Indelicarto Thomas C 4

What Happened

Thomas C. Indelicarto, EVP, General Counsel & Secretary of Verisign, was granted 8,817 restricted stock units (RSUs) on February 3, 2026. The Form 4 reports the acquisition as an award (code A) at a reported price of $0.00, reflecting a non-cash equity grant rather than a cash purchase. The grant will convert to shares only as the RSUs vest.

Key Details

• Transaction date filed as February 3, 2026 (Form 4 filed Feb 5, 2026).
• Award: 8,817 RSUs; reported acquisition price $0.00 (non-cash award).
• Vesting: 25% vests on Feb 15, 2027, then ratably at 6.25% each quarter for the following 12 quarters (totaling the remaining 75%).
• Taxes: RSUs are subject to applicable taxes upon delivery (withholding at settlement as noted in the filing).
• Shares owned after the grant: not specified in the provided filing.
• Filing timeliness: No late filing indicated (transaction period 2/3/2026; Form 4 filed 2/5/2026).

Context

RSUs are contingent awards that convert to actual shares only as they vest; they are not an immediate cash investment signal like an open-market purchase. This grant increases Indelicarto’s potential future stake over time if vesting conditions are met. For retail investors, awards are routine compensation for executives and reflect long-term alignment rather than immediate buying or selling.