secwatch.observer — SEC 8-K summary
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Issuer:     VERISIGN INC/CA (VRSN)
CIK:        0001014473
Form:       8-K/A
Filed at:   2025-04-25T23:59:59+00:00
Accession:  0001014473-25-000023
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

VeriSign appoints John D. Calys as CFO effective June 1, 2025; compensation disclosed
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- John D. Calys promoted from SVP, Global Controller and CAO to EVP, CFO, succeeding retiring George Kilguss.
- Base salary $500,000; annual target bonus up to 100% of base, effective June 1, 2025.
- Receives time-vested RSUs valued at ~$700,000; vesting 25% on June 15, 2026, then quarterly.
- Performance-based RSUs valued at ~$700,000; performance period Jan 1, 2025 – Dec 31, 2027.
- Both RSU grants determined by June 2, 2025 closing price; granted under 2006 Equity Incentive Plan.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1014473/000101447325000023/0001014473-25-000023-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1014473/000101447325000023/vrsn-20250213.htm
  HTML page:      https://secwatch.observer/filing/0001014473-25-000023

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