VeriSign Announces Board and Executive Changes
Ticker: VRSN · Form: 8-K · Filed: 2025-10-08T00:00:00.000Z
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.
From the Filing
0001014473-25-000042.txt : 20251008 0001014473-25-000042.hdr.sgml : 20251008 20251008163701 ACCESSION NUMBER: 0001014473-25-000042 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 12 CONFORMED PERIOD OF REPORT: 20251006 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20251008 DATE AS OF CHANGE: 20251008 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 EIN: 943221585 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-23593 FILM NUMBER: 251382700 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 8-K 1 vrsn-20251006.htm 8-K vrsn-20251006 VERISIGN INC/CA 0001014473 false 0001014473 2025-10-06 2025-10-06 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): October 6, 2025 VERISIGN, INC. (Exact Name of Registrant as Specified in its Charter) Delaware (State or Other Jurisdiction of Incorporation) 000-23593 94-3221585 (Commission File Number) (IRS Employer Identification No.) 12061 Bluemont Way,   Reston, Virginia 20190 (Address of principal executive offices)   (Zip Code) ( 703 ) 948-3200 (Registrant's Telephone Number, Including Area Code) Not applicable (Former Name or Former Address, if Changed Since Last Report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $0.001 Par Value Per Share VRSN Nasdaq Global Select Market Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company  ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ 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 director