CALYS JOHN 4
Research Summary
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VeriSign (VRSN) CFO John Calys Receives 6,729 RSU Award
What Happened John Calys, Chief Financial Officer of VeriSign, Inc. (VRSN), was granted 6,729 restricted stock units (RSUs) on February 3, 2026. The grant price is $0.00 (an equity award, not a purchase), so no cash changed hands. Each RSU represents a contingent right to one share of VeriSign common stock upon vesting, and delivery is subject to applicable taxes.
Key Details
- Transaction type: Award/Grant (code A). Date of grant: 2026-02-03; Form 4 filed 2026-02-05 (appears timely).
- Award specifics: 6,729 RSUs granted at $0.00 (total cash value at grant = $0; economic value realized only as RSUs vest and convert to shares).
- Vesting schedule (footnote): 25% vests on February 15, 2027, then ratably at 6.25% each quarter for the following 12 quarters; shares delivered subject to tax withholding upon vesting/delivery.
- Related holdings noted in filing: the report references 21.7428 dividend-equivalent RSUs acquired Nov 25, 2025, and includes 93 shares acquired Jan 30, 2026 under VeriSign’s Employee Stock Purchase Plan (per footnotes).
- Filing timeliness: Form filed Feb 5, 2026 for a Feb 3, 2026 grant — within the typical two-business-day Form 4 window.
Context RSUs are a common form of executive compensation that give a right to future shares once vesting conditions are met. This grant is not a market buy or sale and does not produce immediate proceeds; it ties future compensation to company stock performance and retention through the multi-quarter vesting schedule.