Indelicarto Thomas C 4
4 · VERISIGN INC/CA · Filed Feb 4, 2026
Research Summary
AI-generated summary of this filing
Verisign (VRSN) EVP Thomas C. Indelicarto Sells 498 Shares
What Happened
Thomas C. Indelicarto, EVP, General Counsel & Secretary of Verisign (VRSN), sold a total of 498 shares in two open-market transactions on February 3, 2026. He disposed of 332 shares at $248.62 each (≈ $82,542) and 166 shares at $250.00 each (≈ $41,500), for a combined proceeds of about $124,042. These were outright sales (code S) rather than purchases or option exercises.
Key Details
- Transaction date: 2026-02-03 (reported on Form 4 filed 2026-02-04).
- Sales: 332 shares @ $248.62 (≈ $82,542) and 166 shares @ $250.00 (≈ $41,500); total 498 shares, ≈ $124,042.
- Transaction type: Dispositions via open-market sale (reported as S).
- Shares owned after transaction: Not specified in the excerpt provided in this summary.
- Filing timeliness: Report filed the next day (appears timely based on provided dates).
- No footnotes (e.g., 10b5-1 or tax withholding) were noted in the provided details.
Context
Sales by officers are often routine (e.g., for diversification or liquidity) and do not by themselves indicate a change in company fundamentals. For retail investors, purchases typically carry more informational weight than routine sales; this filing documents a routine open-market sale by a senior executive.
Insider Transaction Report
- Sale
Common Stock
2026-02-03$248.62/sh−332$82,542→ 30,281.016 total - Sale
Common Stock
2026-02-03$250.00/sh−166$41,500→ 30,115.016 total