Affiliates of Berkshire Hathaway are set to sell 4.3 million shares of VeriSign Inc. common stock at a price of $285 per share. The sale is being conducted through a secondary offering managed by J.P. Morgan Securities LLC. The primary purpose of this transaction is to reduce Berkshire Hathaway's ownership stake in VeriSign to below the 10% threshold, which will help in avoiding additional regulatory requirements. VeriSign itself will not receive any proceeds from this sale, with all proceeds going to the selling stockholders. No market reaction analysis was available in the initial reports.