VeriSign Inc. Files Definitive Proxy Statement (DEF 14A)

Ticker: VRSN · Form: DEF 14A · Filed: 2024-04-10T00:00:00.000Z

Sentiment: neutral

Topics: VeriSign, DEF 14A, Proxy Statement, Executive Compensation, Stock Awards

TL;DR

<b>VeriSign Inc. filed its Definitive Proxy Statement (DEF 14A) detailing executive compensation and stock awards for fiscal years 2020-2023.</b>

AI Summary

VERISIGN INC/CA (VRSN) filed a Proxy Statement (DEF 14A) with the SEC on April 10, 2024. VeriSign Inc. filed a Definitive Proxy Statement (DEF 14A) on April 10, 2024. The filing covers the fiscal year ending December 31, 2023. Information regarding stock awards granted and their fair values for 2023, 2022, 2021, and 2020 is detailed. Executive compensation data, including stock awards for PEO and Non-PEO members, is presented. The company's principal executive offices are located in Reston, VA.

Why It Matters

For investors and stakeholders tracking VERISIGN INC/CA, this filing contains several important signals. This filing provides shareholders with crucial information regarding executive compensation, including stock awards and their valuations, which can influence voting decisions on executive pay. The detailed breakdown of stock awards across different executive tiers (PEO and Non-PEO) and fiscal years allows for analysis of compensation trends and potential equity dilution.

Risk Assessment

Risk Level: — VERISIGN INC/CA shows moderate risk based on this filing. The filing is a routine DEF 14A, providing standard disclosures on executive compensation and corporate governance, with no immediate red flags.

Analyst Insight

Shareholders should review the executive compensation details and stock award information to inform their voting decisions on relevant proposals.

Key Numbers

2023-12-31 — Fiscal Year End (Reporting Period)
2024-04-10 — Filing Date (Submission Date)
2020-01-01 to 2023-12-31 — Stock Award Data Range (Fiscal Years Covered)

Key Players & Entities

VERISIGN INC/CA (company) — Filer
2024-04-10 (date) — Filing Date
Reston, VA (location) — Business Address
1231 (date) — Fiscal Year End

FAQ

When did VERISIGN INC/CA file this DEF 14A?

VERISIGN INC/CA filed this Proxy Statement (DEF 14A) with the SEC on April 10, 2024.

What is a DEF 14A filing?

A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by VERISIGN INC/CA (VRSN).

Where can I read the original DEF 14A filing from VERISIGN INC/CA?

You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by VERISIGN INC/CA.

What are the key takeaways from VERISIGN INC/CA's DEF 14A?

VERISIGN INC/CA filed this DEF 14A on April 10, 2024. Key takeaways: VeriSign Inc. filed a Definitive Proxy Statement (DEF 14A) on April 10, 2024.. The filing covers the fiscal year ending December 31, 2023.. Information regarding stock awards granted and their fair values for 2023, 2022, 2021, and 2020 is detailed..

Is VERISIGN INC/CA a risky investment based on this filing?

Based on this DEF 14A, VERISIGN INC/CA presents a moderate-risk profile. The filing is a routine DEF 14A, providing standard disclosures on executive compensation and corporate governance, with no immediate red flags.

What should investors do after reading VERISIGN INC/CA's DEF 14A?

Shareholders should review the executive compensation details and stock award information to inform their voting decisions on relevant proposals. The overall sentiment from this filing is neutral.

How does VERISIGN INC/CA compare to its industry peers?

VeriSign operates in the domain name registry and internet security services sector, providing critical infrastructure for the internet.

Are there regulatory concerns for VERISIGN INC/CA?

As a public company, VeriSign is subject to SEC regulations, including the requirement to file proxy statements for shareholder meetings and disclosures.

Industry Context

VeriSign operates in the domain name registry and internet security services sector, providing critical infrastructure for the internet.

Regulatory Implications

As a public company, VeriSign is subject to SEC regulations, including the requirement to file proxy statements for shareholder meetings and disclosures.

What Investors Should Do

Analyze the stock award grants for PEO and Non-PEO members for fiscal years 2020-2023.
Review the fair value changes of unvested and vested equity granted in prior years.
Compare executive compensation trends across the reported fiscal years.

Key Dates

2024-05-23: Conformed Period of Report — Indicates the period the filing is reporting on.
2024-04-10: Filed As Of Date — Date the filing was officially submitted to the SEC.

Year-Over-Year Comparison

This is a DEF 14A filing, which is a standard disclosure document. No prior filing is directly comparable in this format.

From the Filing

0001014473-24-000015.txt : 20240410 0001014473-24-000015.hdr.sgml : 20240410 20240410163702 ACCESSION NUMBER: 0001014473-24-000015 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 46 CONFORMED PERIOD OF REPORT: 20240523 FILED AS OF DATE: 20240410 DATE AS OF CHANGE: 20240410 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VERISIGN INC/CA CENTRAL INDEX KEY: 0001014473 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING SERVICES [7371] ORGANIZATION NAME: 06 Technology IRS NUMBER: 943221585 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 000-23593 FILM NUMBER: 24836280 BUSINESS ADDRESS: STREET 1: 12061 BLUEMONT WAY STREET 2: ATTN: GENERAL COUNSEL CITY: RESTON STATE: VA ZIP: 20190 BUSINESS PHONE: 7039483200 MAIL ADDRESS: STREET 1: 12061 BLUEMONT WAY STREET 2: ATTN: GENERAL COUNSEL CITY: RESTON STATE: VA ZIP: 20190 DEF 14A 1 vrsn-20240410.htm DEF 14A vrsn-20240410 VERISIGN INC/CA 0001014473 DEF 14A FALSE 0001014473 2023-01-01 2023-12-31 iso4217:USD 0001014473 2022-01-01 2022-12-31 0001014473 2021-01-01 2021-12-31 0001014473 2020-01-01 2020-12-31 0001014473 ecd:PeoMember vrsn:StockAwardsGrantedDuringFiscalYearMember 2023-01-01 2023-12-31 0001014473 ecd:PeoMember vrsn:FairValueOfStockAwardsGrantedInFiscalYearThatAreUnvestedAtYearEndMember 2023-01-01 2023-12-31 0001014473 ecd:PeoMember vrsn:ChangeInFairValueOfUnvestedEquityGrantedInPriorYearsMember 2023-01-01 2023-12-31 0001014473 ecd:PeoMember vrsn:ChangeInFairValueOfVestedEquityGrantedInPriorYearsMember 2023-01-01 2023-12-31 0001014473 ecd:PeoMember vrsn:StockAwardsGrantedDuringFiscalYearMember 2022-01-01 2022-12-31 0001014473 ecd:PeoMember vrsn:FairValueOfStockAwardsGrantedInFiscalYearThatAreUnvestedAtYearEndMember 2022-01-01 2022-12-31 0001014473 ecd:PeoMember vrsn:ChangeInFairValueOfUnvestedEquityGrantedInPriorYearsMember 2022-01-01 2022-12-31 0001014473 ecd:PeoMember vrsn:ChangeInFairValueOfVestedEquityGrantedInPriorYearsMember 2022-01-01 2022-12-31 0001014473 ecd:PeoMember vrsn:StockAwardsGrantedDuringFiscalYearMember 2021-01-01 2021-12-31 0001014473 ecd:PeoMember vrsn:FairValueOfStockAwardsGrantedInFiscalYearThatAreUnvestedAtYearEndMember 2021-01-01 2021-12-31 0001014473 ecd:PeoMember vrsn:ChangeInFairValueOfUnvestedEquityGrantedInPriorYearsMember 2021-01-01 2021-12-31 0001014473 ecd:PeoMember vrsn:ChangeInFairValueOfVestedEquityGrantedInPriorYearsMember 2021-01-01 2021-12-31 0001014473 ecd:PeoMember vrsn:StockAwardsGrantedDuringFiscalYearMember 2020-01-01 2020-12-31 0001014473 ecd:PeoMember vrsn:FairValueOfStockAwardsGrantedInFiscalYearThatAreUnvestedAtYearEndMember 2020-01-01 2020-12-31 0001014473 ecd:PeoMember vrsn:ChangeInFairValueOfUnvestedEquityGrantedInPriorYearsMember 2020-01-01 2020-12-31 0001014473 ecd:PeoMember vrsn:ChangeInFairValueOfVestedEquityGrantedInPriorYearsMember 2020-01-01 2020-12-31 0001014473 ecd:NonPeoNeoMember vrsn:StockAwardsGrantedDuringFiscalYearMember 2023-01-01 2023-12-31 0001014473 ecd:NonPeoNeoMember vrsn:FairValueOfStockAwardsGrantedInFiscalYearThatAreUnvestedAtYearEndMember 2023-01-01 2023-12-31 0001014473 ecd:NonPeoNeoMember vrsn:ChangeInFairValueOfUnvestedEquityGrantedInPriorYearsMember 2023-01-01 2023-12-31 0001014473 ecd:NonNeosMember vrsn:ChangeInFairValueOfVestedEquityGrantedInPriorYearsMember 2023-01-01 2023-12-31 0001014473 ecd:NonPeoNeoMember vrsn:StockAwardsGrantedDuringFiscalYearMember 2022-01-01 2022-12-31 0001014473 ecd:NonPeoNeoMember vrsn:FairValueOfStockAwardsGrantedInFiscalYearThatAreUnvestedAtYearEndMember 2022-01-01 2022-12-31 0001014473 ecd:NonPeoNeoMember vrsn:ChangeInFairValueOfUnvestedEquityGrantedInPriorYearsMember 2022-01-01 2022-12-31 0001014473 ecd:NonNeosMember vrsn:ChangeInFairValueOfVestedEquityGrantedInPriorYearsMember 2022-01-01 2022-12-31 0001014473 ecd:NonPeoNeoMember vrsn:StockAwardsGrantedDuringFiscalYearMember 2021-01-01 2021-12-31 0001014473 ecd:NonPeoNeoMember vrsn:FairValueOfStockAwardsGrantedInFiscalYearThatAreUnves