Indelicarto Thomas C 4
Research Summary
AI-generated summary
Verisign (VRSN) EVP & General Counsel Thomas Indelicarto Sells 500 Shares
What Happened Thomas C. Indelicarto, Executive Vice President, General Counsel & Secretary of Verisign, reported an open-market sale of 500 shares of VRSN stock on July 20, 2026. The shares were sold at $280.00 per share, for a total transaction value of $140,000. This was a sale (code "S" on the Form 4), which is typically a disposition rather than a purchase.
Key Details
- Transaction date: July 20, 2026; Form 4 filed July 22, 2026 (timely filing).
- Price and amount: 500 shares sold at $280.00 per share; total proceeds $140,000.
- Transaction type: Sale reported under code "S" (open-market or private sale); filing indicates an open-market sale.
- Shares owned after transaction: Not specified in the publicly filed Form 4.
- Footnotes/plan notices: No 10b5-1 plan, tax-withholding, or other footnotes were disclosed in the filing.
Context
- Sales by executives can reflect many reasons (diversification, liquidity needs, pre-set plans) and are not, by themselves, a read on company fundamentals. This report is a routine disclosure of an insider sale; no option exercise, award, or gift was involved.