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Verisign 8-K Report, Executive Changes (Jun 2, 2025)

Reports
Leadership Changes·Exhibits & Filings
Filing Date
Filed June 2, 2025
Period End
May 30, 2025
Security
VRSN
In the record · 2016–202610-K1110-Q338-K94

VRSN filed 11 annual reports (10-K), 33 quarterly reports (10-Q) and 94 current reports (8-K) between 2016 and 2026.

  1. Material agreement8-K · Jul ’17Jul ’17
  2. Leadership change8-K · Jul ’19Jul ’19
  3. Leadership change8-K · Jun ’21Jun ’21
  4. Material agreement8-K · Jun ’26Jun ’26

01—Abstract

Summary

Summary of the 8-K filed June 2, 2025. Cited figures are marked; the original filing is the authoritative source.

VeriSign, Inc. (VRSN) disclosed in this Form 8-K, filed June 2, 2025, that George E.

Kilguss III, Executive Vice President and Chief Financial Officer, retired from the Company effective May 31, 2025, as previously announced. In connection with his retirement, the Company entered into a Letter Agreement for Consulting Services dated May 30, 2025, under which Mr. Kilguss will provide consulting services from June 2, 2025 through July 24, 2025. Under the Consulting Agreement, Mr. Kilguss will receive a fee of $50,000a per month, not to exceed $100,000 in total, and will be reimbursed for reasonable travel and lodging expenses incurred in connection with the engagement.

The agreement is filed as Exhibit 10.1 to the report, and the filing also includes Inline XBRL cover page data as Exhibit 104. For investors, the filing is primarily a leadership transition disclosure: the CFO role was vacated at the end of May 2025, and the short consulting arrangement is intended to support the handover. The filing itself does not describe a successor CFO or other changes to the company's financial outlook.

02—Key points

Key Highlights

  1. George E. Kilguss III, Executive Vice President and Chief Financial Officer, retired effective May 31, 2025, as previously announced.
  2. A Letter Agreement for Consulting Services dated May 30, 2025 was entered into with Mr. Kilguss.
  3. The consulting period runs from June 2, 2025 through July 24, 2025.
  4. Consulting fee is $50,000 per month, capped at $100,000 in total.
  5. Mr. Kilguss will also be reimbursed for reasonable travel and lodging expenses related to the consulting work.
  6. The consulting agreement is filed as Exhibit 10.1 and incorporated by reference into the 8-K.
  7. Item 5.02 (departure of certain officers and compensatory arrangements) is the sole substantive item in the filing.

03—Questions

Frequently Asked Questions

  1. Who is leaving VeriSign's CFO role and when did the departure take effect?

    George E. Kilguss III, Executive Vice President and Chief Financial Officer, retired from the Company effective May 31, 2025, as previously announced.

  2. What arrangement did VeriSign make with the departing CFO?

    On May 30, 2025, the Company entered into a Letter Agreement for Consulting Services with Mr. Kilguss to provide consulting services from June 2, 2025 through July 24, 2025.

  3. How is Mr. Kilguss being compensated for the consulting services?

    He will receive $50,000 per month, not to exceed $100,000 in total, plus reimbursement for reasonable travel and lodging expenses incurred in connection with the agreement.

  4. Where can investors find the full terms of the consulting agreement?

    The full agreement is filed as Exhibit 10.1 to the Form 8-K, and the description in the filing is qualified in its entirety by reference to that exhibit.

04—Continue

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