Indelicarto Thomas C 4
4 · VERISIGN INC/CA · Filed Feb 6, 2026
Research Summary
AI-generated summary of this filing
VeriSign (VRSN) EVP Thomas Indelicarto Receives 4,810-Share Award
What Happened
Thomas C. Indelicarto, EVP, General Counsel & Secretary of VeriSign (VRSN), had 4,810 performance-based restricted stock units (PSUs) vest in full on February 5, 2026 (grant reported as acquisition at $0.00). As part of the vesting, 1,594.966 shares were delivered/withheld to the company to satisfy tax withholding obligations at $242.62 per share, totaling $386,971. The award also included 41.9664 dividend-equivalent shares credited on vesting.
Key Details
- Transaction dates: PSUs vested and shares issued/withheld on 2026-02-05; Form 4 filed 2026-02-06 (appears timely).
- Award: 4,810 PSUs granted/treated as acquired at $0.00 on vesting.
- Tax withholding/disposition: 1,594.966 shares disposed at $242.62 per share for $386,971 (exempt disposition under Rule 16b-3).
- Dividend equivalents: 41.9664 shares included as dividend equivalents on the PSU award.
- Shares owned after transaction: Not specified in this filing.
- Footnotes: PSUs were originally awarded Feb 13, 2023; performance was measured and final award determined Feb 5, 2026; withholding was by delivery/withholding of shares to cover taxes.
Context
These were performance-based RSUs that vested based on achievement of goals (not an open-market sale or purchase). The share disposition was a routine tax-withholding action (common on vesting) and is reported as exempt under Rule 16b-3. At the $242.62 per-share figure used for withholding, the 4,810 vested shares would be worth roughly $1.17M, while the withheld portion covered about $387K in taxes.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-02-05+4,810→ 43,783.983 total - Tax Payment
Common Stock
[F3]2026-02-05$242.62/sh−1,594.966$386,971→ 42,189.016 total
Footnotes (3)
- [F1]On February 13, 2023, Reporting Person was awarded performance-based restricted stock units (PSUs). On February 5, 2026, actual performance against goals was determined for the performance period of such award and the Reporting Person was awarded 4,810 PSUs. Each PSU represents a contingent right to receive one (1) share of VeriSign common stock once vested. The PSUs vested in full on February 5, 2026.
- [F2]Includes 41.9664 shares of common stock which were acquired on February 5, 2026 as a result of dividend equivalents paid pursuant to the terms of the 2023 PSU Award Agreement.
- [F3]Disposition of shares exempt under Rule 16b-3 as payment of tax liability to Company by delivery or withholding securities incident to vesting of restricted stock units.