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CHKP (CHKP) insider plans 4,744-share sale via Oppenheimer

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

An affiliated holder of CHKP has filed a notice of proposed sale of 4,744 ordinary shares, to be sold through Oppenheimer & Co. Inc. on the Nasdaq. The filing notes that 108,368,523 shares of this class are outstanding, providing context for the planned sale size.

The shares to be sold were originally acquired from the issuer through RSU and PSU grants between 2021 and 2024. The seller represents that they do not know of any undisclosed material adverse information about the issuer’s current or prospective operations.

Positive

  • None.

Negative

  • None.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does the CHKP Form 144 filing disclose about planned share sales?

The Form 144 filing discloses an intention to sell 4,744 ordinary shares of CHKP through Oppenheimer & Co. Inc. on Nasdaq. It is a notice of a potential sale by an affiliated holder, not confirmation that the transaction has already occurred.

How large is the planned CHKP share sale compared with shares outstanding?

The filing shows a planned sale of 4,744 ordinary shares versus 108,368,523 shares outstanding for this class. This indicates the proposed transaction is very small relative to the total share base disclosed in the document.

How were the CHKP shares in the Form 144 originally acquired?

The shares covered by the Form 144 were acquired from the issuer via restricted stock units (RSUs) and performance stock units (PSUs) granted between 2021 and 2024. These awards represent equity compensation rather than open‑market purchases.

Which broker and exchange are involved in the CHKP Form 144 sale?

The filing lists Oppenheimer & Co. Inc. at 85 Broad Street, New York, as the broker handling the proposed sale of 4,744 ordinary shares, with the securities to be traded on the Nasdaq exchange according to the disclosure.

What representations does the CHKP seller make in the Form 144 notice?

The seller represents that they do not know of any material adverse information about CHKP’s current or prospective operations that has not been publicly disclosed. This statement is required when filing a Form 144 notice for a proposed sale of restricted or control securities.
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