Alexander KarpAlexander Karp earned $1B in 2024

In 2023, Yakov Faitelson earned $10.89M in total compensation at Varonis Systems, including $560.00K salary and $10.31M in stock. Most recently acquired 402,478 shares in Feb 2025. Currently holds stock worth $106.89M. Has donated $21.01M in stock to charitable causes. Has led Varonis Systems for over 11 years.

Compensation History

Annual executive compensation data for Yakov Faitelson, including salary, bonuses, and stock awards.

Year

2023

Total Compensation

$10.89M

Salary

$560.00K

Bonus

$0.00

Other

$24.92K

Salary

$560.00K

Board Justification

The compensation philosophy is designed to align executive compensation with company performance and shareholder interests, focusing on long-term value creation.

Bonus

$0.00

Board Justification

No bonus was awarded for 2023.

Other Compensation

$24.92K

Board Justification

Includes company matching contributions to the 401(k) savings plan and car allowance.

Restricted Stock

$10.31M227.59K RSU

Board Justification

The stock awards granted in 2023 are subject to vesting over four years, with the first installment vesting on February 29, 2024.

Performance Metrics

The performance metrics for the cash incentive plan are based on the achievement of company-wide financial goals.

V

Yakov Faitelson

Founder and CEO of Varonis Systems

Education

Bachelor's degree in Computer Science from Bar-Ilan University

Field of Expertise

Technology & Engineering - Technology

Sector of Economy

Technology

Born

January 1, 1968 - 57 years ago

CEO of Varonis Systems for

11 years 5 months (Jul 2014 - Present)

Previous Experience

Founder of Varonis Systems, Inc. and served as CEO since July 2014.

Holdings

Track Yakov Faitelson's stock holdings and portfolio value over time.

Total Stock Sold

$114.81M

VRNS

$114.81M

6,130,953 VRNS shares

What if they kept their stock?

If Yakov Faitelson didn't sell their stock, today they would have:
Extra VRNS6,130,953 shares worth $185.15M.
This is 61.27% and $70.34M more than what they got when they sold the stock.

Charitable Transactions

VRNS

695,651 shares

VRNS

Recent Charitable Transactions

VRNS

64,879 shares

VRNS

May 4, 2023

Charity

VRNS

93,569 shares

VRNS

Mar 15, 2023

Charity

VRNS

188,505 shares

VRNS

Nov 28, 2022

Charity

VRNS

123,530 shares

VRNS

Nov 4, 2022

Charity

VRNS

68,517 shares

VRNS

Aug 25, 2022

Charity

VRNS

45,791 shares

VRNS

Dec 14, 2020

Charity

Insider Trading

Yakov Faitelson's recent stock transactions, purchases, and sales filed with the SEC.

VRNS

402,478 shares

VRNS

Feb 3, 2025

Received

VRNS

$14.89M

VRNS at $44.88/share

May 9, 2024

Sale

VRNS

134,159 shares

VRNS

Feb 7, 2024

Received

VRNS

682,776 shares

VRNS

Feb 1, 2024

Received

VRNS

$149.83K

VRNS at $23.13/share

May 4, 2023

Purchase

VRNS

64,879 shares

VRNS

May 4, 2023

Charity

VRNS

64,879 shares

VRNS

May 4, 2023

Charity

VRNS

66,278 shares

VRNS

Mar 15, 2023

Charity

VRNS

93,569 shares

VRNS

Mar 15, 2023

Charity

VRNS

227,592 shares

VRNS

Feb 8, 2023

Received

Rivals

Compare Yakov Faitelson with competitor CEOs and industry peers.