4Filed Aug 12, 8:00 PM ET

Verisign (VRSN) CEO James Bidzos Sells 3,300 Shares

$VRSN · VERISIGN INC/CA

Research Summary

AI-generated summary of this SEC filing

Updated

Verisign (VRSN) CEO James Bidzos Sells 3,300 Shares

What Happened James Bidzos — Executive Chairman, President & CEO of Verisign (VRSN) — sold a total of 3,300 Verisign shares in open-market transactions on August 11, 2026. The sales were done in six lots for aggregate proceeds of about $963,549. Individual lots reported: 292 shares at a weighted $287.80 ($84,037); 208 shares at $288.85 ($60,080); 1,399 shares at $291.66 ($408,037); 301 shares at $292.89 ($88,161); 800 shares at $293.62 ($234,893); and 300 shares at $294.47 ($88,341). All transactions are coded as S (Sale).

Key Details

  • Transaction date: 2026-08-11; Form 4 filed 2026-08-13 (appears timely within the 2-business-day filing window).
  • Lots and reported weighted prices (with footnote ranges):
    • 292 @ $287.80 (range $287.46–$288.45) — $84,037. (F1)
    • 208 @ $288.85 (range $288.66–$289.07) — $60,080. (F2)
    • 1,399 @ $291.66 (range $290.93–$291.86) — $408,037. (F3)
    • 301 @ $292.89 (range $292.01–$292.98) — $88,161. (F4)
    • 800 @ $293.62 (range $293.19–$294.08) — $234,893. (F5)
    • 300 @ $294.47 (range $294.24–$294.80) — $88,341. (F6)
  • Total: 3,300 shares sold for approximately $963,549.
  • Shares owned after transaction: Not specified in the provided filing excerpt.
  • Footnotes clarify that reported prices are weighted averages and list the per-lot price ranges; the filer offers to provide per-price breakdowns to the SEC on request.
  • Transaction code: S = Sale.

Context

  • These are open-market sales by a senior executive; sales can be routine (e.g., portfolio rebalancing or liquidity needs) and do not necessarily signal a change in company outlook. No derivative exercise, gift, or tax-withholding event was reported in the excerpt. The filing date (Aug 13) follows the Aug 11 trades and appears to meet normal Form 4 timing requirements.