Check Point Software Technologies (CHKP) plans Form 144 sale of 428 shares
Rhea-AI Filing Summary
Check Point Software Technologies Ltd. reports a planned sale of ordinary shares under a Form 144 notice. The filer intends to sell 428 ordinary shares through Oppenheimer & Co. Inc., with the shares associated with an Employee Stock Purchase Plan and acquired on 07/31/2026, with a proposed sale date of 08/03/2026 for cash payment upon exercise of stock options.
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Key Figures
Planned shares to be sold: 428 ordinary shares
Acquisition date of shares: 07/31/2026
Proposed sale date: 08/03/2026
3 metrics
Planned shares to be sold
428 ordinary shares
Number of Check Point ordinary shares covered by the Form 144 notice
Acquisition date of shares
07/31/2026
Date the 428 ordinary shares were acquired under the Employee Stock Purchase Plan
Proposed sale date
08/03/2026
Planned date for potential sale of the 428 ordinary shares
Key Terms
Form 144, Employee Stock Purchase Plan, cash payment upon exercise of stock options
3 terms
Form 144 regulatory
"reports a planned sale of ordinary shares under a Form 144 notice"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Employee Stock Purchase Plan financial
"The shares are linked to an Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
cash payment upon exercise of stock options financial
"with a proposed sale date for cash payment upon exercise of stock options"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does Check Point Software Technologies (CHKP) disclose in this Form 144?
Check Point Software Technologies discloses a planned sale of 428 ordinary shares under Form 144. The shares are linked to an Employee Stock Purchase Plan and are expected to be sold through Oppenheimer & Co. Inc.
What is the role of Oppenheimer & Co. Inc. in the CHKP Form 144?
Oppenheimer & Co. Inc. is listed as the broker handling the potential sale of 428 ordinary shares of Check Point Software Technologies. The broker’s New York address accompanies the planned transaction details in the Form 144 notice.
What plan is referenced in Check Point Software Technologies (CHKP) Form 144?
The filing references an Employee Stock Purchase Plan in connection with the 428 ordinary shares. It also notes a cash payment upon exercise of stock options as the consideration tied to the planned sale of these shares.