Varonis Systems CFO and COO Melamed Guy sells 5,392 shares for $59.52/share.

Varonis Systems Inc. has disclosed that Guy Melamed, the company's Chief Financial Officer and Chief Operating Officer, has engaged in two transactions involving the sale of shares. On August 28, 2025, Melamed sold 3,892 shares at a price of $59.52 per share. Subsequently, on August 29, 2025, he sold an additional 1,500 shares at a price of $59.59 per share.

Varonis Systems Inc. (VRNS), a leading data security company, has disclosed that its Chief Financial Officer and Chief Operating Officer, Guy Melamed, has engaged in two transactions involving the sale of shares. The transactions, filed with the U.S. Securities and Exchange Commission (SEC), took place on August 28, 2025, and August 29, 2025.

On August 28, 2025, Melamed sold 3,892 shares at a price of $59.52 per share. Subsequently, on August 29, 2025, he sold an additional 1,500 shares at a price of $59.59 per share. The total number of shares sold by Melamed in these transactions is 5,392, with a total proceeds of $327,182.38 [2].

The transactions were executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person in 2024. The price reported for the shares sold in each transaction is a weighted average price, reflecting multiple transactions at prices ranging from $59.50 to $59.60 [2].

The sales do not appear to indicate any significant change in Melamed's ownership or voting rights in Varonis Systems Inc., as he continues to hold a 10% ownership stake in the company. However, these transactions may signal a strategic move by Melamed to diversify his investments or adjust his portfolio.

Investors should monitor Varonis Systems Inc.'s ongoing financial performance and strategic developments to understand the potential impact of these transactions on the company's stock price and valuation. The company's recent acquisition of SlashNext, an AI-native email security provider, and its continued focus on cloud-native data security solutions suggest a strong commitment to growth and innovation in the cybersecurity market [3].

References:
[1] https://www.marketscreener.com/news/varonis-systems-inc-acquired-slashnext-inc-ce7c50d3d08bf720
[2] https://www.streetinsider.com/SEC+Filings/Form+4+VARONIS+SYSTEMS+INC+For%3A+Aug+28+Filed+by%3A+Melamed+Guy/25286580.html
[3] https://www.stocktitan.net/news/VRNS/