VERINT SYSTEMS INC — Director's Dealing 2025

Dec 2, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VERINT SYSTEMS INC (VRNT)
CIK: 0001166388
Period of Report: 2025-11-26

Reporting Person: Valor Buyer LP (N/A)
Reporting Person: Valor Topco Ltd (N/A)
Reporting Person: Apax X GP Co. Ltd (N/A)
Reporting Person: Apax Guernsey (Holdco) PCC Ltd (N/A)
Reporting Person: Apax X GP S.a r.l. (N/A)
Reporting Person: Valor Buyer GP LLC (N/A)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-11-26	Series A Convertible Perpetual Preferred Stock	$	S	200000	Disposed		Common Stock (5497526.11)	Direct
2025-11-26	Series B Convertible Perpetual Preferred Stock	$	S	200000	Disposed		Common Stock (3980099.5)	Direct

Footnotes

F1: The Series A Convertible Perpetual Preferred Stock (the "Series A Preferred Stock") is convertible at the option of a holder at any time into shares of common stock ("Common Stock") at an initial conversion price of $36.38 per share. The Series A Preferred Stock has no expiration date.

F2: In connection with the acquisition of the Issuer by Calabrio, Inc., pursuant to the August 24, 2025, Agreement and Plan of Merger by and among the parties thereto, the reported shares of Series A Preferred Stock were disposed of for $203,222,222.22 and the reported shares of Series B Convertible Perpetual Preferred Stock (the "Series B Preferred Stock") were disposed of for $203,222,222.22.

F3: Valor Buyer GP LLC ("Valor GP") is the general partner of Valor Buyer LP and 100% of the equity interests in Valor GP is held by Valor Topco Limited ("Valor Limited"). Apax X GP Co. Limited ("Apax Limited"), in its capacity as investment manager of the Apax X fund (other than Apax X EUR SCSp), holds 99.34% of the shares of Valor Limited. Apax X GP S.a r.l. ("Apax X"), in its capacity as managing general partner of Apax X EUR SCSp, holds 0.66% of the shares of Valor Limited. Apax Guernsey (Holdco) PCC Limited Apax X Cell ("Apax PCC") is the sole parent of Apax Limited and Apax X. As a result, Valor GP, Valor Limited, Apax Limited, Apax X and Apax PCC may be deemed to beneficially own, and have shared voting and dispositive power with respect to the reported securities. Valor GP, Valor Limited, Apax Limited, Apax X and Apax PCC disclaim beneficial ownership of the reported securities, except to the extent of their pecuniary interest therein.

F4: The Series B Preferred Stock is convertible at the option of a holder at any time into shares of the Common Stock at an initial conversion price of $50.25 per share. The Series B Preferred Stock has no expiration date.