Check Point CRO reports initial share holdings
CHECK POINT SOFTWARE TECHNOLOGIES LTD Chief Revenue Officer Seddik Sherif filed a Form 3 reporting his initial holdings.
Rhea-AI Filing Summary
CHECK POINT SOFTWARE TECHNOLOGIES LTD Chief Revenue Officer Seddik Sherif filed a Form 3 reporting his initial holdings. He directly owns 30,305 Ordinary Shares, including 26,957 Restricted Share Units that vest between July 2026 and September 2029, subject to continued service.
He also holds stock options over 41,935 Ordinary Shares at an exercise price of $190.77 per share, expiring on September 3, 2032. These options vest in four equal annual tranches from September 4, 2026 through September 4, 2029, contingent on his ongoing role as a service provider.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Options | -- | -- | -- |
| holding | Ordinary Shares, NIS 0.01 Per Share | -- | -- | -- |
Footnotes (2)
- F1. Includes 26,957 Restricted Share Units (RSUs) that are scheduled to vest as follows: 3,083 on July 10, 2026, 3,932 on September 4, 2026, 1,985 on May 10, 2027, 3,082 on July 10, 2027, 3,931 on September 4, 2027, 3,082 on July 10, 2028, 3,931 on September 4, 2028, 3,931 on September 4, 2029. subject to the Reporting Person's continued service as a Service Provider of the Issuer on each vesting date. Each RSU represents the right to receive one Ordinary Share of the Issuer upon vesting and settlement.
- F2. 41,935 Ordinary Shares underlying the option will vest as follows: 10,484 options on September 4, 2026, 10,484 options on September 4, 2027, 10,484 options on September 4, 2028, 10,483 options on September 4, 2029, subject to the Reporting Person's continued service a Service Provider of the Issuer on the vesting date.
Key Figures
Key Terms
Stock Options financial
exercise price financial
Service Provider financial
FAQ
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What does the Form 3 filing by CHKP executive Seddik Sherif report?
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Are Seddik Sherif’s CHKP RSUs and options subject to service conditions?
AI-generated analysis. How Rhea-AI works. Not financial advice.