McPherson Danny R 4
4 · VERISIGN INC/CA · Filed Feb 5, 2026
Research Summary
AI-generated summary of this filing
Verisign EVP Danny McPherson Receives RSU Award
What Happened
Danny R. McPherson, Executive VP — Technology & Chief Security Officer of Verisign, was awarded 10,459 restricted stock units (RSUs) on February 3, 2026. The grant is reported at $0.00 per share (awarded, not purchased), so no cash changed hands at grant. Each RSU is a contingent right to one share of Verisign common stock upon vesting.
Key Details
- Transaction date: February 3, 2026; Form 4 filed February 5, 2026 (two days after the grant).
- Grant size and price: 10,459 RSUs @ $0.00 (award).
- Vesting: 25% vests on February 15, 2027, then ratably at 6.25% each quarter for the following 12 quarters (full vesting over time). Taxes will be settled upon delivery of shares. (Footnote F1)
- Shares owned after transaction: the filing excerpt does not list a full post-grant total; Table I’s direct holdings include 89 shares acquired Jan 30, 2026 under the employee stock purchase plan. (Footnote F2)
- Transaction type code: A = Award/Grant (RSUs). No indication this was a sale or exercise.
Context
RSU grants are a common form of executive compensation and are not an immediate market purchase or sale — they convert to actual shares only as they vest. This award appears to be a retention/compensation grant with a multi-quarter vesting schedule; it should be treated differently from open-market purchases when assessing insider sentiment.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-02-03+10,459→ 38,532.659 total
Footnotes (2)
- [F1]On February 3, 2026, Reporting Person was awarded restricted stock units (RSUs). Each RSU represents a contingent right to receive one (1) share of VeriSign, Inc. common stock once vested. The grant vests 25% on February 15, 2027 and ratably (6.25%) each of the following twelve quarters thereafter, subject to applicable taxes upon delivery.
- [F2]Reporting Person's total direct holdings disclosed in Table I, Item 5 under Amount of Securities Beneficially Owned Following Reported Transaction(s) includes 89 shares acquired January 30, 2026 under the VeriSign 2007 Employee Stock Purchase Plan.