Check Point (CHKP) director exercises options and sells 25,000 shares in open market

Rhea-AI Filing Summary

CHECK POINT SOFTWARE TECHNOLOGIES LTD director Jerry T. Ungerman reported an exercise-and-sale transaction in company shares. On June 11, 2026, he exercised options covering 25,000 Ordinary Shares at an exercise price of $114.23 per share and sold the same 25,000 shares in open-market transactions at a weighted average price of $122.5453, with individual trades ranging from $120.93 to $123.74.

Following the sale, Ungerman directly holds 16,167 Ordinary Shares. Footnotes indicate this includes 196 Restricted Share Units scheduled to vest on September 3, 2026, each delivering one Ordinary Share upon vesting and settlement. He also holds options over an additional 60,000 Ordinary Shares, of which 58,750 were vested as of June 15, 2026 and 1,250 are expected to vest on September 3, 2026, subject to his continued service.

Insider Trade Summary 10b5-1

Net Seller: 25,000 shares ($3,063,633)

Net Sell 2 txns

Insider UNGERMAN JERRY T

Role null

Sold 25,000 shs ($3.06M)

Type	Security	Shares	Price	Value
Exercise	Stock Options	25,000	$114.23	$2.86M
Sale	Ordinary Shares, NIS 0.01 Per Share	25,000	$122.5453	$3.06M

Holdings After Transaction: Stock Options — 0 shares (Direct, null); Ordinary Shares, NIS 0.01 Per Share — 16,167 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 $120.93 to $123.74. 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 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 15, 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.

Key Figures

Shares sold: 25,000 shares Sale price (weighted average): $122.5453 per share Options exercised: 25,000 shares +5 more

8 metrics

Shares sold 25,000 shares Open-market sale of Ordinary Shares on June 11, 2026

Sale price (weighted average) $122.5453 per share Weighted average sale price; trades ranged $120.93–$123.74

Options exercised 25,000 shares Stock options exercised at $114.23 per share on June 11, 2026

Exercise price $114.23 per share Exercise price for 25,000 Stock Options

Shares held after 16,167 shares Direct Ordinary Share holdings following the reported sale

Restricted Share Units 196 RSUs RSUs scheduled to vest on September 3, 2026

Options outstanding 60,000 shares Ordinary Shares underlying options held by the reporting person

Vested options 58,750 shares Options vested as of June 15, 2026; 1,250 unvested

Key Terms

Ordinary Shares, Stock Options, weighted average price, Restricted Share Units (RSUs), +1 more

5 terms

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.

Stock Options financial

""Stock Options" listed as the derivative security exercised on June 11, 2026."

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.

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 and will vest on September 3, 2026"

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.

underlying options financial

"there are 60,000 Ordinary Shares underlying options held by the Reporting Person"

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Form 4 Insider Transactions: What Each Field Means →

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).

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^*

UNGERMAN JERRY T

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/11/2026

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
Ordinary Shares, NIS 0.01 Per Share	06/11/2026		S(1)		25,000	D	$122.5453(2)	16,167(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Options	$114.23	06/11/2026		M			25,000	06/19/2020	06/18/2026	Ordinary Shares	25,000	$114.23	0(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 $120.93 to $123.74. 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 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 15, 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-Fact	06/15/2026
	** 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)

FAQ

What insider transaction did Jerry T. Ungerman report at Check Point Software (CHKP)?

Jerry T. Ungerman exercised 25,000 stock options and sold 25,000 Ordinary Shares of CHKP. He exercised options at $114.23 per share and sold the resulting shares in open-market trades at a weighted average price of $122.5453.

At what prices were Jerry Ungerman’s CHKP shares sold in this Form 4 filing?

Ungerman’s 25,000 CHKP Ordinary Shares were sold at a weighted average price of $122.5453. Footnotes state the shares were sold in multiple transactions at prices ranging from $120.93 to $123.74 per share.

How many Check Point (CHKP) shares does Jerry Ungerman hold after this reported sale?

After the transaction, Jerry Ungerman directly holds 16,167 CHKP Ordinary Shares. This figure reflects his position following the 25,000-share open-market sale reported on June 11, 2026, and includes his directly held equity stake.

What stock option activity did Jerry Ungerman report for Check Point Software (CHKP)?

Ungerman exercised stock options for 25,000 CHKP Ordinary Shares at $114.23 per share. These options were converted into Ordinary Shares and then sold, and the specific option series exercised now shows zero derivative shares remaining.

What RSUs and additional options does Jerry Ungerman still have in CHKP?

Ungerman holds 196 Restricted Share Units and options over 60,000 CHKP Ordinary Shares. Of these options, 58,750 were vested as of June 15, 2026, and 1,250 are scheduled to vest on September 3, 2026, assuming continued service.

When will Jerry Ungerman’s remaining CHKP RSUs and unvested options vest?

Ungerman’s remaining CHKP equity awards vest on September 3, 2026. Footnotes state that 196 RSUs and 1,250 underlying Ordinary Shares from options are scheduled to vest on that date, contingent on his continued service to the company.