4Filed Aug 18, 8:00 PM ET
Verisign (VRSN) Exec. Chairman & CEO James Bidzos Sells 3,300 Shares
$VRSN · VERISIGN INC/CAResearch Summary
AI-generated summary of this SEC filing
Verisign (VRSN) Exec. Chairman & CEO James Bidzos Sells 3,300 Shares
What Happened James Bidzos, Verisign’s Executive Chairman, President & CEO (and a director), sold a total of 3,300 Verisign shares in open-market transactions on August 18, 2026. The sales were executed in four lots:
- 1,414 shares at a weighted average price of $276.40 — proceeds $390,830
- 386 shares at a weighted average price of $277.39 — proceeds $107,073
- 700 shares at a weighted average price of $278.87 — proceeds $195,207
- 800 shares at a weighted average price of $279.75 — proceeds $223,800
Total proceeds from these transactions were approximately $916,910. These were outright sales (transaction code S), not purchases or option exercises.
Key Details
- Transaction date: August 18, 2026; Form 4 filed August 19, 2026 (appears timely).
- Aggregate shares sold: 3,300; aggregate proceeds: ~$916,910.
- Reported prices are weighted averages for each lot. Footnotes show per‑lot price ranges:
- Lot 1: $275.98 to $276.96 (F1)
- Lot 2: $277.09 to $277.73 (F2)
- Lot 3: $278.37 to $279.34 (F3)
- Lot 4: $279.53 to $280.07 (F4) The filer offers to provide exact per‑price share breakdowns to the SEC on request.
- Shares owned after the transactions: not specified in the information provided.
- No 10b5‑1 plan, option exercise, award, or gift is indicated in the provided transaction details.
Context
- Sales by executives can be routine (diversification, tax planning, liquidity) and do not by themselves indicate a change in company prospects. Purchases typically carry more weight as signals of insider confidence.
- These were straightforward open‑market sales (not a cashless option exercise or an award withholding transaction).