Form 4: Verint Systems Inc. Executive Peter Fante Reports Acquisition of Restricted Stock Units

Chief Administrative Officer Peter Fante reports the acquisition of 70,659 restricted stock units in Verint Systems Inc.

Summary

• On April 22, 2025, Peter Fante, Chief Administrative Officer of Verint Systems Inc., reported the acquisition of 70,659 restricted stock units (RSUs).
• These 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 and/or cash upon vesting.
• Following the reported transaction, Fante beneficially owns 117,139 shares.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard executive compensation disclosure. The RSU grant is a positive sign of alignment, but it's not a major event.

Positives

• The grant of RSUs to a key executive aligns their interests with those of the shareholders, incentivizing long-term performance.

Industry Context

Executive compensation through stock grants is a common practice in publicly traded companies to align management's interests with those of shareholders.

Stakeholder Impact

• The RSU grant could have a slightly positive impact on shareholder sentiment as it aligns executive interests with shareholder value.

Key Dates

Keywords

Verint Systems Inc., Peter Fante, Restricted Stock Units, RSUs, Beneficial Ownership, Form 4, Executive Compensation, VRNT