Check Point (CHKP) CRO trades 10,272 shares under 10b5-1 plan
Rhea-AI Filing Summary
Check Point Software Technologies' Chief Revenue Officer Sherif Seddik sold 10,272 Ordinary Shares on August 4, 2026 at a weighted average price of $123.5889 per share, in transactions ranging from $122.19 to $124.10, under a Rule 10b5-1 trading plan, and now holds 24,675 shares including 23,874 RSUs scheduled to vest through September 4, 2029.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 10,272 shares
Net Sell
1 txn
Insider
Seddik Sherif
Role
Chief Revenue Officer
Sold
10,272 shs ($1.27M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares, NIS 0.01 Per Share F1, F2 | 10,272 | $123.5889 | $1.27M |
Holdings After Transaction:
Ordinary Shares, NIS 0.01 Per Share — 24,675 shares (Direct)
Footnotes (2)
- F1. The price reported in Column 4 is a weighted average price. These Ordinary Shares were sold in multiple transactions at prices ranging from $122.19 to $124.10. The reporting person undertakes to provide, upon request by the SEC staff, the Issuer, or any security holder of the Issuer, full information regarding the number of Ordinary Shares sold at each separate price.
- F2. Includes 23,874 Restricted Share Units (RSUs) that are scheduled to vest as follows: 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.
Key Figures
Shares sold: 10,272 Ordinary Shares
Weighted average sale price: $123.5889 per share
Sale price range: $122.19 to $124.10 per share
+3 more
6 metrics
Shares sold
10,272 Ordinary Shares
Non-derivative sale on August 4, 2026 by Chief Revenue Officer Sherif Seddik
Weighted average sale price
$123.5889 per share
Average price for the 10,272 Ordinary Shares sold on August 4, 2026
Sale price range
$122.19 to $124.10 per share
Range of prices for the multiple transactions comprising the reported sale
Shares held after transaction
24,675 Ordinary Shares
Direct holdings reported following the August 4, 2026 sale
RSUs included in holdings
23,874 RSUs
Restricted Share Units scheduled to vest in tranches through September 4, 2029
First RSU vesting tranche
3,932 RSUs on September 4, 2026
Initial scheduled vesting date for RSUs, subject to continued service
Key Terms
Weighted average price, Restricted Share Units (RSUs), Ordinary Shares, NIS 0.01 Per Share, vesting and settlement
4 terms
Weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
vesting and settlement financial
"the right to receive one Ordinary Share of the Issuer upon vesting and settlement"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Sherif Seddik report for Check Point (CHKP)?
Sherif Seddik, Check Point’s Chief Revenue Officer, reported selling 10,272 Ordinary Shares on August 4, 2026. The transaction involved non-derivative shares and was executed under a Rule 10b5-1 trading plan, with updated post-transaction holdings disclosed.
What role does Sherif Seddik hold at Check Point (CHKP)?
Sherif Seddik serves as Check Point’s Chief Revenue Officer. As a senior officer, his equity transactions in Ordinary Shares and RSUs are reportable, and this Form 4 filing provides details on his recent share sale and remaining holdings.
How are Sherif Seddik’s RSUs in Check Point (CHKP) scheduled to vest?
He holds 23,874 RSUs scheduled to vest in multiple tranches from September 4, 2026 through September 4, 2029. Each RSU converts into one Ordinary Share upon vesting and settlement, contingent on his continued service with Check Point.