Form 4: Varonis Systems Director Rachel Prishkolnik Acquires Restricted Stock Units

Director Rachel Prishkolnik acquired 4,163 restricted stock units of Varonis Systems, Inc. on May 8, 2024, which will vest on May 31, 2025.

Summary

• On May 8, 2024, Rachel Prishkolnik, a director of Varonis Systems, Inc., acquired 4,163 restricted stock units (RSUs).
• These RSUs will vest on May 31, 2025, at which point Prishkolnik will receive an equal number of Varonis Systems common stock shares.
• Following this transaction, Prishkolnik beneficially owns 21,536 shares of Varonis Systems common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects a standard transaction of restricted stock units being granted to a director. It doesn't inherently indicate positive or negative sentiment, but rather a routine part of executive compensation.

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, 2025, will increase Rachel Prishkolnik's holdings in Varonis Systems common stock.

Industry Context

This Form 4 filing is a routine disclosure related to insider transactions and provides transparency to investors regarding the holdings of company directors.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider ownership.

Key Dates