secwatch.observer — SEC 8-K summary
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Issuer:     VARONIS SYSTEMS INC (VRNS)
CIK:        0001361113
Form:       8-K
Filed at:   2022-01-19T23:59:59+00:00
Accession:  0001171843-22-000344
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Varonis expands board to 11, elects Carlos Aued and Avrohom J. Kess as directors
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- Board size increased from 9 to 11; Aued (Class II) and Kess (Class III) elected effective Jan 19, 2022.
- Kess, Vice Chairman & CLO of Travelers, also joins Compensation Committee.
- Aued was a systems architect leader at Cisco for 25 years; prior roles at Micom, Unisys, BayNetworks.
- Aued's daughter Alexa Kusovitsky employed by Varonis since 2014; 2021 total comp ~$163,000.
- Both directors compensated under existing program disclosed in April 2021 proxy.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1361113/000117184322000344/0001171843-22-000344-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1361113/000117184322000344/f8k_011922.htm
  HTML page:      https://secwatch.observer/filing/0001171843-22-000344

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer