Check Point (NASDAQ: CHKP) CRO buys 801 shares in employee stock plan
Rhea-AI Filing Summary
Check Point Software Technologies reports that Chief Revenue Officer Sherif Seddik acquired 801 Ordinary Shares on July 31, 2026 through the company’s Employee Stock Purchase Plan, at $108.0605 per share, equal to 85% of that day’s Nasdaq closing price. After this plan purchase, he directly holds 34,947 shares, including 23,874 RSUs scheduled to vest in tranches from 2026 through 2029.
Positive
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Negative
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Insider Trade Summary
Net Buyer: 801 shares
Net Buy
1 txn
Insider
Seddik Sherif
Role
Chief Revenue Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Ordinary Shares, NIS 0.01 Per Share F1, F2, F3 | 801 | $108.0605 | $87K |
Holdings After Transaction:
Ordinary Shares, NIS 0.01 Per Share — 34,947 shares (Direct)
Footnotes (3)
- 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.
- F3. 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. ubject 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.
Key Figures
Shares acquired: 801 Ordinary Shares
Purchase price per share: $108.0605
Discount to market price: 85%
+4 more
7 metrics
Shares acquired
801 Ordinary Shares
Acquired on July 31, 2026 through the Employee Stock Purchase Plan
Purchase price per share
$108.0605
Price per share paid under the Employee Stock Purchase Plan
Discount to market price
85%
ESPP purchase price as a percentage of Nasdaq closing price on purchase date
Total shares after transaction
34,947 shares
Direct holdings of Sherif Seddik following the ESPP acquisition
RSUs included in holdings
23,874 RSUs
Restricted Share Units scheduled to vest between 2026 and 2029
First RSU vesting tranche
3,932 RSUs
Scheduled to vest on September 4, 2026, subject to continued service
2027 RSU vesting tranches
1,985 and 3,082 RSUs
Scheduled to vest on May 10, 2027 and July 10, 2027, respectively
Key Terms
Employee Stock Purchase Plan, Restricted Share Units (RSUs), Ordinary Shares
3 terms
Employee Stock Purchase Plan financial
"purchased pursuant to the Issuer's Employee Stock Purchase Plan using accumulated payroll deductions"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did CHKP Chief Revenue Officer Sherif Seddik report?
Sherif Seddik reported acquiring 801 Ordinary Shares of Check Point Software Technologies on July 31, 2026. The shares were obtained through the company’s Employee Stock Purchase Plan using accumulated payroll deductions during the applicable offering period.
What RSU position in CHKP is included in Seddik’s reported holdings?
Seddik’s reported holdings include 23,874 RSUs. These RSUs are scheduled to vest in multiple tranches between 2026 and 2029, each RSU representing the right to receive one Check Point Ordinary Share upon vesting and settlement, subject to continued service.
How are the CHKP RSUs for Sherif Seddik scheduled to vest?
The 23,874 RSUs are scheduled to vest in seven tranches between 2026 and 2029. Vesting on each date is conditioned on Seddik’s continued service as a Service Provider to Check Point on the relevant vesting date.