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Check Point (NASDAQ: CHKP) CRO buys 801 shares in employee stock plan

(Neutral)
(Neutral)
Form Type
4

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.

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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)
  1. 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.
  2. F2. The purchase price represented 85% of the closing price on Nasdaq of the Ordinary Share of the Issuer on the applicable purchase date.
  3. 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.
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
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.
Restricted Share Units (RSUs) financial
"Includes 23,874 Restricted Share Units (RSUs) that are scheduled to vest as follows"
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.
Ordinary Shares financial
"Ordinary Shares, NIS 0.01 Per Share"
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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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.

At what price did the CHKP shares acquire under the employee plan?

The reported purchase price was $108.0605 per share, which represented 85% of the closing price of Check Point’s Ordinary Shares on Nasdaq on the applicable purchase date, as provided by the company’s Employee Stock Purchase Plan terms.

How many CHKP shares does Sherif Seddik hold after this transaction?

Following the transaction, Sherif Seddik directly holds 34,947 Ordinary Shares of Check Point Software Technologies. This total includes both already-vested shares and 23,874 Restricted Share Units (RSUs) that will convert into shares upon future vesting and settlement.

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.

Was Sherif Seddik’s CHKP share acquisition part of an Employee Stock Purchase Plan?

Yes. The filing states the 801 Ordinary Shares were purchased under Check Point’s Employee Stock Purchase Plan, using accumulated payroll deductions, with the purchase price set at 85% of the Nasdaq closing price on the purchase date.
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)
07/31/2026
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 Share07/31/2026J(1)801A$108.0605(2)34,947(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
Explanation of Responses:
1. 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.
2. The purchase price represented 85% of the closing price on Nasdaq of the Ordinary Share of the Issuer on the applicable purchase date.
3. 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.
/S/ Shira Yashar - Attorney-in-Fact08/03/2026
** 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)