Rule 16b-3 as payment of tax liability).
- Footnotes: F1 — PSUs were part of a Feb 13, 2023 performance award and were fully vested as of Feb 5, 2026. F2 — 157.387 shares included from dividend equivalents on the PSU award. F3 — The share disposition was the withholding/delivery of shares to satisfy taxes.
- Shares owned after the transaction: Not specified in the filing.
Context
This was an award/vesting event (code A) with routine tax withholding (code F), not an open-market sale or purchase. PSUs are contingent awards that became unrestricted shares upon vesting; using shares to cover taxes is a common administrative step and does not by itself indicate a change in sentiment.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-02-05+18,039→ 454,284.525 total - Tax Payment
Common Stock
[F3]2026-02-05$242.62/sh−6,558.387$1,591,196→ 447,726.138 total
Footnotes (3)
- [F1]On February 13, 2023, Reporting Person was awarded performance-based restricted stock units (PSUs). On February 5, 2026, actual performance against goals was determined for the performance period of such award and the Reporting Person was awarded 18,039 PSUs. Each PSU represents a contingent right to receive one (1) share of VeriSign common stock once vested. The PSUs vested in full on February 5, 2026.
- [F2]Includes 157.3870 shares of common stock which were acquired on February 5, 2026 as a result of dividend equivalents paid pursuant to the terms of the 2023 PSU Award Agreement.
- [F3]Disposition of shares exempt under Rule 16b-3 as payment of tax liability to Company by delivery or withholding securities incident to vesting of restricted stock units.