VERISIGN INC/CA·4

Feb 17, 4:54 PM ET

Indelicarto Thomas C 4

Research Summary

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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.