Indelicarto Thomas C 4
4 · VERISIGN INC/CA · Filed Mar 11, 2026
Research Summary
AI-generated summary of this filing
Verisign (VRSN) EVP Thomas C. Indelicarto Sells 332 Shares
What Happened
Thomas C. Indelicarto, EVP, General Counsel & Secretary of Verisign, reported an open-market sale of 332 shares on March 10, 2026. The shares were sold at $240.62 each for a total proceeds of approximately $79,886. This was a sale (not a purchase), which is often routine insider liquidity rather than a clear signal about company prospects.
Key Details
- Transaction date: 2026-03-10 (reported on Form 4 filed 2026-03-11)
- Transaction type: Open-market sale (Code S)
- Shares sold: 332 at $240.62 per share — total ≈ $79,885.84 ($79,886)
- Shares owned after transaction: Not disclosed in this filing
- Footnotes/plan: No 10b5-1 plan, tax withholding, or other special footnotes indicated in the reported transaction
- Filing timeliness: Reported the next day (appears timely)
Context
Insider sales are common for liquidity or diversification and do not by themselves indicate management sentiment about the business. This sale was modest in size (about $80k). No indication in the filing that Indelicarto is a 10% owner or that this was tied to an option exercise or award; it was a straightforward open-market sale.
Insider Transaction Report
- Sale
Common Stock
2026-03-10$240.62/sh−332$79,886→ 39,696.258 total