05:58 PM EDT, 07/28/2025 (MT Newswires) -- VeriSign ( VRSN ) shares fall over 6% in afterhours trading session late Monday following a secondary offering of 4.3 million shares by affiliates of Berkshire Hathaway ( BRK/A ) (BRK.A, BRK.B).

The company said the offering is taking place in order to keep Berkshire Hathaway's ( BRK/A ) stake in VeriSign ( VRSN ) under 10% to avoid regulatory obligations.

The selling stockholders also plan to grant the underwriter a 30-day option to buy up to an additional 515,032 shares, the company said.