VeriSign Announces Board and Executive Changes
Ticker: VRSN · Form: 8-K · Filed: Oct 8, 2025 · CIK: 1014473
| Field | Detail |
|---|---|
| Company | Verisign Inc/Ca (VRSN) |
| Form Type | 8-K |
| Filed Date | Oct 8, 2025 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.001, $50,000, $250,000, m |
| Sentiment | neutral |
Sentiment: neutral
Topics: governance, executive-compensation, board-changes
Related Tickers: VRSN
TL;DR
VeriSign shakes up its board and exec pay structure.
AI Summary
VeriSign, Inc. announced on October 6, 2025, changes related to its board of directors and executive compensation. The filing details the departure of certain officers, the election of new directors, and adjustments to compensatory arrangements for key personnel.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — The filing reports routine corporate governance changes without immediate financial implications.
Key Players & Entities
- VeriSign, Inc. (company) — Registrant
- October 6, 2025 (date) — Date of earliest event reported
FAQ
What specific roles have been affected by the departure of certain officers?
The filing indicates the departure of certain officers but does not specify the exact roles in this summary.
Who are the newly elected directors?
The filing states that directors have been elected but does not name them in this summary.
What are the key changes in the compensatory arrangements for certain officers?
The filing mentions adjustments to compensatory arrangements but does not detail them in this summary.
What is the primary reason for these changes in board and executive composition?
The filing does not explicitly state the primary reason for these changes.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on October 6, 2025.
Filing Stats: 682 words · 3 min read · ~2 pages · Grade level 11.5 · Accepted 2025-10-08 16:37:01
Key Financial Figures
- $0.001 — ange on which registered Common Stock, $0.001 Par Value Per Share VRSN Nasdaq Global
- $50,000 — will receive an annual cash retainer of $50,000 and an annual equity award grant of $25
- $250,000, m — 000 and an annual equity award grant of $250,000, made solely in the form of restricted sto
Filing Documents
- vrsn-20251006.htm (8-K) — 31KB
- 0001014473-25-000042.txt ( ) — 145KB
- vrsn-20251006.xsd (EX-101.SCH) — 2KB
- vrsn-20251006_lab.xml (EX-101.LAB) — 21KB
- vrsn-20251006_pre.xml (EX-101.PRE) — 12KB
- vrsn-20251006_htm.xml (XML) — 3KB
02
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Effective October 6, 2025, the Board of Directors (the "Board") of VeriSign, Inc. (the "Company") appointed Matthew J. Desch to the Board, increasing the size of the Board from seven to eight directors. Mr. Desch currently serves as Chief Executive Officer and a director of Iridium Communications Inc., a global mobile, voice, and data satellite communications company, a position he has held since 2009. As a non-employee director, Mr. Desch will receive an annual cash retainer of $50,000 and an annual equity award grant of $250,000, made solely in the form of restricted stock units. New directors are granted an equity award equal to the pro rata amount of such annual equity award, the amount of which is determined based on the date of such new director's appointment or election to the Board. His cash retainer will also be prorated to reflect his service for a portion of the year. In addition, the Company will enter into an indemnity agreement with Mr. Desch pursuant to which the Company is required to indemnify him against certain liabilities that may arise by reason of his status or service as a director of the Company and to advance expenses to him arising from the investigation, defense, settlement or appeal of these liabilities. The Company's standard form of indemnity agreement was previously filed as Exhibit 10.01 to the Company's Quarterly Report on Form 10-Q for the quarter ended March 31, 2010 filed with the Securities and Exchange Commission on April 28, 2010. There was no arrangement or understanding between Mr. Desch and any other person pursuant to which Mr. Desch was appointed as a director of the Company. There have been no transactions involving the Company or any of its subsidiaries in which Mr. Desch has or will have a direct or indirect material interest that are required to be disc
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. VERISIGN, INC. Date: October 8, 2025 By: /s/ Thomas C. Indelicarto Thomas C. Indelicarto Executive Vice President, General Counsel and Secretary