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[6-K] Kornit Digital Ltd. Current Report (Foreign Issuer)

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
6-K
Rhea-AI Filing Summary

Kornit Digital Ltd. (KRNT) reported a leadership change and a new capital return plan. The company’s chief financial officer, Lauri Hanover, will step down for personal reasons and remain in the role through mid-December 2025 to support an orderly handover, after which Assaf Zipori will become CFO. The company stated that her resignation is not related to any dispute over accounting practices or financial reporting.

Kornit’s board also approved a new share repurchase program for up to $100 million of its ordinary shares, in addition to prior authorizations. Repurchases may be executed through open-market purchases, privately negotiated deals or other methods, and may be supported by Rule 10b5-1 trading plans. The program will take effect 30 days after notice is provided to material and secured creditors, provided no objections are received; otherwise, Israeli court approval would be required.

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Insights

Kornit pairs a sizeable buyback authorization with a planned CFO transition.

The board has authorized a new share repurchase program of up to $100,000,000 in ordinary shares, on top of earlier programs. Repurchases can occur via open-market transactions, privately negotiated trades or other methods permitted under U.S. rules, and the company may use Rule 10b5-1 plans to execute purchases systematically.

The authorization is conditioned by Israeli regulations: it becomes effective 30 days after notice is given to material and secured creditors, assuming no objections. If objections arise within that period, court approval would be required, and insider trading blackout limitations are expected towards the end of Q4 2025, which may constrain timing. Actual buyback activity will therefore depend on regulatory clearance and future board and management decisions.

On the leadership side, the current CFO, Lauri Hanover, plans to leave for personal reasons but will remain through mid-December 2025 to ensure continuity, with Assaf Zipori appointed as successor. The company explicitly notes that her departure is not tied to disagreements over accounting or financial reporting, which may help support confidence in ongoing financial governance during the transition.

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 OF

THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of: November 2025

 

Commission File Number: 001-36903

 

KORNIT DIGITAL LTD.

(Translation of Registrant’s name into English)

 

12 Ha’Amal Street

Park Afek

Rosh Ha’Ayin 4824096 Israel

(Address of Principal Executive Office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F               Form 40-F

 

 

 

 

 

 

CONTENTS

 

CFO Transition

 

On November 17, 2025, Kornit Digital Ltd. (“Kornit” or the “Company”) announced that its Chief Financial Officer, Ms. Lauri Hanover, has decided to step down from her position for personal reasons. Ms. Hanover will remain the Company’s chief financial officer through mid-December 2025 to ensure a smooth and effective transition. The Company’s board of directors (the “Board”) has appointed Mr. Assaf Zipori as Kornit’s new chief financial officer, effective upon Ms. Hanover’s departure in mid-December.

 

Ms. Hanover’s resignation did not relate to any dispute or disagreement with the Company or the Board as to the Company’s accounting practices or financial reporting.

 

Board Approval of New Share Repurchase Program

 

On November 17, 2025, the Company further announced that its Board has approved a new program for the repurchase of up to $100 million (in addition to amounts approved for repurchase under previous programs) of the Company’s ordinary shares, par value 0.01 New Israeli Shekels per share (“ordinary shares”).

 

Under the program, Kornit may effect the prospective repurchases by way of a variety of methods, including open market purchases, privately negotiated transactions or otherwise, all in accordance with U.S. securities laws and regulations, including Rule 10b-18 under the U.S. Securities Exchange Act of 1934, as amended (the “Exchange Act”). Kornit may also, from time to time, enter into plans that are compliant with Rule 10b5-1 of the Exchange Act to facilitate repurchases of its ordinary shares under the Board authorization.

 

In accordance with Section 7C of the Israeli Companies Regulations (Leniencies for Companies Whose Securities are Listed for Trading Outside of Israel), 5760-2000, the new repurchase program will go into effect (subject to insider trading blackout limitations that will apply beginning towards the end of the fourth quarter of 2025) 30 days after notice of the Board’s adoption of the plan is provided to the Company’s material creditors and secured creditors, assuming that no such creditors objects to the Company regarding the repurchase plan within 30 days of being provided that notice. If any such objections are received by the Company during that 30-day period, Israeli court approval of the repurchase plan would be required.

 

A copy of the press release by which the Company announced the transition of its chief financial officer and the new share repurchase program, which is entitled “Kornit Digital Announces CFO Transition and New $100 Million Share Repurchase Program”, is furnished as Exhibit 99.1 hereto.

 

Incorporation by Reference

 

The contents of this Report of Foreign Private Issuer on Form 6-K (but excluding the contents of Exhibit 99.1 hereto) are hereby incorporated by reference into the Company’s Registration Statements on Form S-8 (File No.’s 333-203970, 333-214015, 333-217039, 333-223794, 333-230567, 333-237346, 333-254749, 333-263975, and 333-286158)

 

Exhibits

 

Exhibit No.   Description
99.1   Press Release dated November 17, 2025 entitled “Kornit Digital Announces CFO Transition and New $100 Million Share Repurchase Program”

 

1

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  KORNIT DIGITAL LTD.
     
Date: November 17, 2025 By: /s/ Ronen Samuel
  Name:  Ronen Samuel
  Title: Chief Executive Officer

 

 

2

 

 

FAQ

What did Kornit Digital (KRNT) announce in its November 2025 Form 6-K?

Kornit Digital announced a planned CFO transition and the approval of a new $100 million share repurchase program for its ordinary shares, in addition to prior buyback authorizations.

How large is Kornit Digitals new share repurchase program and what shares does it cover?

The board approved a new program to repurchase up to $100 million of Kornit Digitals ordinary shares, with a par value of 0.01 New Israeli Shekels per share, on top of amounts previously approved under earlier programs.

When will Kornit Digitals new share repurchase program become effective?

The new repurchase program will go into effect 30 days after notice of the boards adoption is provided to the companys material and secured creditors, assuming no objections are received during that 30-day period.

What happens if Kornit Digitals creditors object to the repurchase plan?

If any material or secured creditors object within the 30-day notice period, Israeli court approval of the repurchase plan would be required before it can proceed.

Who is Kornit Digitals new CFO and when does the transition occur?

Assaf Zipori has been appointed as Kornit Digitals new chief financial officer, effective upon the departure of current CFO Lauri Hanover in mid-December 2025, following a transition period.

Did Kornit Digital indicate any accounting or reporting disputes linked to the CFOs resignation?

No. Kornit Digital stated that Lauri Hanovers resignation did not relate to any dispute or disagreement with the company or the board regarding accounting practices or financial reporting.

How may Kornit Digital execute repurchases under the new $100 million program?

Kornit Digital may repurchase shares via open market purchases, privately negotiated transactions or other methods in line with U.S. securities laws, and it may enter into Rule 10b5-1 plans to facilitate these buybacks.

Kornit Digital

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