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Check Point (CHKP) CRO Seddik gets 6,147 PSU shares and 2,306 withheld

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Check Point Software Technologies Ltd. reported equity compensation activity for Chief Revenue Officer Sherif Seddik. On July 10, 2026, Seddik acquired 6,147 Ordinary Shares upon vesting of Performance Share Units granted on July 10, 2024. On the same date, a total of 2,306 Ordinary Shares were disposed of through tax-withholding transactions at $131.70 per share to satisfy tax obligations related to the PSU and RSU vesting; these were effected under the equity compensation plan and are not discretionary market sales. Following these transactions, Seddik directly holds 36,452 Ordinary Shares, and his holdings include 23,874 Restricted Share Units scheduled to vest between September 2026 and September 2029, each RSU deliverable as one Ordinary Share upon vesting and settlement.

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Insider Seddik Sherif
Role Chief Revenue Officer
Type Security Shares Price Value
Grant/Award Ordinary Shares, NIS 0.01 Per Share 6,147 $0.00 --
Tax Withholding Ordinary Shares, NIS 0.01 Per Share 1,536 $131.70 $202K
Tax Withholding Ordinary Shares, NIS 0.01 Per Share 770 $131.70 $101K
Holdings After Transaction: Ordinary Shares, NIS 0.01 Per Share — 36,452 shares (Direct)
Footnotes (1)
  1. Reflects the issuance to the Reporting Person on July 10, 2026 of 6,147 Ordinary Share of the Issuer upon vesting of the performance criteria of Performance Share Units (PSUs) granted to the Reporting Person on July 10, 2024. The shares reported as disposed represent Ordinary Shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting and settlement of the PSUs. The withholding of the Ordinary Shares was effected pursuant to the terms of the equity compensation plan and does not represent a discretionary sale by the Reporting Person. The shares reported as disposed represent Ordinary Shares withheld by the Issuer to satisfy tax withholding obligations in connection with the issuance of 3,083 Ordinary Shares upon vesting and settlement of Restricted Share Units (RSUs). The withholding of the Ordinary Shares was effected pursuant to the terms of the equity compensation plan and does not represent a discretionary sale by the Reporting Person. The Reporting Person previously reported on May 11, 2026 the ownership of such 3,083 RSUs granted to the Reporting Person on July 10, 2024. Includes 23,874 Restricted Share Units (RSUs) that are scheduled to vest as follows: 3,932 on September 4, 2026, 1,985 on May 10, 2027, 3,082 on July 10, 2027, 3,931 on September 4, 2027, 3,082 on July 10, 2028, 3,931 on September 4, 2028, 3,931 on September 4, 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.
PSU shares issued 6,147 Ordinary Shares Ordinary Shares issued upon vesting of Performance Share Units on July 10, 2026
Tax-withholding shares 2,306 Ordinary Shares Total shares withheld to satisfy tax obligations related to PSU and RSU vesting
Tax-withholding price $131.70 per share Value used for Ordinary Shares withheld for tax obligations
Shares held after transactions 36,452 Ordinary Shares Direct ownership of Sherif Seddik following July 10, 2026 equity transactions
Outstanding RSUs 23,874 RSUs Restricted Share Units scheduled to vest between September 2026 and September 2029
RSU issuance referenced 3,083 Ordinary Shares Ordinary Shares issuable upon vesting and settlement of earlier reported RSUs
Performance Share Units (PSUs) financial
"vesting of the performance criteria of Performance Share Units (PSUs) granted"
Restricted Share Units (RSUs) financial
"issuance of 3,083 Ordinary Shares upon vesting and settlement of Restricted Share Units (RSUs)."
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.
tax withholding obligations financial
"withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting"
equity compensation plan financial
"effected pursuant to the terms of the equity compensation plan and does not represent"
A plan by which a company gives employees, directors or contractors ownership or the right to buy ownership in the company through stock, options or similar awards — think of promising slices of the company pie as part of someone's pay. It matters to investors because these awards can change the number of shares outstanding, affect reported profits and influence management’s decisions; large or generous plans can dilute existing holders and alter incentives over time.
vesting and settlement financial
"in connection with the vesting and settlement of the PSUs."
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Form 4 Insider Transactions: What Each Field Means →

FAQ

What equity award did CHKP Chief Revenue Officer Sherif Seddik receive on July 10, 2026?
Sherif Seddik received 6,147 Ordinary Shares of Check Point Software Technologies upon vesting of Performance Share Units granted on July 10, 2024. These shares were issued as part of his equity compensation.

Were Sherif Seddik’s CHKP share dispositions open-market sales?
No. The 2,306 Ordinary Shares reported as disposed were withheld by Check Point to cover tax withholding obligations tied to PSU and RSU vesting. The filing specifies these are not discretionary sales by Seddik.

How many CHKP shares does Sherif Seddik hold after the July 10, 2026 transactions?
After the reported transactions, Sherif Seddik directly holds 36,452 Ordinary Shares of Check Point Software Technologies. This figure reflects the PSU share issuance and the tax-withholding share dispositions.

What RSU balance does CHKP’s Sherif Seddik still have outstanding?
Sherif Seddik’s holdings include 23,874 Restricted Share Units (RSUs). These RSUs are scheduled to vest in tranches from September 4, 2026 through September 4, 2029, subject to his continued service.

At what price were CHKP shares valued for Sherif Seddik’s tax withholding transactions?
The tax withholding dispositions used a share value of $131.70 per Ordinary Share. This price applied to the total of 2,306 shares withheld to satisfy tax obligations on the vesting equity awards.

What triggered the CHKP tax-withholding share dispositions reported for Sherif Seddik?
The dispositions were triggered by the vesting and settlement of equity awards: PSUs resulting in 6,147 Ordinary Shares and RSUs resulting in 3,083 Ordinary Shares. Shares were withheld to cover related tax obligations.
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).
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*
Seddik Sherif
(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Revenue Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/10/2026		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 Share07/10/2026A6,147(1)A$036,452D
Ordinary Shares, NIS 0.01 Per Share07/10/2026F1,536(2)D$131.734,916D
Ordinary Shares, NIS 0.01 Per Share07/10/2026F770(3)D$131.734,146(4)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
Explanation of Responses:
1. Reflects the issuance to the Reporting Person on July 10, 2026 of 6,147 Ordinary Share of the Issuer upon vesting of the performance criteria of Performance Share Units (PSUs) granted to the Reporting Person on July 10, 2024.
2. The shares reported as disposed represent Ordinary Shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting and settlement of the PSUs. The withholding of the Ordinary Shares was effected pursuant to the terms of the equity compensation plan and does not represent a discretionary sale by the Reporting Person.
3. The shares reported as disposed represent Ordinary Shares withheld by the Issuer to satisfy tax withholding obligations in connection with the issuance of 3,083 Ordinary Shares upon vesting and settlement of Restricted Share Units (RSUs). The withholding of the Ordinary Shares was effected pursuant to the terms of the equity compensation plan and does not represent a discretionary sale by the Reporting Person. The Reporting Person previously reported on May 11, 2026 the ownership of such 3,083 RSUs granted to the Reporting Person on July 10, 2024.
4. Includes 23,874 Restricted Share Units (RSUs) that are scheduled to vest as follows: 3,932 on September 4, 2026, 1,985 on May 10, 2027, 3,082 on July 10, 2027, 3,931 on September 4, 2027, 3,082 on July 10, 2028, 3,931 on September 4, 2028, 3,931 on September 4, 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.
/S/ Shira Yashar - Attorney-in-Fact07/13/2026
** 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)

Source: View Original Filing on SEC EDGAR