Guy Melamed - 01 Aug 2025 Form 4 Insider Report for VARONIS SYSTEMS INC (VRNS)

Signature
/s/ Dov Gottlieb, as attorney-in-fact for Guy Melamed
Issuer symbol
VRNS
Transactions as of
01 Aug 2025
Transactions value $
-$2,859,084
Form type
4
Filing time
01 Aug 2025, 18:57:03 UTC
Previous filing
28 Mar 2025
Next filing
15 Aug 2025

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 01 Aug 2025 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 -$2.86M -51.9K -9.93% $55.10 471K 01 Aug 2025 Direct F1, F2
* 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.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.01 to $55.24, 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.