Form 4: Varonis Systems Director Rachel Prishkolnik Reports Acquisition of Restricted Stock Units

Director Rachel Prishkolnik reports the acquisition of 4,178 restricted stock units of Varonis Systems, Inc. on May 8, 2025, which will vest on May 31, 2026.

Summary

• Rachel Prishkolnik, a director of Varonis Systems, Inc., filed a Form 4 with the SEC.
• The filing reports a transaction that occurred on May 8, 2025.
• Prishkolnik acquired 4,178 restricted stock units (RSUs).
• These RSUs were granted to her and have a value of $0 at the time of acquisition.
• The RSUs will vest on May 31, 2026, at which point she will receive an equal number of common stock shares.
• Following the reported transaction, Prishkolnik beneficially owns 25,714 shares of Varonis Systems, Inc.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it is a standard reporting of stock unit acquisition. The acquisition itself can be seen as a positive sign of confidence, but the filing is purely informational.

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 Rachel Prishkolnik's holdings of Varonis Systems common stock.

Industry Context

Form 4 filings are routine 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 can be viewed positively by shareholders as it aligns the director's interests with the company's performance.

Key Dates

Keywords

Form 4, Varonis Systems, Director, Rachel Prishkolnik, Restricted Stock Units, Beneficial Ownership, VRNS