Form 4: Varonis Systems Director Ohad Korkus Reports Acquisition of Restricted Stock Units
SEC Form 4 Filing
Director Ohad Korkus reports acquisition of 4,178 restricted stock units of Varonis Systems, Inc.
Summary
- On May 8, 2025, Ohad Korkus, a director of Varonis Systems, Inc., acquired 4,178 restricted stock units (RSUs).
- These RSUs were granted to Mr. Korkus and will vest on May 31, 2026, at which point he will receive an equal number of common stock shares.
- Following this transaction, Mr. Korkus beneficially owns 115,760 shares of Varonis Systems, Inc.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as it reflects standard executive compensation practices and insider confidence.
Positives
- The acquisition of restricted stock units by a director signals confidence in the company's future performance.
Future Outlook
The vesting of the restricted stock units on May 31, 2026, will increase the director's stake in the company.
Industry Context
This is a standard SEC Form 4 filing, reflecting a common practice of granting stock-based compensation to company directors and executives.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment, reflecting confidence from a company director.
Key Dates
| Date | Description |
|---|---|
| 05/08/2025 | Date of transaction: Ohad Korkus acquired 4,178 restricted stock units. |
| 05/09/2025 | Date of report: Form 4 filing date. |
| 05/31/2026 | Vesting date: Restricted stock units will vest and convert into common stock. |
Keywords
Varonis Systems, VRNS, Director, Ohad Korkus, Restricted Stock Units, RSU, Beneficial Ownership, Form 4, SEC Filing
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