STOCK TITAN

Check Point (NASDAQ: CHKP) director exercises options, sells 25,000 shares

Filing Impact
(Very High)
Filing Sentiment
(Very Negative)
Form Type
4

Rhea-AI Filing Summary

Check Point Software Technologies director Shavit Shenhav Tal exercised and sold shares in a single transaction sequence. On June 11, 2026, the director exercised stock options to acquire 25,000 Ordinary Shares at an exercise price of $114.23 per share, then sold the same 25,000 shares in open-market transactions at a weighted average price of $123.0699 per share.

After these trades, the director holds 4,008 Ordinary Shares directly, which includes 196 Restricted Share Units scheduled to vest on September 3, 2026. Footnotes also note 60,000 Ordinary Shares underlying options held, of which 58,750 were vested as of June 15, 2026 and 1,250 are expected to vest on September 3, 2026, all subject to continued service.

Positive

  • None.

Negative

  • None.
Insider Shavit Shenhav Tal
Role null
Sold 25,000 shs ($3.08M)
Type Security Shares Price Value
Exercise Stock Options 25,000 $114.23 $2.86M
Sale Ordinary Shares, NIS 0.01 Per Share 25,000 $123.0699 $3.08M
Holdings After Transaction: Stock Options — 0 shares (Direct, null); Ordinary Shares, NIS 0.01 Per Share — 4,008 shares (Direct, null)
Footnotes (1)
  1. The Reporting Person exercised options to purchase 25,000 Ordinary Shares of the Issuer. The price reported in Column 4 is a weighted average price. These Ordinary Shares were sold in multiple transactions at prices ranging from $121.675 to $124.08. 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. Includes 196 Restricted Share Units (RSUs) that are that are held by the Reporting Person and will vest on September 3, 2026, 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. In addition, there are 60,000 Ordinary Shares underlying options held by the Reporting Person with different exercise prices, of which 58,750 are vested as of June 15, 2026, and the remaining 1,250 Ordinary Shares underlying the option will vest on September 3, 2026, subject to the Reporting Person's continued service a Service Provider of the Issuer on the vesting date.
Shares sold 25,000 shares Ordinary Shares sold in open-market transactions on June 11, 2026
Weighted average sale price $123.0699 per share Ordinary Shares sold across multiple trades on June 11, 2026
Options exercise price $114.23 per share Stock options exercised for 25,000 Ordinary Shares
Shares held after transaction 4,008 shares Direct Ordinary Share holdings following June 11, 2026 trades
Restricted Share Units 196 RSUs RSUs scheduled to vest on September 3, 2026
Options underlying shares 60,000 shares Ordinary Shares underlying options held as referenced in footnotes
Vested options as of June 15, 2026 58,750 shares Portion of 60,000 underlying option shares already vested
Future vesting options 1,250 shares Option shares expected to vest on September 3, 2026
Restricted Share Units (RSUs) financial
"Includes 196 Restricted Share Units (RSUs) that are that are held by the Reporting Person and will vest on September 3, 2026"
Restricted share units (RSUs) are a form of employee pay where a company promises to give shares (or their cash value) to workers after certain conditions, usually time or performance, are met. For investors, RSUs matter because they can increase the number of shares outstanding and signal how management is being paid and incentivized—think of them as delayed bonuses that convert into ownership when vesting conditions are satisfied.
Stock Options financial
"In addition, there are 60,000 Ordinary Shares underlying options held by the Reporting Person with different exercise prices"
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
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.
vest financial
"will vest on September 3, 2026, subject to the Reporting Person's continued service as a Service Provider of the Issuer"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Shavit Shenhav Tal

(Last)(First)(Middle)
5 SHLOMO KAPLAN STREET

(Street)
TEL AVIV6789159

(City)(State)(Zip)

ISRAEL

(Country)
2. Issuer Name and Ticker or Trading Symbol
CHECK POINT SOFTWARE TECHNOLOGIES LTD [ CHKP ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/11/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Ordinary Shares, NIS 0.01 Per Share06/11/2026S(1)25,000D$123.0699(2)4,008(3)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Options$114.2306/11/2026M25,00006/19/202006/18/2026Ordinary Shares25,000$114.230(4)D
Explanation of Responses:
1. The Reporting Person exercised options to purchase 25,000 Ordinary Shares of the Issuer.
2. The price reported in Column 4 is a weighted average price. These Ordinary Shares were sold in multiple transactions at prices ranging from $121.675 to $124.08. 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.
3. Includes 196 Restricted Share Units (RSUs) that are that are held by the Reporting Person and will vest on September 3, 2026, 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.
4. In addition, there are 60,000 Ordinary Shares underlying options held by the Reporting Person with different exercise prices, of which 58,750 are vested as of June 15, 2026, and the remaining 1,250 Ordinary Shares underlying the option will vest on September 3, 2026, subject to the Reporting Person's continued service a Service Provider of the Issuer on the vesting date.
/S/ Shira Yashar - Attorney-in-Fact06/15/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Check Point (CHKP) director Shavit Shenhav Tal report in this Form 4?

The director reported an exercise-and-sell transaction involving 25,000 Ordinary Shares. Options were exercised at $114.23 per share, and the resulting shares were sold at a weighted average price of $123.0699 on June 11, 2026 in open-market trades.

How many Check Point (CHKP) shares did the director sell and at what price?

The director sold 25,000 Ordinary Shares in open-market transactions. The filing states a weighted average sale price of $123.0699 per share, with individual trade prices ranging from $121.675 to $124.08, all executed on June 11, 2026.

What stock options did the Check Point (CHKP) director exercise in this filing?

The director exercised options on 25,000 Ordinary Shares at an exercise price of $114.23 per share. These options were originally exercisable from June 19, 2020 and were set to expire on June 18, 2026, after which no options from this grant remained.

How many Check Point (CHKP) shares does the director hold after the reported transactions?

After the transactions, the director directly holds 4,008 Ordinary Shares. This figure includes 196 Restricted Share Units that are scheduled to vest on September 3, 2026, assuming the director continues to serve as a service provider through each vesting date.

What future equity does the Check Point (CHKP) director have through RSUs and options?

The filing notes 196 RSUs, each representing one Ordinary Share upon vesting on September 3, 2026. It also indicates 60,000 Ordinary Shares underlying stock options, with 58,750 vested as of June 15, 2026 and 1,250 scheduled to vest on September 3, 2026.

Were the Check Point (CHKP) share sales made at a single price or multiple prices?

The sales were made at multiple prices. The Form 4 reports a weighted average sale price of $123.0699 per share, with individual transaction prices ranging from $121.675 to $124.08. Detailed trade breakdowns are available upon request from the reporting person.