Check Point director reports RSUs, 25,000 options
New CHKP director Yoram Tietz reports initial equity holdings consisting of RSUs and stock options subject to multi-year vesting.
Rhea-AI Filing Summary
CHECK POINT SOFTWARE TECHNOLOGIES LTD (CHKP) reports initial holdings for director Yoram Tietz. He holds 1,493 Ordinary Shares, all in the form of Restricted Share Units (RSUs), and stock options over 25,000 Ordinary Shares with an exercise price of $133.89 per share expiring on September 1, 2033.
The 1,493 RSUs are scheduled to vest in four annual tranches from September 2, 2027 through September 2, 2030, and the 25,000 option shares are likewise scheduled to vest in four equal annual tranches over the same dates, in each case subject to his continued service as a Service Provider.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Tietz Yoram
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Options F2 | -- | -- | -- |
| holding | Ordinary Shares, NIS 0.01 Per Share F1 | -- | -- | -- |
Holdings After Transaction:
Stock Options — 25,000 contracts (Direct);
Ordinary Shares, NIS 0.01 Per Share — 1,493 shares (Direct)
Footnotes (2)
- F1. Includes 1,493 Restricted Share Units (RSUs) that are scheduled to vest as follows: 374 on September 2, 2027, 373 on September 2, 2028, 373 on September 2, 2029, 373 on September 2, 2030 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. 25,000 Ordinary Shares underlying the option are scheduled to vest as follows: 6,250 on September 2, 2027, 6,250 on September 2, 2028 6,250 on September 2, 2029, 6,250 on September 2, 2030 subject to the Reporting Person's continued service as a Service Provider of the Issuer on the vesting date.
Key Figures
RSUs held: 1,493 shares
Options underlying shares: 25,000 shares
Option exercise price: $133.89 per share
+3 more
6 metrics
RSUs held
1,493 shares
Restricted Share Units representing Ordinary Shares held directly as of the Form 3
Options underlying shares
25,000 shares
Ordinary Shares underlying stock options held directly
Option exercise price
$133.89 per share
Exercise price for 25,000 stock option shares
Option expiration date
September 1, 2033
Expiration of reported stock options
RSU vesting tranches
374; 373; 373; 373 shares
RSUs vesting annually from September 2, 2027 through September 2, 2030
Option vesting tranches
6,250 shares per year
Option shares vesting annually from September 2, 2027 through September 2, 2030
Key Terms
Restricted Share Units (RSUs), Ordinary Shares, exercise price, expiration date, +1 more
5 terms
exercise price financial
"exercisePrice: "133.8900""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
expiration date financial
"expirationDate: "2033-09-01""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
Service Provider regulatory
"subject to the Reporting Person's continued service as a Service Provider"
FAQ
How many CHKP RSUs does Yoram Tietz hold and when do they vest?
He holds 1,493 RSUs, scheduled to vest in four tranches: 374 on September 2, 2027, and 373 on each of September 2, 2028, 2029, and 2030, subject to his continued service as a Service Provider on each vesting date.
What CHKP stock options does Yoram Tietz report on the Form 3?
He reports stock options over 25,000 Ordinary Shares with an exercise price of $133.89 per share and an expiration date of September 1, 2033, held directly.
What is the vesting schedule for Yoram Tietz’s CHKP stock options?
The 25,000 option shares are scheduled to vest in four equal tranches of 6,250 shares each on September 2, 2027, 2028, 2029, and 2030, subject to his continued service as a Service Provider on each vesting date.
Does CHKP’s Form 3 report any recent buy or sell transactions by Yoram Tietz?
No. The Form 3 lists holdings of RSUs and stock options for Yoram Tietz but does not report any purchase or sale transactions; it is an initial ownership statement.
AI-generated analysis. How Rhea-AI works. Not financial advice.
