DAN BODNER - 23 Apr 2024 Form 4 Insider Report for VERINT SYSTEMS INC (VRNT)

Signature
/s/ Peter D. Fante, as Attorney-in-Fact for Dan Bodner
Issuer symbol
VRNT
Transactions as of
23 Apr 2024
Net transactions value
-$1,051,170
Form type
4
Filing time
23 Apr 2024, 21:01:51 UTC
Previous filing
23 Apr 2024
Next filing
12 Jun 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VRNT Common Stock Sale $1,051,170 -35,039 -3.4% $30.00 991,748 23 Apr 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1(c) trading plan adopted by the reporting person on December 20, 2022.