Research Summary
AI-generated summary of this SEC filing
Verisign (VRSN) CFO John Calys Sells 500 Shares
What Happened
John Calys, Chief Financial Officer of Verisign, sold 500 shares of VRSN common stock in an open-market transaction on July 28, 2026. The shares were disposed at $281.56 per share for a total transaction value of $140,778 (code S on the Form 4).
Key Details
- Transaction date and price: 2026-07-28 at $281.56 per share
- Shares sold: 500; Total proceeds: $140,778
- Transaction type: Open-market sale (Form 4 code S)
- Shares owned after transaction: Not specified in the provided filing details
- Footnotes/plan: No 10b5-1 plan, tax withholding, or other footnotes indicated in the provided summary
- Filing timeliness: Form filed 2026-07-29 — appears timely (within normal reporting window)
Context
Sales by insiders are often routine (portfolio diversification or liquidity needs) and do not by themselves indicate a change in company outlook. Purchases typically carry more weight for signaling insider conviction. This report documents a straightforward open-market sale by the company CFO; no option exercises, grants, or gift transfers are noted.