Pitango Venture Capital Principals Fund IV, L.P., 10% Owner at VARONIS SYSTEMS INC (VRNS), sold 48,086 shares at $31.03 ($1.5M) on 2016-11-14, disclosed to the SEC on 2016-11-15.
Open-market sale of $1.5M VRNS by 10% Owner. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $31.03 | 514 | $16K | 1.1% |
| 2 | $31.03 | 23,786 | $738K | 49.5% |
| 3 | $31.03 | 23,786 | $738K | 49.5% |
| Total | $31.03 avg | 48,086 | $1.5M | 100% |
| Filing → |
| VRNS | SELL | 2016-11-28 | $157K | — | Filing → |
| VRNS | SELL | 2016-11-21 | $1.7M | — | Filing → |
| VRNS | SELL | 2016-11-14 | $458K | — | Filing → |