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

What Happened

• James (J.) Bidzos, Executive Chairman, President & CEO of Verisign (VRSN), sold a total of 3,300 shares in open-market transactions on September 22, 2026, generating approximately $1,005,658 in proceeds. The sales were executed in multiple lots at different prices:
  • 802 shares at a weighted average price of $299.20 — proceeds $239,960 (prices ranged $298.81–$299.57).
  • 200 shares at $302.50 — proceeds $60,500.
  • 397 shares at a weighted average price of $303.94 — proceeds $120,665 (prices ranged $303.56–$304.10).
  • 601 shares at a weighted average price of $305.19 — proceeds $183,421 (prices ranged $305.02–$305.72).
  • 200 shares at a weighted average price of $306.63 — proceeds $61,327 (prices ranged $306.45–$306.82).
  • 1,100 shares at a weighted average price of $308.90 — proceeds $339,785 (prices ranged $308.88–$309.05).

Key Details

• Transaction type: Sale (open-market), reported as Code S on Form 4.
• Transaction date: 2026-09-22. Filing date: 2026-09-23 (filed the next day; timely under Form 4 rules).
• Total shares sold: 3,300. Total reported proceeds: ~$1,005,658.
• Price reporting: Several lines show weighted average prices; footnotes F1–F5 give the per-lot price ranges and state the filer will provide exact per-price quantities to the SEC upon request.
• Shares owned after transaction: Not specified in the information provided here — see the full Form 4 filing for post-transaction holdings.
• No 10b5-1 plan, tax withholding, option exercise, or gift coding was indicated in the provided details.

Context

• These were outright open-market sales by a senior executive. Sales by insiders can be routine (diversification, tax planning, etc.) and do not by themselves indicate company performance or management sentiment. Purchases generally carry more weight as a bullish signal.
• Footnotes clarify that some reported prices are weighted averages across multiple executions; the SEC can request the exact breakdown of prices and quantities.