BIDZOS D JAMES 4
Research Summary
AI-generated summary
Verisign (VRSN) CEO James D. Bidzos Sells Shares
What Happened
James D. Bidzos, Executive Chairman, President & CEO and Director of Verisign, sold a total of 3,300 Verisign shares in open-market transactions on June 30, 2026 (reported 2026-07-01). The trades break down as: 300 shares @ $249.47 = $74,841; 1,400 shares @ $250.41 = $350,580; 1,400 shares @ $251.56 = $352,190; and 200 shares @ $252.50 = $50,499 — aggregate proceeds ≈ $828,110. These transactions are coded as sales (S).
Key Details
- Transaction date: 2026-06-30 (filed 2026-07-01) — filing appears timely.
- Individual trades and reported (weighted-average) prices:
- 300 sh @ $249.47 (F1; prices ranged $248.98–$249.76)
- 1,400 sh @ $250.41 (F2; prices ranged $250.29–$251.05)
- 1,400 sh @ $251.56 (F3; prices ranged $251.35–$251.81)
- 200 sh @ $252.50 (F4; prices ranged $252.49–$252.50)
- Shares owned after the transactions: Not specified in the provided filing excerpt.
- Footnotes: Reported prices are weighted averages; filing notes the shares were sold in multiple trades at the ranges above and that full breakdowns can be provided to the SEC upon request.
- Transaction code: S = Sale. No indication in the excerpt of a 10b5-1 plan, option exercise, award, or tax-withholding event.
Context
These are outright open-market sales (dispositions). Sales by executives are common for liquidity or portfolio management and are not by themselves a definitive signal about company fundamentals. The filing contains no indication of option exercises, awards, or gifts associated with these transactions.