Verisign EVP, Gen Counsel Thomas C Indelicarto Sells 501 Shares at $270.46/Share.

VeriSign Inc. (NASDAQ: VRSN) has announced that EVP, General Counsel & Secretary Thomas C. Indelicarto has executed a transaction involving the sale of 501 shares at a price of $270.46 per share on September 2, 2025.

VeriSign Inc. (NASDAQ: VRSN) has reported that Executive Vice President, General Counsel & Secretary Thomas C. Indelicarto has sold 501 shares of the company's stock on September 2, 2025. The transaction occurred at an average price of $270.46 per share, according to the latest SEC filings [2].

The sale, which was disclosed on August 12, 2025, resulted in a 1.34% decrease in Indelicarto's ownership of VeriSign stock. Prior to the sale, Indelicarto owned 36,767 shares, valued at approximately $9,724,871.50. Following the transaction, his direct ownership of the company's stock is now 36,266 shares, valued at approximately $9,635,631.50.

This sale comes amidst a period of significant institutional investment in VeriSign. In the first quarter of 2025, several large investors, including Landscape Capital Management L.L.C., Rakuten Securities Inc., Caitong International Asset Management Co. Ltd., UMB Bank n.a., Cromwell Holdings LLC, and Y.D. More Investments Ltd., increased their stakes in the company. These transactions highlight the ongoing interest in VeriSign's stock, despite the recent sale by Indelicarto [1].

VeriSign has been performing well financially, with a 5.9% year-over-year revenue increase in the last quarter and earnings of $2.21 per share, slightly exceeding analyst expectations. The company has also authorized a stock buyback program, indicating confidence in its stock's undervaluation. Additionally, VeriSign recently paid a quarterly dividend of $0.77 per share, offering an annualized yield of 1.1% [1].

The recent share sale by Indelicarto may not significantly impact VeriSign's overall stock performance, given the positive financial outlook and continued institutional interest. However, investors should monitor the company's earnings reports and other key metrics to assess the potential impact of such transactions on the stock's valuation.

References:
[1] https://www.marketbeat.com/instant-alerts/filing-landscape-capital-management-llc-purchases-shares-of-4650-verisign-inc-vrsn-2025-08-30/
[2] https://www.marketbeat.com/instant-alerts/filing-comerica-bank-sells-1527-shares-of-verisign-inc-vrsn-2025-09-01/