Check Point (NASDAQ: CHKP) CEO buys 956 shares via ESPP plan
Rhea-AI Filing Summary
Check Point Software Technologies CEO Zafrir Nadiv acquired 956 Ordinary Shares on July 31, 2026 through the company’s Employee Stock Purchase Plan, using accumulated payroll deductions during the offering period. The ESPP purchase price was $108.0605 per share, equal to 85% of the Nasdaq closing price on the applicable purchase date. After this transaction, he directly holds 56,867 Ordinary Shares, including 42,596 Restricted Share Units scheduled to vest in tranches from September 3, 2026 through December 1, 2029, each RSU representing one share upon vesting and settlement, subject to his continued service.
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Insights
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Insider Trade Summary
Net Buyer: 956 shares
Net Buy
1 txn
Insider
Zafrir Nadiv
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Ordinary Shares, NIS 0.01 Per Share F1, F2, F3 | 956 | $108.0605 | $103K |
Holdings After Transaction:
Ordinary Shares, NIS 0.01 Per Share — 56,867 shares (Direct)
Footnotes (3)
- F1. The reported acquisition represents Ordinary Share of the Issuer purchased pursuant to the Issuer's Employee Stock Purchase Plan using accumulated payroll deductions during the applicable offering period.
- F2. The purchase price represented 85% of the closing price on Nasdaq of the Ordinary Share of the Issuer on the applicable purchase date.
- F3. Includes 42,596 Restricted Share Units (RSUs) that are scheduled to vest as follows: 10,445 on September 3, 2026, 5,495 on December 1, 2026, 5,222 on September 3, 2027, 5,495 on December 1, 2027, 5,222 on September 3, 2028, 5,495 on December 1, 2028, 5,222 on September 3, 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 acquired: 956 Ordinary Shares
Purchase price per share: $108.0605 per share
ESPP discount factor: 85% of closing price
+4 more
7 metrics
Shares acquired
956 Ordinary Shares
Acquired on July 31, 2026 via the Employee Stock Purchase Plan
Purchase price per share
$108.0605 per share
ESPP purchase price for Ordinary Shares on the applicable purchase date
ESPP discount factor
85% of closing price
ESPP purchase price represented 85% of Nasdaq closing price on purchase date
Shares owned after transaction
56,867 Ordinary Shares
Direct holdings following the reported ESPP acquisition
Restricted Share Units outstanding
42,596 RSUs
RSUs included in post-transaction holdings; each RSU equals one Ordinary Share upon vesting
Earliest RSU vesting tranche
10,445 RSUs
Scheduled to vest on September 3, 2026, subject to continued service
Final RSU vesting tranche
5,222 RSUs
Scheduled to vest on September 3, 2029, subject to continued service
Key Terms
Employee Stock Purchase Plan, Restricted Share Units (RSUs), vesting, Service Provider
4 terms
Employee Stock Purchase Plan financial
"purchased pursuant to the Issuer's Employee Stock Purchase Plan using accumulated payroll"
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.
vesting financial
"that are scheduled to vest as follows: 10,445 on September 3, 2026"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Service Provider financial
"subject to the Reporting Person's continued service as a Service Provider of the Issuer"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Check Point (CHKP) CEO Zafrir Nadiv report?
Zafrir Nadiv reported acquiring 956 Ordinary Shares of Check Point through the company’s Employee Stock Purchase Plan. The shares were bought using accumulated payroll deductions during the offering period at a discounted price linked to Nasdaq’s closing price.
What is Zafrir Nadiv’s total reported equity position in Check Point (CHKP)?
Following the ESPP purchase, he directly holds 56,867 Ordinary Shares, which include 42,596 Restricted Share Units (RSUs). Each RSU represents the right to receive one Ordinary Share upon vesting and settlement, contingent on continued service.
How are Zafrir Nadiv’s Check Point (CHKP) RSUs scheduled to vest?
His 42,596 RSUs vest in seven tranches between September 3, 2026 and December 1, 2029: 10,445; 5,495; 5,222; 5,495; 5,222; 5,495; and 5,222 RSUs, each subject to his continued service with the company.