Form 4: Verint Systems CEO Dan Bodner Sells 375,000 Shares

Verint Systems CEO Dan Bodner sold 375,000 shares of common stock on June 20, 2024, at an average price of $33.76 per share.

Summary

• On June 20, 2024, Dan Bodner, Chairman & CEO of Verint Systems Inc., sold 375,000 shares of the company's common stock.
• The sale was executed at a weighted average price of $33.76 per share, with individual sales prices ranging from $33.75 to $35.11.
• Following the transaction, Bodner directly owns 609,764 shares of Verint Systems Inc.
• The transaction was reported on a Form 4 filed with the Securities and Exchange Commission on June 24, 2024.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a stock sale by the CEO. It doesn't inherently convey positive or negative sentiment, but the market's reaction to the sale could vary.

Industry Context

Executive stock sales are a common occurrence and can be for various reasons, including diversification, tax planning, or personal expenses. It's important to consider the context of the sale, such as the overall trading volume and the executive's remaining holdings, to assess the potential impact on investor sentiment.

Stakeholder Impact

• The stock sale could potentially impact shareholder sentiment, depending on the market's interpretation of the transaction.

Key Dates