On July 28, 2025, Berkshire Hathaway announced an underwritten secondary offering to sell 4,300,000 shares of VeriSign common stock. The shares were priced at $285.00 each, generating approximately $1.23 billion for Berkshire Hathaway.
The sale was specifically structured to reduce Berkshire Hathaway's beneficial ownership in VeriSign below the ten percent threshold, which triggers additional regulatory obligations. VeriSign itself was not a seller in the offering and did not receive any proceeds from the transaction.
Following the offering, Berkshire Hathaway has voluntarily agreed to a 365-day lock-up agreement for its remaining shares. This significant divestment by a long-term major investor, while for regulatory compliance, marks a notable change in VeriSign's shareholder structure.
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