Varonis Systems (VRNS) SVP earns 23,011 performance-based shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Varonis Systems SVP Greg Pomeroy reported an equity award of 23,011 common shares on February 2, 2026, recorded at a price of $0 per share. These shares were earned under performance-vesting restricted stock units (the 2025 PSUs) tied to 2025 fiscal year goals.
The compensation committee certified achievement of the performance goals on February 2, 2026. The 2025 PSUs will vest, and an equal number of shares will be delivered, in three equal annual installments on the last calendar day of February starting on February 27, 2026, conditional on Pomeroy’s continued employment. After this award, he beneficially owns 238,393 common shares, including 238 shares purchased under the 2015 Employee Stock Purchase Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Pomeroy Greg
Role
SVP, Worldwide Sales
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.001 per share | 23,011 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $0.001 per share — 238,393 shares (Direct)
Footnotes (1)
- Represents shares earned by the reporting person for no consideration under certain performance-vesting restricted stock units (the "2025 PSUs"), which were granted to the reporting person pursuant to the Issuer's Amended and Restated 2023 Omnibus Equity Incentive Plan. The 2025 PSUs were earned subject to the satisfaction of certain performance goals for the 2025 fiscal year, the performance of which was certified by the Issuer's compensation committee on February 2, 2026. Such 2025 PSUs will vest, and an equal number of shares of common stock will be deliverable to the reporting person, in three equal annual installments upon the last calendar day of the month of February beginning on February 27, 2026, subject to the reporting person's continued employment through such date. Includes 238 shares of Common Stock purchased under the Issuer's 2015 Employee Stock Purchase Plan.
FAQ
What insider transaction did VRNS executive Greg Pomeroy report?
Greg Pomeroy reported an award of 23,011 Varonis Systems common shares at $0 per share. The shares were earned under 2025 performance-vesting restricted stock units and reflect equity compensation rather than an open-market purchase or sale.
When will Greg Pomeroy’s 2025 PSUs in Varonis Systems vest?
The 2025 PSUs will vest in three equal annual installments on the last calendar day of February. Vesting begins on February 27, 2026, and each installment requires Greg Pomeroy to remain employed through the relevant vesting date.
What is the nature of Greg Pomeroy’s role at Varonis Systems (VRNS)?
Greg Pomeroy serves as an officer of Varonis Systems with the title Senior Vice President, Worldwide Sales. His Form 4 reflects equity compensation associated with this executive role rather than a transaction by a director or 10% owner.