Varonis Systems (VRNS) director receives 7,224 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Varonis Systems director John J. Gavin Jr. received an equity grant in the form of 7,224 shares of common stock on April 30, 2026, recorded as a compensation-related award at no cash cost to him. The award represents restricted stock units that will vest, and convert into an equal number of common shares deliverable to him, on May 31, 2027. After this grant, he directly holds 280,890 shares of Varonis Systems common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
GAVIN JOHN J JR
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 — 280,890 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 7,224 shares
Price per share: $0.0000 per share
Holdings after grant: 280,890 shares
+1 more
4 metrics
Shares granted
7,224 shares
Restricted stock unit award on April 30, 2026
Price per share
$0.0000 per share
Reported grant price for the RSU-related common stock
Holdings after grant
280,890 shares
Common stock directly owned following the transaction
Vesting date
May 31, 2027
Date when the 7,224 restricted stock units will vest
Key Terms
restricted stock units, vest, grant, award, or other acquisition
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.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What did Varonis Systems (VRNS) director John J. Gavin Jr. report on this Form 4?
He reported receiving 7,224 shares of Varonis common stock as a compensation-related grant. These were awarded at no cash cost to him and increase his directly held stake in the company, as reflected in his updated post-transaction holdings.
Is the Varonis (VRNS) Form 4 transaction a market purchase or sale?
The transaction is a grant of shares, not a market trade. It is coded as a grant, award, or other acquisition, meaning the director received shares as equity compensation rather than buying or selling them on the open market.
When do the Varonis (VRNS) restricted stock units granted to the director vest?
The restricted stock units granted on April 30, 2026, will vest on May 31, 2027. On that vesting date, an equal number of Varonis common shares will be deliverable to the director, according to the disclosure in the accompanying footnote.
What are the director’s Varonis (VRNS) holdings after this Form 4 transaction?
Following the compensation grant, John J. Gavin Jr. directly holds 280,890 shares of Varonis Systems common stock. This figure reflects his updated ownership position after adding the 7,224-share award reported in the filing.