Form 4: Varonis Director Receives Equity Grant

Director Fred van den Bosch was granted 7,224 restricted stock units by Varonis Systems, Inc.

Summary

• Director Fred van den Bosch acquired 7,224 restricted stock units (RSUs) on April 30, 2026.
• The RSUs were granted at a price of $0 per share.
• Following this transaction, the director's total beneficial ownership of common stock is 135,890 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on company operations or financial outlook.

Positives

• The equity grant aligns the director's interests with those of shareholders through long-term stock ownership.

Negatives

• None identified.

Risks

• None identified.

Future Outlook

The restricted stock units are scheduled to vest on May 31, 2027, at which point the shares will be deliverable to the reporting person.

Industry Context

StockSavvy.ai notes that equity grants to non-employee directors are standard corporate governance practice to ensure alignment with shareholder interests in the cybersecurity software sector.

Comparison to Industry Standards

• The grant of restricted stock units to 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 compensation.

Stakeholder Impact

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

Next Steps

• Vesting of the 7,224 restricted stock units on May 31, 2027.

Key Dates

Keywords

Varonis Systems, VRNS, Form 4, Insider Trading, Equity Compensation, Director Ownership