CHECK POINT (NASDAQ: CHKP) CPO awarded 658 shares as PSUs vest
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kremer Nataly reported acquisition or exercise transactions in this Form 4 filing.
CHECK POINT SOFTWARE TECHNOLOGIES LTD Chief Product Officer Nataly Kremer received 658 Ordinary Shares on May 10, 2026. These shares were issued at $0.00 per share upon vesting of performance criteria for Performance Share Units that were originally granted on May 10, 2023.
Following this vesting, Kremer directly holds 22,532 Ordinary Shares. This figure includes 15,006 Restricted Share Units that are scheduled to vest in several installments between February 12, 2027 and February 12, 2029, subject to her continued service with the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kremer Nataly
Role
Chief Product Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares, NIS 0.01 Per Share | 658 | $0.00 | -- |
Holdings After Transaction:
Ordinary Shares, NIS 0.01 Per Share — 22,532 shares (Direct, null)
Footnotes (1)
- Reflects the issuance to the Reporting Person on May 10, 2026 of 658 Ordinary Share of the Issuer upon vesting of the performance criteria of Performance Share Units (PSUs) granted to the Reporting Person on May 10, 2023. Includes 15,006 Restricted Share Units (RSUs) that are scheduled to vest as follows: 3,458 on February 12, 2027 2,316 on May 10, 2027 3,458 on February 12, 2028 2,316 on May 10, 2028 3,458 on February 12, 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: 658 shares
Price per share: $0.00 per share
Total holdings after transaction: 22,532 shares
+3 more
6 metrics
Shares acquired
658 shares
Ordinary Shares issued on May 10, 2026 via PSU vesting
Price per share
$0.00 per share
Issue price for the 658 vested shares
Total holdings after transaction
22,532 shares
Direct Ordinary Shares held by Nataly Kremer after vesting
Unvested RSUs
15,006 RSUs
Restricted Share Units scheduled to vest between 2027 and 2029
RSUs vesting Feb 12, 2027
3,458 RSUs
First scheduled RSU vesting tranche on February 12, 2027
RSUs vesting May 10, 2027
2,316 RSUs
Scheduled RSU vesting tranche on May 10, 2027
Key Terms
Performance Share Units (PSUs), Restricted Share Units (RSUs), vesting, Service Provider
4 terms
vesting financial
"Reflects the issuance ... upon vesting of the performance criteria of Performance Share Units..."
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 on each vesting date."
FAQ
What insider transaction did CHECK POINT (CHKP) report for Nataly Kremer?
CHECK POINT reported that Chief Product Officer Nataly Kremer received 658 Ordinary Shares on May 10, 2026. The shares resulted from vesting of previously granted Performance Share Units with no cash price per share.
What future equity does the CHKP Chief Product Officer have scheduled to vest?
Nataly Kremer has 15,006 Restricted Share Units scheduled to vest between February 12, 2027 and February 12, 2029. Each RSU converts into one Ordinary Share if she continues serving the company through each vesting date.