CALYS JOHN 4
4 · VERISIGN INC/CA · Filed Feb 6, 2026
Research Summary
AI-generated summary of this filing
Verisign (VRSN) CFO John Calys Receives Award; 414 Shares Withheld
What Happened
John Calys, Chief Financial Officer of Verisign, was awarded 1,277 performance-based restricted stock units (PSUs) that vested on Feb 5, 2026 and converted into shares (acquired at $0.00). To satisfy tax withholding on the vesting, 414.142 shares were delivered/withheld to the company at $242.62 per share, a disposition valued at $100,479. The award includes 11.1416 shares issued as dividend equivalents.
Key Details
- Transaction dates: performance determination and vesting on 2026-02-05; Form 4 filed 2026-02-06.
- Award (A): 1,277 PSUs acquired at $0.00 (PSUs vested and converted to shares).
- Tax withholding (F): 414.142 shares disposed @ $242.62 = $100,479 (payment of tax liability via share withholding).
- Footnotes: PSUs were originally granted Feb 13, 2023 and performance results determined Feb 5, 2026; 11.1416 shares are dividend equivalents; withholding treated as exempt under Rule 16b-3.
- Shares owned after the reported transactions are not specified in the provided filing.
Context
PSUs are performance-based restricted stock units that convert to shares only after performance goals are met and they vest; this filing reflects vesting and the routine tax-withholding that often accompanies such awards. The 414.142-share disposition was a tax withholding, not an open-market sale, and is commonly done by companies to satisfy an insider’s tax obligation.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-02-05+1,277→ 32,697.529 total - Tax Payment
Common Stock
[F3]2026-02-05$242.62/sh−414.142$100,479→ 32,283.387 total
Footnotes (3)
- [F1]On February 13, 2023, Reporting Person was awarded performance-based restricted stock units (PSUs). On February 5, 2026, actual performance against goals was determined for the performance period of such award and the Reporting Person was awarded 1,277 PSUs. Each PSU represents a contingent right to receive one (1) share of VeriSign common stock once vested. The PSUs vested in full on February 5, 2026.
- [F2]Includes 11.1416 shares of common stock which were acquired on February 5, 2026 as a result of dividend equivalents paid pursuant to the terms of the 2023 PSU Award Agreement.
- [F3]Disposition of shares exempt under Rule 16b-3 as payment of tax liability to Company by delivery or withholding securities incident to vesting of restricted stock units.