Form 4: Varonis Systems Director Avrohom J. Kess Reports Acquisition and Disposal of Shares
SEC Form 4 Filing
Director Avrohom J. Kess reports acquisition of restricted stock units and disposal of common stock.
Summary
- On May 8, 2025, Avrohom J. Kess, a director of Varonis Systems Inc., acquired 4,178 restricted stock units (RSUs).
- These RSUs will vest on May 31, 2026, at which point Kess will receive an equal number of common shares.
- Kess also disposed of 31,603 shares of common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing, reflecting routine transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC to ensure transparency in trading activities by company insiders. This filing indicates changes in the holdings of a director at Varonis Systems.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the transactions of a company director.
Key Dates
| Date | Description |
|---|---|
| 05/08/2025 | Date of transaction: acquisition of restricted stock units and disposal of common stock. |
| 05/09/2025 | Date of signature on the report. |
| 05/31/2026 | Vesting date for the restricted stock units. |
Keywords
Form 4, Varonis Systems, VRNS, Director, Avrohom J. Kess, Restricted Stock Units, Common Stock, Beneficial Ownership, SEC Filing
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