A company that runs the internet's address book, Verisign operates the registries for .com, .net, .name, and .cc, and provides back-end services for .edu — the extensions behind most global e-commerce. It also maintains the DNS root zone and runs two of the thirteen global root servers, handling hundreds of billions of queries daily.
VeriSign prices $550M 5.100% Senior Notes due 2031 to fund redemption of 2027 notes
On June 18, 2026, VeriSign entered into an underwriting agreement with J.P. Morgan Securities LLC, BofA Securities, Inc., and U.S. Bancorp Investments, Inc. for a $550 million offering of 5.100% Senior Notes due 2031.
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The offering is registered under a Form S-3 registration statement (No. 333-285483) with a prospectus supplement filed June 23, 2026; closing is expected on June 26, 2026.
Net proceeds are expected to be approximately $545 million after underwriters' discounts and estimated expenses.
Proceeds, together with cash on hand, will fund the redemption of VeriSign's outstanding $550 million 4.750% Senior Notes due 2027.
The notes will be issued under a base indenture dated June 8, 2021, as supplemented by a Third Supplemental Indenture dated June 26, 2026, with U.S. Bank Trust Company, National Association as trustee.
8.01 Other Events · 9.01 Financial Statements and Exhibits
VeriSign completes $550 million offering of 5.100% Senior Notes due 2031
The notes mature on July 15, 2031, with interest payable semi-annually on January 15 and July 15, commencing January 15, 2027.
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On June 26, 2026, VeriSign, Inc. completed a registered offering of $550 million aggregate principal amount of 5.100% Senior Notes due 2031.
The notes are senior unsecured obligations, ranking equally with existing senior indebtedness and senior to future subordinated debt.
The indenture includes covenants restricting liens, sale and leaseback transactions, and mergers or asset sales, plus a change of control repurchase obligation at 101% of principal.
VeriSign may redeem the notes prior to June 15, 2031 at a make-whole premium, and at par plus accrued interest on or after that date.
1.01 Entry into a Material Definitive Agreement · 9.01 Financial Statements and Exhibits
VeriSign stockholders approve amended 2006 Equity Incentive Plan at 2026 annual meeting
The amendment makes technical and administrative revisions, including removing certain Section 162(m) provisions and clarifying cash cancellation prohibitions for underwater options or SARs.
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Stockholders approved the Amended and Restated 2006 Equity Incentive Plan, extending its termination date to May 21, 2036.
The plan does not increase the number of shares available for grant.
All seven director nominees were elected, including D. James Bidzos and Debra W. McCann, with votes ranging from 55.7 million to 76.1 million for.
Stockholders approved executive compensation on an advisory basis, ratified KPMG LLP as auditor, and rejected a proposal for an independent board chairman policy.
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · 5.07 Submission of Matters to a Vote of Security Holders · 9.01 Financial Statements and Exhibits
VeriSign director Dr. Timothy Tomlinson resigns from board for personal reasons
Dr. Timothy Tomlinson, 75, resigned from VeriSign's Board of Directors on November 21, 2025, citing personal reasons related to family and other business interests.
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His retirement was not due to any disagreement with the company regarding operations, policies, or practices.
In connection with his departure, the Board plans to appoint a Lead Independent Director and reduce the size of the Board.
Jim Bidzos, Founder, Executive Chairman, CEO, and President, praised Tomlinson's service since the company's founding in 1995, including his Audit Committee leadership.
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements