Form 4: Varonis Systems SVP, Worldwide Sales, Greg Pomeroy, Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Greg Pomeroy, SVP of Worldwide Sales at Varonis Systems, reports the acquisition of 44,864 shares of common stock and the disposal of an unspecified amount of shares on February 6, 2025, resulting in a total beneficial ownership of 249,699 shares.

Summary

  • On February 6, 2025, Greg Pomeroy, SVP of Worldwide Sales at Varonis Systems, Inc. reported changes in beneficial ownership of the company's stock.
  • The report indicates the acquisition of 44,864 shares of common stock at a price of $0.
  • Pomeroy also disposed of an unspecified amount of shares.
  • Following these transactions, Pomeroy's total beneficial ownership amounts to 249,699 shares.
  • The acquired shares represent restricted stock units that will vest in four equal annual installments starting February 27, 2026.

Sentiment

Score: 5

Explanation: This is a routine filing related to stock grants and sales, so the sentiment is neutral.

Future Outlook

The restricted stock units will vest in four equal annual installments beginning on February 27, 2026, suggesting a continued relationship between the reporting person and the company.

Industry Context

Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading and provide investors with information about the trading activities of company insiders.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding insider transactions.

Key Dates

DateDescription
02/06/2025Date of transaction (acquisition and disposition of shares).
02/07/2025Date of signature on the Form 4 filing.
02/27/2026First vesting date for the restricted stock units.

Keywords

beneficial ownership, Form 4, Varonis Systems, VRNS, Greg Pomeroy, restricted stock units, stock, securities

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.