Kornit Digital officer sells 9,910 shares at $19.20
Kornit Digital Ltd. Chief Product Officer Daniel Gazit reported open-market sales of 9,910 ordinary shares at a weighted average price of $19.20 per share.
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Form Type
4
Rhea-AI Filing Summary
Kornit Digital Ltd. Chief Product Officer Daniel Gazit reported open-market sales of 9,910 ordinary shares at a weighted average price of $19.20 per share. After these sales, he continues to hold stock options over 7,000 ordinary shares, exercisable at $105.06 per share until 2032-01-31.
Insider Trade Summary 10b5-1
Net Seller: 9,910 shares
Net Sell
7 txns
Insider
Gazit Daniel
Role
Chief Product Officer
Sold
9,910 shs ($190K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 6,978 | $19.20 | $134K |
| Sale | Ordinary Shares | 1,406 | $19.20 | $27K |
| Sale | Ordinary Shares | 1,526 | $19.20 | $29K |
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 35,734 shares (Direct);
Stock Option (right to buy) — 7,000 contracts (Direct)
Footnotes (7)
- F1. The price reported represents a weighted average price. The Reporting Person undertakes to provide to the SEC staff, upon request, full information regarding the number of shares and prices at which the transactions were effected.
- F2. The ordinary shares reported in this row consist of shares that were issued upon settlement of restricted share units ("RSUs") that had been granted by the Issuer to the Reporting Person on March 20, 2022 and that have fully vested and settled for underlying ordinary shares.
- F3. The ordinary shares reported in this row consist of shares underlying RSUs that were granted to the Reporting Person on September 19, 2022 and that vest and settle for underlying ordinary shares in accordance with the following schedule: 25% of the original 4,385 RSUs vested and settled for underlying ordinary shares upon the one-year anniversary of the grant date, and an additional 6.25% of those original RSUs vest and settle on a quarterly basis over the following three years such that all RSUs reported in this row will be fully vested and settled on the four-year anniversary of that grant date (September 19, 2026).
- F4. There were no transactions effected in respect of the securities reported in this row, and the holdings in this row are being included for informational purposes only.
- F5. The ordinary shares reported in this row consist of shares underlying RSUs that were granted to the Reporting Person on March 9, 2023 and that vest and settle for underlying ordinary shares in accordance with the following schedule: 25% of the RSUs vested and settled for underlying ordinary shares upon the one-year anniversary of the grant date, and an additional 6.25% of the RSUs vest and settle on a quarterly basis over the following three years such that all RSUs reported in this row will be fully vested and settled on the four-year anniversary of that grant date (March 9, 2027).
- F6. The ordinary shares reported in this row consist of shares underlying RSUs that were granted to the Reporting Person on March 19, 2024 and that vest and settle for underlying ordinary shares in accordance with the following schedule: 25% of the RSUs vested and settled for underlying ordinary shares upon the one-year anniversary of the grant date, and an additional 6.25% of the RSUs vest and settle on a quarterly basis over the following three years such that all RSUs reported in this row will be fully vested and settled on the four-year anniversary of that grant date (March 19, 2028).
- F7. The ordinary shares reported in this row consist of shares underlying RSUs that were granted to the Reporting Person on March 13, 2025 and that vest and settle for underlying ordinary shares in accordance with the following schedule: 25% of the RSUs will vest and settle for underlying ordinary shares upon the one-year anniversary of the grant date, and an additional 6.25% of the RSUs will vest and settle on a quarterly basis over the following three years such that all RSUs reported in this row will be fully vested and settled on the four-year anniversary of that grant date (March 13, 2029).
Key Figures
Shares sold: 9,910 shares
Sale price: $19.20 per share
First sale block: 1,526 shares
+4 more
7 metrics
Shares sold
9,910 shares
Total ordinary shares sold on May 13, 2026
Sale price
$19.20 per share
Weighted average price for ordinary share sales
First sale block
1,526 shares
Ordinary shares sold in one transaction at $19.20
Second sale block
1,406 shares
Ordinary shares sold in one transaction at $19.20
Third sale block
6,978 shares
Ordinary shares sold in one transaction at $19.20
Stock option underlying shares
7,000 shares
Ordinary shares underlying retained stock option
Option exercise price
$105.06 per share
Exercise price of stock option expiring January 31, 2032
Key Terms
weighted average price, restricted share units ("RSUs"), Stock Option (right to buy), open-market sale, +1 more
5 terms
weighted average price financial
"The price reported represents a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Stock Option (right to buy) financial
"security_title": "Stock Option (right to buy)""
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
fully vested and settled financial
"all RSUs reported in this row will be fully vested and settled on the four-year anniversary"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did KRNT report for Daniel Gazit?
Kornit Digital reported that Chief Product Officer Daniel Gazit executed open-market sales of ordinary shares. The Form 4 shows he sold a total of 9,910 ordinary shares at a weighted average price of $19.20 per share on May 13, 2026.
What stock options does Daniel Gazit retain in Kornit Digital?
Gazit retains a stock option over 7,000 Kornit Digital ordinary shares. The option has an exercise price of $105.06 per share and an expiration date of January 31, 2032, providing potential future equity exposure if exercised.
Does the KRNT Form 4 mention RSUs held by Daniel Gazit?
Yes. Footnotes describe restricted share units (RSUs) granted on several dates from 2022 to 2025. These RSUs vest 25% after one year from grant and then 6.25% quarterly, fully vesting four years after each respective grant date.
Were all entries in the KRNT Form 4 actual transactions?
No. A footnote explains that for at least one reported holding line, no transactions occurred and the securities are included for informational purposes only, distinguishing them from the actual open-market sale entries in the filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.
