STOCK TITAN

Varonis (VRNS) director receives 7,224 RSUs vesting in 2027

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Korkus Ohad reported acquisition or exercise transactions in this Form 4 filing.

Varonis Systems Inc. director Ohad Korkus received a compensation grant of 7,224 restricted stock units. The award was granted on April 30, 2026 and will vest on May 31, 2027, when an equal number of common shares are scheduled to be delivered. After this grant, his reported direct holdings are 122,984 shares of common stock.

Positive

  • None.

Negative

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Insider Korkus Ohad
Role null
Type Security Shares Price Value
Grant/Award Common Stock, par value $0.001 per share 7,224 $0.00 --
Holdings After Transaction: Common Stock, par value $0.001 per share — 122,984 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSU grant size 7,224 units Restricted stock units granted April 30, 2026
Grant price $0.0000 per share Compensation award, not market purchase
Post-grant holdings 122,984 shares Common stock held directly after transaction
Vesting date May 31, 2027 Date RSUs convert into common shares
restricted stock units financial
"Represents restricted stock units granted to the reporting person on April 30, 2026."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vest financial
"Such restricted stock units will vest, and an equal number of shares of common stock will be deliverable"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
common stock, par value $0.001 per share financial
"Common Stock, par value $0.001 per share"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Korkus Ohad

(Last)(First)(Middle)
C/O VARONIS SYSTEMS, INC.,
801 BRICKELL AVE.

(Street)
MIAMI FLORIDA 33131

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
VARONIS SYSTEMS INC [ VRNS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/30/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock, par value $0.001 per share04/30/2026A7,224(1)A$0122,984D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents restricted stock units granted to the reporting person on April 30, 2026. Such restricted stock units will vest, and an equal number of shares of common stock will be deliverable to the reporting person, on May 31, 2027.
Remarks:
s/ Dov Gottlieb as attorney-in-fact05/01/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Varonis Systems (VRNS) report for Ohad Korkus?

Varonis Systems reported that director Ohad Korkus received a grant of 7,224 restricted stock units as compensation. These units convert into the same number of common shares once they vest, increasing his equity-based stake in the company over time.

When will Ohad Korkus’s newly granted Varonis (VRNS) restricted stock units vest?

The 7,224 restricted stock units granted to director Ohad Korkus are scheduled to vest on May 31, 2027. On that date, an equal number of Varonis common shares will be delivered to him, assuming vesting conditions are satisfied.

How many Varonis (VRNS) shares does Ohad Korkus hold after this Form 4 transaction?

Following the reported grant, director Ohad Korkus is shown as directly holding 122,984 shares of Varonis common stock. This figure in the Form 4 reflects his position after accounting for the 7,224 restricted stock units awarded.

Was the Varonis (VRNS) Form 4 transaction a market purchase or sale?

The Form 4 shows a grant of 7,224 restricted stock units to director Ohad Korkus, not a market purchase or sale. The transaction price is reported as $0.0000 per share, indicating a compensation award rather than an open-market trade.

What type of security did Varonis (VRNS) grant to director Ohad Korkus?

Varonis granted restricted stock units tied to its common stock, par value $0.001 per share. These RSUs will settle into 7,224 common shares upon vesting on May 31, 2027, aligning the director’s compensation with shareholder value.