Form 4: Varonis Systems SVP Greg Pomeroy Reports Stock Transaction
SEC Form 4 Filing
SVP of Worldwide Sales at Varonis Systems, Greg Pomeroy, reports disposition of shares to cover tax obligations and updates beneficial ownership.
Summary
- On March 4, 2025, Greg Pomeroy, SVP of Worldwide Sales at Varonis Systems, Inc., reported a transaction involving the company's common stock.
- 34,777 shares were disposed of to satisfy tax withholding requirements related to the vesting of restricted stock units and performance vesting units.
- The price per share for the transaction was $42.97.
- Following the transaction, Pomeroy's direct ownership of Varonis Systems common stock is 215,144 shares, which includes 222 shares purchased under the company's 2015 Employee Stock Purchase Plan.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing is a standard disclosure of stock transactions for tax purposes.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/04/2025 | Date of stock transaction |
| 03/06/2025 | Date of signature on the Form 4 filing |
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