Verisign said on July 28, 2025 it entered into an Underwriting Agreement with Berkshire Hathaway Consolidated Pension Plan Master Trust, Burlington Northern Santa Fe, LLC Master Retirement Trust and J.P. Morgan Securities LLC. The Selling Stockholders are offering and selling 4,300,000 shares at $285.00 per share.

8-KOther EventsFiled Jul 30, 2025Period of report Jul 28, 2025Summary published (UTC) Oct 13, 2026

Key points

AI summary

Verisign said on July 28, 2025 it entered into an Underwriting Agreement with Berkshire Hathaway Consolidated Pension Plan Master Trust, Burlington Northern Santa Fe, LLC Master Retirement Trust and J.P. Morgan Securities LLC. The Selling Stockholders are offering and selling 4,300,000 shares at $285.00 per share.
The company said it is not selling any shares in the Offering and will not receive any proceeds from the Offering. The Selling Stockholders will receive all of the proceeds, and the Offering is expected to close on July 30, 2025.
Verisign said the Offering is sized in order to reduce Berkshire Hathaway Inc.'s beneficial ownership of the Company below the ten percent threshold that triggers additional regulatory obligations. It explained that affiliates of Berkshire Hathaway Inc. have been stockholders of the Company since 2012.
The company said Berkshire Hathaway Inc. has voluntarily agreed with the Underwriter that the remaining shares of Common Stock beneficially owned by Berkshire Hathaway Inc. and its affiliates following the Offering will be subject to a 365-day lock-up agreement. It added that the Selling Stockholders have granted the Underwriter a 30-day option to purchase up to an additional 515,032 shares of Common Stock.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Underwriting Agreement Entered Into on July 28, 2025; 4,300,000 Shares Offered for Sale

Verisign said on July 28, 2025 it entered into an Underwriting Agreement with Berkshire Hathaway Consolidated Pension Plan Master Trust, Burlington Northern Santa Fe, LLC Master Retirement Trust and J.P. Morgan Securities LLC. The Selling Stockholders are offering and selling 4,300,000 shares at $285.00 per share.

Source · Based on the filing body and exhibits

Selling Stockholders to Receive All Offering Proceeds; Verisign to Receive No Proceeds

The company said it is not selling any shares in the Offering and will not receive any proceeds from the Offering. The Selling Stockholders will receive all of the proceeds, and the Offering is expected to close on July 30, 2025.

Source · Based on the filing body and exhibits

Offering size and Berkshire Hathaway Inc.'s ten percent threshold

Verisign said the Offering is sized in order to reduce Berkshire Hathaway Inc.'s beneficial ownership of the Company below the ten percent threshold that triggers additional regulatory obligations. It explained that affiliates of Berkshire Hathaway Inc. have been stockholders of the Company since 2012.

Source · Based on the filing body and exhibits

365-day Lock-Up Agreement and 30-Day Option to Purchase 515,032 Additional Shares

The company said Berkshire Hathaway Inc. has voluntarily agreed with the Underwriter that the remaining shares of Common Stock beneficially owned by Berkshire Hathaway Inc. and its affiliates following the Offering will be subject to a 365-day lock-up agreement. It added that the Selling Stockholders have granted the Underwriter a 30-day option to purchase up to an additional 515,032 shares of Common Stock.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

View the original filing on SEC EDGAR ↗

Unauthorized scraping, data storage and database creation prohibited

Without prior written consent, you must not crawl or scrape data compiled and organized by Chickstock or its analysis and summaries, or collect them repeatedly or in bulk for storage, ingestion or database creation. Repurposing, redistribution, sale and use to build other services are also prohibited.

Unauthorized use may result in access restrictions, demands to stop infringement and delete copies, and claims for damages. Violations of applicable law may also give rise to criminal liability.

Uses permitted by law, the Terms of Service or a separate agreement remain subject to their respective scope. Rights in individual source materials, including original filings, remain with their respective rights holders.