Form 4: Varonis Systems VP Dov Gottlieb Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Dov Gottlieb, VP and General Counsel of Varonis Systems, reports the withholding of shares to cover tax obligations and a purchase under the employee stock purchase plan.
Summary
- On March 4, 2025, Dov Gottlieb, VP and General Counsel of Varonis Systems, reported changes in beneficial ownership of Varonis Systems Inc. [VRNS] common stock.
- 15,860 shares were withheld by Varonis to satisfy tax withholding requirements on the vesting of restricted stock units and performance vesting units at a price of $42.97 per share.
- Gottlieb also reported owning 206 shares of Common Stock purchased under the Issuer's 2015 Employee Stock Purchase Plan.
- Following the reported transactions, Gottlieb beneficially owns 234,268 shares of Varonis Systems Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to insider transactions, indicating a neutral sentiment.
Positives
- The reporting person increased their holdings through the employee stock purchase plan.
Industry Context
Form 4 filings are a routine part of compliance for corporate insiders and provide transparency into their transactions in company stock.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 03/04/2025 | Date of the transaction involving the withholding of shares and purchase of shares under the employee stock purchase plan. |
| 03/06/2025 | Date of signature on the Form 4 filing. |
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