Verisign CEO D. James Bidzos Withholds 1,650 Shares for Taxes

What Happened

• D. James Bidzos (Executive Chairman, President & CEO, Director) had a total of 1,650.367 shares withheld to satisfy tax liabilities related to the vesting of restricted stock units (RSUs). The withholding occurred on Aug 15, 2026 at an attributable price of $284.24 per share, resulting in aggregate value withheld of approximately $469,100 (line items: 468.707 sh / $133,225; 597.594 sh / $169,860; 584.066 sh / $166,015). This was a tax-withholding/settlement of vested awards (routine), not an open-market sale.

Key Details

• Transaction date: 2026-08-15; Form 4 filed: 2026-08-18 (appears timely).
• Price used for valuation: $284.24 per share.
• Shares withheld/disposed: 468.707; 597.594; 584.066 — total 1,650.367 shares.
• Reported cash value withheld: $133,225; $169,860; $166,015 — total ≈ $469,100.
• Shares owned after transaction: not disclosed in this filing.
• Footnote: F1 — disposition exempt under Rule 16b-3 as payment of tax liability to the company by delivery/withholding of securities incident to RSU vesting (tax-withholding transaction). Transaction code: F (tax withholding).

Context

• This was a routine tax-withholding transaction tied to RSU vesting (often called a "share surrender" or "share withholding"); it is not the same as an open-market sale and typically does not signal a change in insider sentiment. For derivative/award transactions like this, shares are retained by the company or withheld to cover taxes rather than sold on the market.