Form 4: Varonis Systems Director Receives Equity Grant

Director John J. Gavin Jr. was granted 7,224 restricted stock units by Varonis Systems, Inc.

Summary

• Director John J. Gavin Jr. acquired 7,224 restricted stock units (RSUs) of Varonis Systems, Inc. (VRNS) common stock.
• The transaction occurred on April 30, 2026, at a price of $0 per share as part of an equity grant.
• Following this transaction, the director's total beneficial ownership stands at 280,890 shares.
• The granted RSUs are scheduled to vest on May 31, 2027.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation, which is neutral in terms of market impact.

Positives

• Alignment of director interests with shareholders through equity-based compensation.

Negatives

• None identified.

Risks

• Standard market risks associated with equity ownership and potential share price volatility.

Future Outlook

The filing does not provide forward-looking financial guidance, focusing solely on director equity compensation.

Industry Context

StockSavvy.ai notes that equity grants to board members are standard corporate governance practices designed to incentivize long-term performance and align director interests with those of the shareholders.

Comparison to Industry Standards

• The grant of restricted stock units is consistent with standard executive and director compensation packages in the software and cybersecurity industry.
• The vesting period of approximately 13 months is typical for director equity awards.

Stakeholder Impact

• Minimal impact on shareholders as this is a standard equity compensation event.

Next Steps

• Vesting of the 7,224 restricted stock units on May 31, 2027.

Key Dates

Keywords

Varonis Systems, VRNS, Form 4, Insider Trading, Equity Grant, Director Compensation