Form 4: Varonis Director Rachel Prishkolnik Receives RSU Grant

Varonis Systems director Rachel Prishkolnik was granted 7,224 restricted stock units vesting in May 2027.

Summary

• Director Rachel Prishkolnik acquired 7,224 restricted stock units (RSUs) of Varonis Systems, Inc. (VRNS).
• The transaction occurred on April 30, 2026, at a price of $0 per share as part of an equity grant.
• Following this transaction, the reporting person's total beneficial ownership increased to 32,938 shares of common stock.
• The RSUs are scheduled to vest on May 31, 2027, at which point the shares will be deliverable.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral administrative filing regarding routine director compensation.

Positives

• Alignment of director interests with long-term shareholder value through equity-based compensation.

Negatives

• None identified; this is a standard equity compensation disclosure for a board member.

Risks

• None identified; this filing relates to routine director compensation.

Future Outlook

The RSUs will vest on May 31, 2027, resulting in the delivery of an equal number of common stock shares to the director.

Industry Context

StockSavvy.ai notes that equity grants to board members are standard corporate governance practices designed to incentivize long-term oversight and alignment with shareholder interests in the cybersecurity sector.

Comparison to Industry Standards

• The grant of RSUs to non-employee directors is consistent with standard compensation practices for publicly traded technology companies.
• The vesting period of approximately 13 months is within the typical range for director equity awards.

Stakeholder Impact

• Minimal impact on shareholders as this is a standard equity compensation event.

Next Steps

• Vesting of the 7,224 RSUs on May 31, 2027.

Key Dates

Keywords

Varonis Systems, VRNS, Form 4, Insider Trading, Director Compensation, Restricted Stock Units