|4Feb 17, 4:45 PM ET

BIDZOS D JAMES 4

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Verisign (VRSN) CEO James Bidzos Sells Shares to Cover Taxes

What Happened James (D.) Bidzos, Verisign’s Executive Chairman, President, CEO and a director, dispositioned a total of 3,798.54 shares on Feb 15, 2026 to satisfy tax withholding obligations tied to the vesting of restricted stock units. The shares were reported disposed at a price of $219.03 per share in four separate withholdings: 417.187 shares ($91,377), 465.243 shares ($101,902), 594.07 shares ($130,119), and 2,322.04 shares ($508,596). The combined value of the withheld shares is about $831,994.

Key Details

  • Transaction date: 2026-02-15 (Form 4 filed 2026-02-17).
  • Price per share: $219.03; total value ≈ $831,994.
  • Shares withheld/returned to company: 417.187; 465.243; 594.07; 2,322.04 (total 3,798.54).
  • Transaction code: F — payment of tax liability by delivery/withholding of securities (see footnote F1).
  • Shares owned after transaction: not specified in the provided filing excerpt.
  • Filing timeliness: filed two days after the transaction; no late-filing flag indicated.

Context This was a tax-withholding event tied to RSU vesting (not an open-market sale or option exercise). Under Rule 16b-3, withholding/delivery of shares to cover taxes is treated as an exempt disposition and is routine for executives when equity awards vest. Such transactions generally reflect payroll/tax mechanics rather than a discretionary decision to sell shares.