Berkshire Hathaway, led by Warren Buffett, has sold approximately one-third of its stake in VeriSign, an internet infrastructure and domain name registry company, reducing its ownership from 14.2% to 9.6%. The sale involved 4.3 million shares priced between $285 and $290 each, generating roughly $1.23 billion before taxes. This secondary offering was executed to lower Berkshire Hathaway's beneficial ownership below the 10% threshold, thereby avoiding additional regulatory disclosure requirements. Berkshire Hathaway has held its investment in VeriSign since 2012 and will retain about 9 million shares following the transaction. The sale comes after VeriSign's stock gained nearly 50% year-to-date. Shares of VeriSign declined by around 5% to 6.7% in after-hours and pre-market trading following the announcement.