BIDZOS D JAMES 4
Research Summary
AI-generated summary
Verisign (VRSN) Exec. Chairman/CEO James Bidzos Sells 3,300 Shares
What Happened
- James Bidzos, Verisign's Executive Chairman, President & CEO and Director, sold a total of 3,300 shares in multiple open‑market transactions on June 9, 2026, generating approximately $938,169 in proceeds. The reported trades were all sales (dispositions).
Key Details
- Transaction date: June 9, 2026 (Filed on Form 4: June 11, 2026; filing appears timely)
- Individual reported tranches:
- 475 shares @ $282.10 — $133,999
- 1,100 shares @ $283.21 — $311,530
- 250 shares @ $283.78 — $70,945
- 1,000 shares @ $285.42 — $285,415
- 275 shares @ $286.58 — $78,809
- 200 shares @ $287.36 — $57,471
- Price range: per footnotes, these sales were executed in multiple transactions with prices ranging roughly from $281.55 to $287.45 across the tranches; each line reports a weighted‑average price with detailed per‑price breakdowns available upon SEC request.
- Shares owned after transaction: not provided in the data you supplied (check the full Form 4 for post‑transaction holdings).
- Transaction code: S = Sale (disposition).
Context
- These were open‑market sales (not option exercises, gifts, or awards). Sales by executives can be routine (e.g., diversification, tax planning) and do not by themselves indicate company performance; purchases are generally considered a stronger bullish signal. No 10b5‑1 plan, tax withholding, or other special conditions were specified in the provided notes.