STOCK TITAN

Check Point (CHKP) director sells 25,000 shares after option exercise

Filing Impact
(Very High)
Filing Sentiment
(Very Negative)
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 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)
  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.
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
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.
Restricted Share Units (RSUs) financial
"Includes 196 Restricted Share Units (RSUs) that are held by the Reporting Person..."
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..."
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.
Ordinary Shares financial
"The Reporting Person exercised options to purchase 25,000 Ordinary Shares of the Issuer."
Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.
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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*
Chelouche Yoav

(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
[CHKP]
3. Date of Earliest Transaction (Month/Day/Year)
06/02/2026
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 Share06/02/2026S(1)25,000D$140.2776(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$114.2306/02/2026M25,00006/19/202006/18/2026Ordinary 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 $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.
3. 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.
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 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.
/S/ Shira Yashar - Attorney-in-Fact06/04/2026
** 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 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.

How many Check Point (CHKP) shares did Yoav Chelouche sell and at what price?

He sold 25,000 Ordinary Shares in open-market trades at a weighted average price of about $140.2776 per share. Footnotes note individual sale prices ranged from $140.00 to $141.31 across multiple transactions on the same date.

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.

How many Check Point (CHKP) shares does Yoav Chelouche hold after the transactions?

Following the reported transactions, Chelouche directly holds 4,008 Ordinary Shares. This figure includes 196 Restricted Share Units that will settle into shares upon vesting, assuming he continues to serve as a service provider through the vesting date.

What Restricted Share Units (RSUs) does Yoav Chelouche have in Check Point (CHKP)?

He holds 196 RSUs that are scheduled to vest on September 3, 2026, subject to his continued service. Each RSU entitles him to receive one Ordinary Share of Check Point Software Technologies upon vesting and settlement according to the terms described.

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.