Gazit Daniel 4
4 · Kornit Digital Ltd. · Filed May 15, 2026
Research Summary
AI-generated summary of this filing
Kornit Digital (KRNT) CPO Daniel Gazit Sells Shares
What Happened
Daniel Gazit, Chief Product Officer of Kornit Digital (KRNT), reported three open-market sales on May 13, 2026 totaling 9,910 shares at a weighted average price of $19.20 per share for aggregate proceeds of about $190,272. The three reported disposals were: 6,978 shares ($133,978), 1,406 shares ($26,995), and 1,526 shares ($29,299). All transactions are coded as sales (S).
Key Details
- Transaction date: May 13, 2026; Form 4 filed May 15, 2026 (filed within the typical two-business-day window).
- Reported price: $19.20 (weighted average price; filer offers to provide full price/quantity breakdown to SEC on request — footnote F1).
- Total shares sold: 9,910; total proceeds ≈ $190,272.
- Method: Open market sales (code S).
- Holdings after the transactions: not specified in the provided excerpt of the filing.
- Notable footnotes: filing discloses RSU grants and vesting schedules (footnotes F2–F7). Footnote F2 notes some shares were issued upon settlement of RSUs granted March 20, 2022; other RSU grants (Sept 19, 2022; Mar 9, 2023; Mar 19, 2024; Mar 13, 2025) vest over multi-year schedules through 2029. Footnote F1 explains the reported price is a weighted average.
Context
These were sales (not purchases); sales by insiders can be routine (e.g., diversification, tax withholding, or sale of vested awards) and do not by themselves indicate company outlook. The filing shows the reporting person has multiple RSU grants with staggered vesting—some shares noted were issued upon RSU settlement—so some insider sales can be related to award settlements rather than open-market accumulation.
Insider Transaction Report
Form 4
Gazit Daniel
Chief Product Officer
Transactions
- Sale
Ordinary Shares
[F1]2026-05-13$19.20/sh−6,978$133,978→ 0 total - Sale
Ordinary Shares
[F1][F2]2026-05-13$19.20/sh−1,406$26,995→ 94 total - Sale
Ordinary Shares
[F1][F3]2026-05-13$19.20/sh−1,526$29,299→ 2,859 total
Holdings
- 10,188
Ordinary Shares
[F4][F5] - 13,345
Ordinary Shares
[F4][F6] - 9,342
Ordinary Shares
[F4][F7] - 7,000
Stock Option (right to buy)
[F4]Exercise: $105.06From: 2026-01-31Exp: 2032-01-31→ Ordinary Shares (7,000 underlying)
Footnotes (7)
- [F1]The price reported represents a weighted average price. The Reporting Person undertakes to provide to the SEC staff, upon request, full information regarding the number of shares and prices at which the transactions were effected.
- [F2]The ordinary shares reported in this row consist of shares that were issued upon settlement of restricted share units ("RSUs") that had been granted by the Issuer to the Reporting Person on March 20, 2022 and that have fully vested and settled for underlying ordinary shares.
- [F3]The ordinary shares reported in this row consist of shares underlying RSUs that were granted to the Reporting Person on September 19, 2022 and that vest and settle for underlying ordinary shares in accordance with the following schedule: 25% of the original 4,385 RSUs vested and settled for underlying ordinary shares upon the one-year anniversary of the grant date, and an additional 6.25% of those original RSUs vest and settle on a quarterly basis over the following three years such that all RSUs reported in this row will be fully vested and settled on the four-year anniversary of that grant date (September 19, 2026).
- [F4]There were no transactions effected in respect of the securities reported in this row, and the holdings in this row are being included for informational purposes only.
- [F5]The ordinary shares reported in this row consist of shares underlying RSUs that were granted to the Reporting Person on March 9, 2023 and that vest and settle for underlying ordinary shares in accordance with the following schedule: 25% of the RSUs vested and settled for underlying ordinary shares upon the one-year anniversary of the grant date, and an additional 6.25% of the RSUs vest and settle on a quarterly basis over the following three years such that all RSUs reported in this row will be fully vested and settled on the four-year anniversary of that grant date (March 9, 2027).
- [F6]The ordinary shares reported in this row consist of shares underlying RSUs that were granted to the Reporting Person on March 19, 2024 and that vest and settle for underlying ordinary shares in accordance with the following schedule: 25% of the RSUs vested and settled for underlying ordinary shares upon the one-year anniversary of the grant date, and an additional 6.25% of the RSUs vest and settle on a quarterly basis over the following three years such that all RSUs reported in this row will be fully vested and settled on the four-year anniversary of that grant date (March 19, 2028).
- [F7]The ordinary shares reported in this row consist of shares underlying RSUs that were granted to the Reporting Person on March 13, 2025 and that vest and settle for underlying ordinary shares in accordance with the following schedule: 25% of the RSUs will vest and settle for underlying ordinary shares upon the one-year anniversary of the grant date, and an additional 6.25% of the RSUs will vest and settle on a quarterly basis over the following three years such that all RSUs reported in this row will be fully vested and settled on the four-year anniversary of that grant date (March 13, 2029).
Signature
/s/ Assaf Zipori, Attorney-in-fact|2026-05-15