BIDZOS D JAMES 4
Research Summary
AI-generated summary
Verisign (VRSN) CEO James Bidzos Sells 3,300 Shares
What Happened
James Bidzos, Verisign’s Executive Chairman, President & CEO, reported open-market sales of a total of 3,300 VRSN shares on June 23, 2026, generating approximately $820,141 in proceeds. The sale consisted of four blocks: 507 shares, 993 shares, 700 shares, and 1,100 shares, reported as dispositions (transaction code S). These were sales (not purchases or option exercises) and therefore represent liquidity rather than an acquisition signal.
Key Details
- Transaction date: 2026-06-23; Form filed: 2026-06-24 (timely filing).
- Sales reported:
- 507 shares @ weighted avg $246.78 — proceeds $125,120 (prices in range $246.10–$246.98) [F1]
- 993 shares @ weighted avg $247.62 — proceeds $245,884 (prices in range $247.27–$247.93) [F2]
- 700 shares @ weighted avg $248.80 — proceeds $174,159 (prices in range $248.32–$249.26) [F3]
- 1,100 shares @ weighted avg $249.98 — proceeds $274,978 (prices in range $249.78–$250.00) [F4]
- Total: 3,300 shares sold for about $820,141.
- Shares owned after the transactions: not specified in the provided excerpt of the filing.
- Footnotes F1–F4 note that the reported prices are weighted averages and that the shares were sold in multiple trades within the disclosed price ranges; the reporting person can provide per-trade breakdowns to the SEC on request.
- No indication in the filing excerpt of a 10b5-1 plan, option exercise, tax withholding, gift, or other special condition.
Context
Sales by executives are common for liquidity, diversification, or tax planning; they do not by themselves indicate the insider’s view on company prospects. Purchases generally carry more direct interpretive weight for investors. This filing documents open-market sales only — not option exercises or awards.