Form 4: Verint Systems CFO Grant Highlander Receives 74,084 Restricted Stock Units

Grant Highlander, CFO of Verint Systems Inc., was granted 74,084 restricted stock units (RSUs) on April 22, 2025, which vest over a period of approximately three years.

Summary

• Grant A. Highlander, the Chief Financial Officer of Verint Systems Inc., received 74,084 restricted stock units (RSUs) on April 22, 2025.
• The RSUs are subject to time-based vesting.
• The vesting schedule is as follows: 1/6 on December 15, 2025, 1/6 on June 15, 2026, 1/6 on December 15, 2026, 1/6 on June 15, 2027, 1/6 on December 15, 2027, and 1/6 on June 15, 2028.
• Each RSU represents the right to receive one share of Verint Systems Inc. common stock or cash upon vesting.
• Following the transaction, Highlander directly owns 129,731 shares of Verint Systems Inc.

Sentiment

Score: 7

Explanation: The document reflects a standard executive compensation practice, which is generally viewed neutrally to positively as it aligns management and shareholder interests.

Positives

• The grant of RSUs aligns the CFO's interests with those of the shareholders, incentivizing him to improve the company's performance over the long term.
• The vesting schedule encourages continued service and commitment from the CFO.

Industry Context

Grants of restricted stock units are a common form of executive compensation in publicly traded companies, aligning management's interests with those of shareholders.

Stakeholder Impact

• Shareholders may view the RSU grant positively as it incentivizes the CFO to improve company performance.
• Employees may see the grant as a sign of the company's commitment to its leadership.

Key Dates

Keywords

restricted stock units, RSUs, Grant Highlander, Verint Systems, CFO, beneficial ownership, Form 4, equity compensation, insider transaction