Check Point (CHKP) Form 144 details planned sale of 701 ESPP shares
Rhea-AI Filing Summary
Check Point Software Technologies Ltd. has a Form 144 notice covering a proposed sale of ordinary shares acquired under an Employee Stock Purchase Plan. The filing indicates an intention to sell 701 ordinary shares of Check Point through Oppenheimer & Co. Inc. on Nasdaq on or about August 3, 2026, with purchase under the plan dated July 31, 2026. The transaction is to be settled in cash via payroll deductions.
Positive
- None.
Negative
- None.
Key Figures
Shares to be sold: 701 shares
Planned sale date: 08/03/2026
Plan purchase date: 07/31/2026
3 metrics
Shares to be sold
701 shares
Ordinary shares of Check Point Software Technologies Ltd. covered by the Form 144
Planned sale date
08/03/2026
Expected date of sale of the 701 ordinary shares on Nasdaq
Plan purchase date
07/31/2026
Date tied to the Employee Stock Purchase Plan for the shares
Key Terms
Form 144, Employee Stock Purchase Plan, Ordinary Shares, Cash Via Payroll deductions
4 terms
Form 144 regulatory
"144: Securities To Be Sold"
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
"Ordinary Shares | 07/31/2026 | 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 Via Payroll deductions financial
"701 | 08/03/2026 | Cash Via Payroll deductions"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does Check Point Software Technologies (CHKP) disclose in this Form 144?
The Form 144 discloses an intended sale of 701 ordinary shares of Check Point Software Technologies Ltd., acquired under an Employee Stock Purchase Plan, to be sold through Oppenheimer & Co. Inc. on Nasdaq.
How will the Check Point (CHKP) Form 144 transaction be funded?
The transaction is described as being funded via cash through payroll deductions, reflecting standard mechanics for an Employee Stock Purchase Plan for the 701 ordinary shares to be sold.