Check Point (CHKP) director sells 25,000 shares after option exercise
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Check Point Software Technologies director Yoav Chelouche reported an exercise-and-sell transaction involving 25,000 shares. He exercised stock options for 25,000 Ordinary Shares at $114.23 per share and sold 25,000 Ordinary Shares in open-market trades at a weighted average price of $140.2776 per share, with individual trades ranging from $140.00 to $141.31.
After these trades, Chelouche directly holds 4,008 Ordinary Shares, including 196 Restricted Share Units scheduled to vest on September 3, 2026. Footnotes also state he holds options over 60,000 additional Ordinary Shares with various exercise prices, of which 58,750 are vested as of June 4, 2026 and 1,250 are expected to vest on September 3, 2026, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 25,000 shares ($3,506,940)
Net Sell
2 txns
Insider
Chelouche Yoav
Role
null
Sold
25,000 shs ($3.51M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options | 25,000 | $114.23 | $2.86M |
| Sale | Ordinary Shares, NIS 0.01 Per Share | 25,000 | $140.2776 | $3.51M |
Holdings After Transaction:
Stock Options — 0 shares (Direct, null);
Ordinary Shares, NIS 0.01 Per Share — 4,008 shares (Direct, null)
Footnotes (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 $140.00 to $141.31. 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 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 4, 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.
Key Figures
Shares sold: 25,000 shares
Weighted average sale price: $140.2776 per share
Option exercise price: $114.23 per share
+5 more
8 metrics
Shares sold
25,000 shares
Ordinary Shares sold in open-market transactions on June 2, 2026
Weighted average sale price
$140.2776 per share
Average across multiple trades from $140.00 to $141.31
Option exercise price
$114.23 per share
Exercise price for 25,000 Stock Options converted into Ordinary Shares
Shares held after transaction
4,008 shares
Direct Ordinary Share holdings following reported transactions
RSUs outstanding
196 RSUs
Restricted Share Units vesting on September 3, 2026, subject to service
Options outstanding
60,000 shares underlying options
Options held with various exercise prices as referenced in footnotes
Vested options
58,750 shares
Portion of options vested as of June 4, 2026
Unvested options
1,250 shares
Options expected to vest on September 3, 2026, subject to service
Key Terms
Weighted average price, Restricted Share Units (RSUs), Stock Options, Ordinary Shares
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.
Stock Options financial
"In addition, there are 60,000 Ordinary Shares underlying options held by the Reporting Person..."
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.
FAQ
What did Check Point (CHKP) director Yoav Chelouche report in this Form 4?
Yoav Chelouche reported exercising options for 25,000 Ordinary Shares and selling 25,000 shares in open-market transactions. The filing details both the exercise price and the weighted average sale price, along with his remaining direct holdings and equity awards.
What stock options did Yoav Chelouche exercise in Check Point (CHKP)?
Chelouche exercised stock options covering 25,000 Ordinary Shares at an exercise price of $114.23 per share. These options were due to expire on June 18, 2026, and the exercise converted the derivative position into Ordinary Shares before the related sales.
What additional stock options does Yoav Chelouche retain in Check Point (CHKP)?
Footnotes state Chelouche holds options over 60,000 Ordinary Shares with different exercise prices. Of these, 58,750 were vested as of June 4, 2026, and 1,250 are expected to vest on September 3, 2026, contingent on his continued service with the company.