Form 4: Varonis Systems Director John J. Gavin Jr. Reports Acquisition of Restricted Stock Units

Director John J. Gavin Jr. reported the acquisition of 4,178 restricted stock units of Varonis Systems Inc. on May 8, 2025, which will vest on May 31, 2026.

Summary

• On May 8, 2025, John J. Gavin Jr., a director of Varonis Systems Inc., reported acquiring 4,178 restricted stock units (RSUs).
• These RSUs will vest on May 31, 2026, at which point Gavin will receive an equal number of Varonis Systems Inc. common stock shares.
• Following the reported transaction, Gavin directly owns 268,666 shares of Varonis Systems Inc.

Sentiment

Score: 7

Explanation: The sentiment is neutral as it reports a standard transaction of restricted stock units being granted to a director. It reflects typical executive compensation practices.

Future Outlook

The acquired restricted stock units will vest on May 31, 2026, resulting in the issuance of common stock to the reporting person.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, such as directors and officers, ensuring fair market practices.

Stakeholder Impact

• The acquisition of restricted stock units by a director aligns the director's interests with those of the shareholders, potentially incentivizing performance that benefits the company's stock value.

Key Dates

Keywords

Varonis Systems Inc., VRNS, Form 4, Restricted Stock Units, Director, John J. Gavin Jr., Beneficial Ownership, Securities