CALYS JOHN 4

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.