Guy Melamed - Aug 28, 2025 Form 4 Insider Report for VARONIS SYSTEMS INC (VRNS)

Role
CFO and COO
Signature
/s/ Dov Gottlieb, as attorney-in-fact for Guy Melamed
Stock symbol
VRNS
Transactions as of
Aug 28, 2025
Transactions value $
-$321,037
Form type
4
Date filed
9/2/2025, 07:55 PM
Previous filing
Aug 26, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Melamed Guy CFO and COO C/O VARONIS SYSTEMS, INC., 801 BRICKELL AVE., MIAMI /s/ Dov Gottlieb, as attorney-in-fact for Guy Melamed 2025-09-02 0001700432

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VRNS Common Stock, par value $0.001 per share Sale -$232K -3.89K -0.93% $59.52 414K Aug 28, 2025 Direct F1, F2
transaction VRNS Common Stock, par value $0.001 per share Sale -$89.4K -1.5K -0.36% $59.59 412K Aug 29, 2025 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person in 2024.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $59.50 to $59.60, inclusive. The reporting person hereby undertakes to provide upon request by the Securities and Exchange Commission staff, the Issuer, or a shareholder of the Issuer full information regarding the number of shares sold at each separate price.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $59.50 to $59.69, inclusive. The reporting person hereby undertakes to provide upon request by the Securities and Exchange Commission staff, the Issuer, or a shareholder of the Issuer full information regarding the number of shares sold at each separate price.