Vanguard Group Inc's Ownership in Varonis Systems Inc

The Vanguard Group Inc filed a Schedule 13G/A amendment on October 31, 2025, disclosing its ownership of 12,595,348 shares of Varonis Systems Inc's common stock, representing 11.24% of the total shares. The filing indicates that Vanguard has sole dispositive power over 11,698,981 shares and shared dispositive power over 896,367 shares. The shares are held by Vanguard's clients, including investment companies and managed accounts, with no single client owning more than 5% of the shares. The filing certifies that the shares were acquired and are held in the ordinary course of business and not for the purpose of influencing the control of Varonis Systems Inc.