Form 4: Varonis Systems Director, Ofer Segev, Reports Acquisition of Restricted Stock Units

Ofer Segev, a director of Varonis Systems Inc., reports the acquisition of 4,178 restricted stock units on May 8, 2025, convertible to common stock.

Summary

• On May 8, 2025, Ofer Segev, a director of Varonis Systems Inc. (VRNS), acquired 4,178 restricted stock units.
• These restricted stock units were granted to Mr. Segev and will vest on May 31, 2026.
• Upon vesting, an equal number of shares of Varonis Systems Inc. common stock will be delivered to Mr. Segev.
• Following this transaction, Mr. Segev beneficially owns 84,023 shares of Varonis Systems Inc. common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard executive compensation practices, indicating confidence in the company's future performance.

Industry Context

This Form 4 filing is a routine disclosure related to insider transactions, specifically the grant of restricted stock units to a company director. Such grants are common in the technology industry as part of executive compensation packages.

Stakeholder Impact

• The grant of restricted stock units to a director aligns the director's interests with those of the shareholders, potentially incentivizing actions that increase shareholder value.

Key Dates

Keywords

Varonis Systems Inc, Ofer Segev, Restricted Stock Units, Beneficial Ownership, VRNS, Director, Form 4, SEC Filing