Kess Avrohom J. 4

What Happened
Avrohom J. Kess, a director of Varonis Systems, was granted 7,224 restricted stock units (RSUs) on April 30, 2026. The award was granted at no cash cost (reported price $0.00). These RSUs do not convert to actual shares until they vest.

Key Details

• Transaction date: April 30, 2026; Form 4 filed May 1, 2026 (timely filing).
• Transaction type/code: Award/Grant (A).
• Shares/units granted: 7,224 RSUs; reported acquisition price: $0.00 (no cash paid).
• Vesting/delivery: RSUs will vest and an equal number of common shares will be deliverable on May 31, 2027 (per footnote).
• Shares owned after transaction: Not specified in the provided filing.
• No indication of a 10b5-1 plan, sale, or tax-withholding event in this filing.

Context
RSUs are a form of equity compensation that convert to actual shares only after vesting; this award is not an open‑market purchase or sale and therefore does not directly signal immediate buying or selling activity. For retail investors, awards are routine forms of director/executive compensation and should be viewed as compensation-related rather than a direct endorsement to buy or sell the stock.