VERISIGN INC/CA·4

Feb 5, 4:40 PM ET

McPherson Danny R 4

Research Summary

AI-generated summary

Updated

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.