Gil Shwed details Check Point (CHKP) share and stock option stake
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
CHECK POINT SOFTWARE TECHNOLOGIES LTD director and more-than-10% owner Gil Shwed filed an initial Form 3 showing his existing equity stake. He directly holds 24,870,408 Ordinary Shares, NIS 0.01 per share, plus multiple stock option grants, including 500,000 underlying shares at an exercise price of 122.4100 expiring on August 2, 2027. Additional option awards cover hundreds of thousands of underlying shares at exercise prices from 123.0500 to 191.4700, with expirations running through September 2, 2032. Footnotes state that some grants are fully vested as of March 18, 2026, while others vest in scheduled tranches through September 3, 2029, contingent on his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
7 transactions reported
Mixed
7 txns
Insider
SHWED GIL
Role
Director, 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Ordinary Shares, NIS 0.01 Per Share | -- | -- | -- |
Holdings After Transaction:
Stock Options — 500,000 shares (Direct);
Ordinary Shares, NIS 0.01 Per Share — 24,870,408 shares (Direct)
Footnotes (1)
- 100% of the Ordinary Shares underlying the option are vested as of March 18, 2026. 400,000 Ordinary Shares underlying the option are vested as of March 18, 2026, and the remaining 100,000 Ordinary Shares underlying the option will vest as follows: 100,000 options on August 30, 2026, subject to the Reporting Person's continued service a Service Provider of the Issuer on the vesting date. 180,000 Ordinary Shares underlying the option are vested as of March 18, 2026, and the remaining 120,000 Ordinary Shares underlying the option will vest as follows: 60,000 options on August 3, 2026 and 60,000 options on August 3, 2027, subject to the Reporting Person's continued service a Service Provider of the Issuer on the vesting date. 42,500 Ordinary Shares underlying the option are vested as of March 18, 2026, and the remaining 127,500 Ordinary Shares underlying the option will vest as follows: 42,500 options on October 31, 2026, 42,500 options on October 31, 2027 and 42,500 options on October 31, 2028, subject to the Reporting Person's continued service a Service Provider of the Issuer on the vesting date. No Ordinary Shares underlying the option are vested as of March 18, 2026. The 170,000 Ordinary Shares underlying the option will vest as follows: 42,500 options on September 3, 2026, 42,500 options on September 3, 2027, 42,500 options on September 3, 2028 and 42,500 options on September 3, 2029, subject to the Reporting Person's continued service a Service Provider of the Issuer on the vesting date.
FAQ
What does Gil Shwed’s Form 3 filing for CHECK POINT SOFTWARE TECHNOLOGIES (CHKP) show?
The Form 3 shows Gil Shwed’s existing ownership in Check Point. He reports 24,870,408 Ordinary Shares held directly, plus several stock option grants over additional shares at specified exercise prices and expiration dates, with various vesting schedules tied to continued service.
What stock option grants are disclosed for Gil Shwed in the CHKP Form 3?
The filing lists multiple stock option positions over Ordinary Shares. Examples include options over 500,000 shares at an exercise price of $122.41 expiring August 2, 2027, and 300,000 shares at $131.96 expiring August 2, 2030, all held directly by Shwed.
How are Gil Shwed’s CHKP stock options structured in terms of vesting?
Vesting terms vary by grant. One option grant is 100% vested as of March 18, 2026, while others vest in tranches on specific future dates through September 3, 2029, subject to Gil Shwed’s continued service as a service provider to the company.
Does Gil Shwed’s CHKP Form 3 indicate recent insider buying or selling?
The Form 3 functions as an initial ownership statement and lists holdings rather than trades. The transactions are classified as holdings with an unknown transaction code, and the summary data show no recorded buys, sells, exercises, gifts, or tax withholdings in this filing.