Varonis (VRNS) director receives 7,224 RSUs vesting in 2027
Filing Impact
Filing Sentiment
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
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
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)
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Key Figures
RSU grant size: 7,224 units
Grant price: $0.0000 per share
Post-grant holdings: 122,984 shares
+1 more
4 metrics
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
Key Terms
restricted stock units, vest, common stock, par value $0.001 per share
3 terms
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.
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.
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.