Verisign (VRSN) CEO James Bidzos Sells Shares

What Happened
James Bidzos, Verisign's Executive Chairman, President & CEO, reported multiple open-market sales on Sept 1, 2026, disposing of a total of 3,300 Verisign shares for aggregate proceeds of $960,593. The sales were executed in six lots:

• 200 shares @ $288.30 — $57,661 (F1: weighted avg; range $288.18–$288.54)
• 400 shares @ $289.39 — $115,756 (F3: weighted avg; range $289.23–$289.49)
• 1,900 shares @ $290.89 — $552,701 (F4: weighted avg; range $290.48–$291.45)
• 300 shares @ $291.60 — $87,481 (F5: weighted avg; range $291.50–$291.68)
• 400 shares @ $293.51 — $117,403 (F6: weighted avg; range $293.04–$293.82)
• 100 shares @ $295.91 — $29,591

These were sales (dispositions), not purchases or exercises.

Key Details

• Transaction date: Sept 1, 2026; Form 4 filed Sept 2, 2026 (next day).
• Total shares sold: 3,300; total proceeds: $960,593.
• Several prices are reported as weighted averages; the filing provides price ranges per footnote for those lots (see F1, F3, F4, F5, F6).
• Footnote F2 notes the reporting person received 138.7483 dividend-equivalent restricted stock units on Aug 27, 2026, related to prior RSU grants.
• Shares owned after the transactions are not specified in the summary data provided here.
• No indication in the filing of a 10b5-1 plan, gift, option exercise, or tax-withholding disposition type in the provided details.

Context

• These entries are straightforward open-market sales reported by an executive. Sales do not by themselves indicate company outlook; they show insider liquidity.
• Several line items use weighted-average pricing because each lot was sold in multiple executions at slightly different prices (ranges provided in footnotes).