Verisign 4: Statement of changes in beneficial ownership of securities

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VERISIGN INC/CA

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A general explanation and summary of the document:

• What is this document?
  This is SEC Form 4, a filing required under Section 16(a) of the Securities Exchange Act of 1934. It is used to disclose changes in the beneficial ownership of a company’s securities by its officers, directors, or significant shareholders.
• Key Details:
  • Filer Information:
    • Name: Danny R. McPherson.
    • Address: 12061 Bluemont Way, Reston, VA 20190.
    • Position: Executive Vice President (EVP) - Technology & Chief Security Officer (CSO) at VeriSign, Inc.
      
  • Issuer Information:
    • Name: VeriSign, Inc.
    • Ticker Symbol: VRSN.
      
  • Transaction Information:
    • Transaction Date: December 2, 2024.
    • Type: Sale of common stock.
    • Shares Sold: 2,092 shares.
    • Price: $192.4343 per share (weighted average).
    • Total Value: Approximately $402,572.58.
    • Remaining Shares Owned: 26,157 shares (direct ownership).
      
  • Derivative Securities:
    No derivative securities were acquired, disposed of, or held after the transaction.
    
• Additional Notes:
  • The price reported is a weighted average. The shares were sold in multiple transactions ranging from $192.39 to $192.435. Detailed transaction information is available upon request.
    
  • The form was signed on December 3, 2024, by Thomas C. Indelicarto, acting under Power of Attorney for Danny R. McPherson.
    
• Purpose of Form 4:
  • It ensures transparency in insider trading and compliance with regulations on changes in securities ownership.
    
  • Provides the public and market participants with timely information about insider transactions.