Indelicarto Thomas C 4
4 · VERISIGN INC/CA · Filed Feb 17, 2026
Research Summary
AI-generated summary of this filing
Verisign EVP Thomas Indelicarto Withholds Shares to Pay Taxes
What Happened
Thomas C. Indelicarto, Executive Vice President, General Counsel & Secretary of Verisign (VRSN), had a total of 1,573.205 shares disposed/withheld on Feb 15, 2026 to satisfy tax withholding obligations tied to vested restricted stock units. The shares were valued at $219.03 each, for a total value of $344,579. This was a routine tax-withholding disposition (not an open‑market sale or a purchase).
Key Details
- Transaction date: 2026-02-15; Filing date: 2026-02-17 (appears to be filed within the standard Form 4 timing window).
- Price per share: $219.03.
- Individual withholdings reported: 159.062 shares ($34,839); 213.101 shares ($46,675); 253.877 shares ($55,607); 947.165 shares ($207,458). Total = 1,573.205 shares / $344,579.
- Shares owned after transaction: not specified in the provided excerpt.
- Footnote: F1 — disposals were exempt under Rule 16b‑3 as payment of tax liability to the company by delivery or withholding of securities incident to vesting of RSUs.
- Transaction code: F (tax withholding).
Context
Tax-withholding by delivering or withholding shares upon RSU vesting is a common, administrative transaction and does not necessarily indicate insider sentiment about the company. This was not an exercise-and-sell open-market transaction; it was a company withholding to cover taxes.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-02-15$219.03/sh−159.062$34,839→ 41,863.954 total - Tax Payment
Common Stock
[F1]2026-02-15$219.03/sh−213.101$46,675→ 41,650.853 total - Tax Payment
Common Stock
[F1]2026-02-15$219.03/sh−253.877$55,607→ 41,396.976 total - Tax Payment
Common Stock
[F1]2026-02-15$219.03/sh−947.165$207,458→ 40,449.811 total
Footnotes (1)
- [F1]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.