Verisign (VRSN) EVP Thomas Indelicarto Sells Shares for Tax Withholding

What Happened
Thomas C. Indelicarto, EVP, General Counsel & Secretary of Verisign (VRSN), disposed of a total of 707.363 shares on August 15, 2026 as payment of tax liability related to vested restricted stock units. The three withholdings were: 214.074 shares, 255.431 shares and 237.858 shares, each priced at $284.24, for total proceeds of roughly $201,061. These were withholding/disposition transactions to cover taxes—not open-market sales.

Key Details

• Transaction date: 2026-08-15; Price per share: $284.24.
  • 214.074 shares → $60,848 (approx)
  • 255.431 shares → $72,604 (approx)
  • 237.858 shares → $67,609 (approx)
• Total shares withheld/disposed: 707.363; total value ≈ $201,061.
• Shares owned after the transaction: not specified in the filing.
• Footnote: These dispositions are exempt under Rule 16b-3 as payment of tax liability by delivery/withholding of shares incident to RSU vesting (code F / F1).
• Filing: Report filed 2026-08-18 for transactions on 2026-08-15 — appears to be timely (filed within required business-day window).

Context
This was a routine tax-withholding action tied to the vesting of restricted stock units (RSUs). Such withholdings are common and do not necessarily indicate the insider is taking a market-view-based profit or signaling a change in sentiment. Transaction code F denotes tax withholding rather than an open-market sale (code S) or purchase (code P).