Form 4: Verint Systems Director William Kurtz Receives 8,980 Restricted Stock Units

Director William Kurtz of Verint Systems Inc. was granted 8,980 restricted stock units on April 22, 2025, which will vest on April 10, 2026.

Summary

• On April 22, 2025, William Kurtz, a director of Verint Systems Inc., received a grant of 8,980 restricted stock units (RSUs).
• Each RSU represents the right to receive one share of Verint Systems Inc. common stock or cash upon vesting.
• The RSUs are subject to time-based vesting and will fully vest on April 10, 2026.
• The reporting person directly owns 8,980 derivative securities.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to executive compensation, and does not contain information that would significantly impact sentiment positively or negatively.

Positives

• The grant of restricted stock units to a director aligns their interests with those of the shareholders.
• The vesting schedule encourages long-term commitment from the director.

Future Outlook

The document does not contain any specific forward-looking statements regarding the company's future performance.

Industry Context

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

Stakeholder Impact

• The grant of RSUs to a director can be viewed positively by shareholders as it aligns management's interests with theirs.
• Employees may view the grant as a positive sign of the company's commitment to its leadership.

Key Dates

Keywords

restricted stock units, director, VRNT, Verint Systems, stock options, equity compensation, Form 4