CALYS JOHN 4

What Happened

John Calys, Chief Financial Officer of Verisign (VRSN), had a total of 307.909 shares disposed on February 15, 2026 through share-withholding to cover tax liabilities tied to vested restricted stock units. The disposals occurred in four lots (35.021, 37.091, 48.396 and 187.401 shares) at $219.03 per share, with reported values of $7,671; $8,124; $10,600; and $41,046 respectively — approximately $67,441 in aggregate. These were not open-market sales but company withholdings to satisfy taxes.

Key Details

• Transaction date: 2026-02-15; filing date: 2026-02-17.
• Price per share: $219.03 for each lot.
• Shares withheld (total): 307.909; total reported value: ~$67,441.
• Shares owned after transaction: Not disclosed in the provided Form 4 excerpt.
• Footnote: Dispositions were made under Rule 16b-3 as payment of tax liability by delivery/withholding of securities incident to RSU vesting.
• Filing timeliness: Form 4 was filed two days after the transaction date; no late filing flag noted in the excerpt.

Context

This was a tax-withholding event tied to the vesting of restricted stock units (RSUs), meaning the company withheld a portion of vested shares to cover taxes rather than the insider selling shares on the open market. Such withholdings are routine administrative transactions and do not necessarily indicate a change in the insider’s view of the company.