Check Point (NASDAQ: CHKP) director Gil Shwed acquires shares through ESPP
Rhea-AI Filing Summary
Check Point Software Technologies Ltd. director and more-than-10% owner Gil Shwed acquired 17 Ordinary Shares on July 31, 2026 through the company’s Employee Stock Purchase Plan, at $108.0605 per share, equal to 85% of the Nasdaq closing price. Following this transaction, his direct holdings total 24,867,425 Ordinary Shares, held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 17 shares
Net Buy
1 txn
Insider
SHWED GIL
Role
Director, 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Ordinary Shares, NIS 0.01 Per Share F1, F2 | 17 | $108.0605 | $2K |
Holdings After Transaction:
Ordinary Shares, NIS 0.01 Per Share — 24,867,425 shares (Direct)
Footnotes (2)
- 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.
Key Figures
Shares acquired: 17 Ordinary Shares
Purchase price per share: $108.0605
Holdings after transaction: 24,867,425 Ordinary Shares
+1 more
4 metrics
Shares acquired
17 Ordinary Shares
Non-derivative acquisition on July 31, 2026 via Employee Stock Purchase Plan
Purchase price per share
$108.0605
Price paid per Ordinary Share in ESPP transaction
Holdings after transaction
24,867,425 Ordinary Shares
Direct ownership by Gil Shwed following the July 31, 2026 acquisition
ESPP purchase price factor
85%
Represents 85% of the Nasdaq closing price on the applicable purchase date
Key Terms
Employee Stock Purchase Plan, Ordinary Shares, closing price
3 terms
Employee Stock Purchase Plan financial
"purchased pursuant to the Issuer's Employee Stock Purchase Plan using accumulated"
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.
closing price financial
"represented 85% of the closing price on Nasdaq of the Ordinary Share"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Gil Shwed report for CHKP in this Form 4?
Gil Shwed reported acquiring 17 Ordinary Shares of Check Point Software Technologies Ltd. on July 31, 2026. The shares were purchased through the company’s Employee Stock Purchase Plan using accumulated payroll deductions for the applicable offering period.
Was the CHKP insider trade by Gil Shwed a direct or indirect holding change?
The Form 4 shows this as a direct ownership change. The 17 acquired Ordinary Shares are reported as held directly by Gil Shwed, increasing his direct position to 24,867,425 shares following the employee stock purchase plan transaction.