[6-K] Kornit Digital Ltd. Current Report (Foreign Issuer)
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
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
On the leadership side, the current CFO, Lauri Hanover, plans to leave for personal reasons but will remain through mid-
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.