Check Point grants Shwed 170,000 stock options

CHKP’s director and ten percent owner Gil Shwed received a new 170,000-share stock option grant with multi-year vesting while retaining a large existing option position.

Rhea-AI Filing Summary

CHECK POINT SOFTWARE TECHNOLOGIES LTD (CHKP) reported that director and ten percent owner Gil Shwed received a grant of stock options for 170,000 Ordinary Shares on September 2, 2026 at an exercise price of $133.89 per share. These options are scheduled to vest in four equal tranches of 42,500 shares each on September 2 of 2027, 2028, 2029, and 2030, subject to his continued service as a Service Provider. In addition, he holds options on 2,140,000 Ordinary Shares, of which 1,825,000 were vested and 315,000 were scheduled to vest over various dates through September 3, 2029. No Rule 10b5-1 trading plan is reported.

Insider Trade Summary

Grant/Award: 170,000 shares

Grant/Award 1 txn

Insider SHWED GIL

Role Director, 10% Owner

Type	Security	Shares	Price	Value
Grant/Award	Stock Options F1, F2	170,000	$133.89	$22.76M

Holdings After Transaction: Stock Options — 170,000 contracts (Direct)

Footnotes (2)

1. F1. The Reporting Person was granted by the Issuer options to purchase 170,000 Ordinary Shares that are scheduled to vest as follows: 42,500 on September 2, 2027, 42,500 on September 2, 2028, 42,500 on September 2, 2029, 42,500 on September 2, 2030, subject to the Reporting Person's continued service as a Service Provider of the Issuer on each vesting date.
2. F2. In addition, there are 2,140,000 Ordinary Shares underlying options held by the Reporting Person, of which 1,825,000 are vested as of September 3, 2026, and the remaining 315,000 Ordinary Shares underlying the option will vest as follows: 42,500 options on October 31, 2026, 60,000 options on August 3, 2027, 42,500 options on September 3, 2027, 42,500 options on October 31, 2027, 42,500 options on September 3, 2028, 42,500 options on October 31, 2028, and 42,500 options on September 3, 2029, subject to the Reporting Person's continued service as a Service Provider of the Issuer on the vesting date.

Key Figures

New options granted: 170,000 options Exercise price of new options: $133.89 per share New options expiration date: September 1, 2033 +4 more

7 metrics

New options granted 170,000 options Stock options for 170,000 Ordinary Shares granted to Gil Shwed on September 2, 2026

Exercise price of new options $133.89 per share Exercise price for the 170,000 newly granted stock options

New options expiration date September 1, 2033 Expiration date of the 170,000 newly granted stock options

Vesting tranches of new grant 42,500 shares per year New options vest in four tranches of 42,500 on September 2 of 2027–2030

Total existing options 2,140,000 options Ordinary Shares underlying options held by Gil Shwed in total

Vested options as of September 3, 2026 1,825,000 options Portion of Shwed’s 2,140,000 options that were vested as of September 3, 2026

Unvested options scheduled to vest 315,000 options Remaining options scheduled to vest between October 31, 2026 and September 3, 2029

Key Terms

Stock Options, Ordinary Shares, vest, Service Provider

4 terms

Stock Options financial

"The Reporting Person was granted by the Issuer options to purchase 170,000 Ordinary Shares"

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

"options to purchase 170,000 Ordinary Shares that are scheduled to vest"

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.

vest financial

"Ordinary Shares that are scheduled to vest as follows: 42,500 on September 2, 2027"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

Service Provider financial

"subject to the Reporting Person's continued service as a Service Provider of the Issuer"

FAQ

What equity award did CHKP grant to Gil Shwed on September 2, 2026?

Gil Shwed received a grant of stock options for 170,000 Ordinary Shares at an exercise price of $133.89 per share, vesting in four equal annual tranches from September 2, 2027 through September 2, 2030, subject to his continued service as a Service Provider.

How do the new CHKP options for Gil Shwed vest over time?

The newly granted options for 170,000 Ordinary Shares are scheduled to vest as 42,500 shares on each of September 2, 2027, September 2, 2028, September 2, 2029, and September 2, 2030, contingent on Gil Shwed’s continued service as a Service Provider.

What existing CHKP option holdings does Gil Shwed have besides the new grant?

Gil Shwed holds options over 2,140,000 Ordinary Shares in total, including 1,825,000 vested options as of September 3, 2026 and 315,000 unvested options scheduled to vest in tranches between October 31, 2026 and September 3, 2029, subject to continued service.

What is the exercise price and expiration date of the new CHKP stock options?

The newly granted stock options to Gil Shwed have an exercise price of $133.89 per share and an expiration date of September 1, 2033, covering 170,000 Ordinary Shares, as reported in the Form 4 filing.

Was the September 2, 2026 CHKP option grant to Gil Shwed under a Rule 10b5-1 plan?

No. The Form 4 indicates that the Rule 10b5-1 checkbox was not marked, so no Rule 10b5-1 trading plan is reported in connection with the September 2, 2026 stock option grant to Gil Shwed.

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Available on EDGAR 09/03/2026 - 04:20 PM Accepted by SEC EDGAR 09/03/2026 - 04:12 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

SHWED GIL

(Last) (First) (Middle)

5 SHLOMO KAPLAN STREET

(Street)

TEL AVIV 6789159

(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)

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/02/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Options	$133.89	09/02/2026		A		170,000		(1)	09/01/2033	Ordinary Shares	170,000	$133.89	170,000(2)	D

Explanation of Responses:

1. The Reporting Person was granted by the Issuer options to purchase 170,000 Ordinary Shares that are scheduled to vest as follows: 42,500 on September 2, 2027, 42,500 on September 2, 2028, 42,500 on September 2, 2029, 42,500 on September 2, 2030, subject to the Reporting Person's continued service as a Service Provider of the Issuer on each vesting date.

2. In addition, there are 2,140,000 Ordinary Shares underlying options held by the Reporting Person, of which 1,825,000 are vested as of September 3, 2026, and the remaining 315,000 Ordinary Shares underlying the option will vest as follows: 42,500 options on October 31, 2026, 60,000 options on August 3, 2027, 42,500 options on September 3, 2027, 42,500 options on October 31, 2027, 42,500 options on September 3, 2028, 42,500 options on October 31, 2028, and 42,500 options on September 3, 2029, subject to the Reporting Person's continued service as a Service Provider of the Issuer on the vesting date.

	/S/ Shira Yashar - Attorney-in-Fact	09/03/2026
	** Signature of Reporting Person	Date
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)