VeriSign CEO Sells Shares for $979,000
D. James Bidzos, the CEO of VeriSign (VRSN), sold 3,300 shares on September 15, 2026, in a discretionary transaction valued at approximately $979,000 based on an average sale price of $296.58 per share. Following this sale, Bidzos retained ownership of around 388,327 directly held shares, representing roughly 0.43% of the company's total equity stake. VeriSign operates as a key internet infrastructure provider and registry operator for .com and .net domains, maintaining high margins through subscription-based services. The stock closed at $298.46 on September 16, slightly above the execution price used in Bidzos' transaction. Despite this sale being relatively small compared to his overall holdings, it reflects a minor liquidity move by an executive who remains significantly invested in VeriSign's long-term performance. The company reported strong financials with $1.7 billion in trailing twelve-month revenue and net income of $850 million. It also raised its 2026 full-year guidance due to increased domain registrations, indicating robust demand for its services.
Tickers: $VRSN
Topics: executive_sales sec_form_4 verisign