VeriSign Director Courtney Armstrong Receives RSU Award

What Happened
Courtney D. Armstrong, a director of VeriSign, Inc. (VRSN), was awarded 900 restricted stock units (RSUs) on July 20, 2026. The Form 4 reports an award/acquisition of 900 shares at $0.00 (no cash paid). Per the filing footnote, each RSU represents the right to one share when vested; this grant vests 100% on the date of grant and delivery is subject to applicable taxes.

Key Details

• Transaction date: July 20, 2026; Form 4 filed July 22, 2026 (appears timely — filed within common 2-business-day window).
• Transaction type/code: Award/Grant (A).
• Amount: 900 RSUs; reported acquisition price $0.00 (no cash exchanged).
• Vesting/delivery: 100% vested on grant date; shares delivered subject to tax withholding (see footnote F1).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnote F1 summary: RSUs convert to one share each when vested; grant vests fully on the grant date and taxes apply on delivery.

Context
RSUs are a form of compensation/retention award, not an open-market purchase or sale. Because the award vested immediately, Armstrong is entitled to receive the underlying shares (subject to tax withholding) rather than making a cash purchase. Such grants are routine for directors and do not by themselves indicate a buy/sell signal.