Kornit Digital (KRNT) product chief sells 636 shares at $15.72
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kornit Digital Ltd. Chief Product Officer Daniel Gazit reported an open-market sale of 636 ordinary shares on June 9, 2026 at $15.72 per share. After this sale, he directly holds 9,552 ordinary shares.
In addition, he holds stock options covering 7,000 ordinary shares with an exercise price of $105.06 per share that expire on January 31, 2032. The filing also lists ordinary shares underlying RSU grants from September 19, 2022, March 9, 2023, March 19, 2024, and March 13, 2025, which vest quarterly over four years; these RSU-related rows reflect holdings only, with no new transactions reported.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 636 shares ($9,998)
Net Sell
6 txns
Insider
Gazit Daniel
Role
Chief Product Officer
Sold
636 shs ($10K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 636 | $15.72 | $10K |
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 9,552 shares (Direct, null);
Stock Option (right to buy) — 7,000 shares (Direct, null)
Footnotes (1)
- 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 original 10,188 RSUs vested and settled for underlying ordinary shares upon the one-year anniversary of the grant date, and an additional 6.25% of the original 10,188 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). 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. 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). 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). 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 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 13, 2029).
Key Figures
Shares sold: 636 shares
Sale price: $15.72 per share
Shares held after sale: 9,552 shares
+5 more
8 metrics
Shares sold
636 shares
Open-market sale of ordinary shares on June 9, 2026
Sale price
$15.72 per share
Price for 636 ordinary shares sold on June 9, 2026
Shares held after sale
9,552 shares
Direct ordinary share holdings following the reported sale
Stock option exercise price
$105.06 per share
Exercise price of options over 7,000 ordinary shares
Option underlying shares
7,000 shares
Ordinary shares underlying stock options expiring January 31, 2032
2022 RSU grant size
4,385 RSUs
Original RSU grant dated September 19, 2022
2023 RSU grant size
10,188 RSUs
Original RSU grant dated March 9, 2023
Quarterly vesting rate
6.25% of original RSUs
Ongoing quarterly vesting schedule after initial 25% cliff
Key Terms
RSUs, open-market sale, Stock Option (right to buy), vesting, +1 more
5 terms
RSUs financial
"The ordinary shares reported in this row consist of shares underlying RSUs that were granted to the Reporting Person..."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
open-market sale financial
"transaction_action: open-market sale, transaction_code_description: Sale in open market or private transaction"
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.
Stock Option (right to buy) financial
"security_title: Stock Option (right to buy) with underlying ordinary shares"
vesting financial
"RSUs vest and settle for underlying ordinary shares on a quarterly basis over the following three years"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transaction did Kornit Digital (KRNT) report for Daniel Gazit?
Kornit Digital’s Chief Product Officer Daniel Gazit reported an open-market sale of 636 ordinary shares. The shares were sold at a price of $15.72 per share on June 9, 2026, as disclosed in the Form 4 insider filing.
What stock options does Daniel Gazit hold in Kornit Digital (KRNT)?
Daniel Gazit holds stock options over 7,000 ordinary shares of Kornit Digital. These options have an exercise price of $105.06 per share and expire on January 31, 2032, as detailed in the derivative holdings section of the filing.
Are there RSU grants reported for Daniel Gazit at Kornit Digital (KRNT)?
Yes. The filing lists RSU-based ordinary share holdings from grants dated September 19, 2022, March 9, 2023, March 19, 2024, and March 13, 2025. These RSUs vest over four years and the rows are included for informational holdings only.
What is the size of Daniel Gazit’s September 2022 RSU grant at Kornit Digital (KRNT)?
The September 19, 2022 grant originally comprised 4,385 RSUs. Twenty-five percent vested after one year, with an additional 6.25% vesting quarterly over the next three years, so that all RSUs from this grant are fully vested by September 19, 2026.
What is the size of Daniel Gazit’s March 2023 RSU grant at Kornit Digital (KRNT)?
The March 9, 2023 grant originally comprised 10,188 RSUs. Twenty-five percent vested after one year, and 6.25% of the original amount vests quarterly over the following three years, reaching full vesting on March 9, 2027, according to the filing footnote.