[SCHEDULE 13G/A] Check Point Software Technologies Ltd SEC Filing
Gil Shwed beneficially owns 27,859,195 ordinary shares of Check Point Software Technologies Ltd, representing 25.2% of the outstanding class. The aggregate consists of 24,873,225 ordinary shares held by Shwed and 2,985,970 stock options exercisable within 60 days; those options do not have voting rights unless exercised. The issuer reported 107,486,522 ordinary shares outstanding as of June 30, 2025. Shwed reports sole voting power over 24,873,225 shares and sole dispositive power over 27,859,195 shares, with no shared voting or dispositive power disclosed.
- Material ownership disclosed: Beneficial ownership of 27,859,195 shares, equal to 25.2% of the class.
- Clear voting/dispositive breakdown: Filing specifies sole voting power (24,873,225) and sole dispositive power (27,859,195) with no shared powers.
- Voting power currently lower than beneficial ownership: Only 24,873,225 shares have voting power (reported as 23.1%) because 2,985,970 options lack voting rights until exercised.
Insights
TL;DR: Gil Shwed reports a material 25.2% beneficial stake (27.86M); voting rights currently 23.1% due to unexercised options.
The filing documents a material ownership stake by the reporting person: 27,859,195 shares beneficially owned equal to 25.2% of the class. The composition and control metrics are explicit: 24,873,225 shares directly held (reported as 23.1% of voting rights) and 2,985,970 stock options exercisable within 60 days which lack voting rights until exercised. The statement also reports sole voting power for the 24,873,225 shares and sole dispositive power for the full 27,859,195 shares, with zero shared powers. For analysts, the distinction between beneficial ownership and current voting power is critical when assessing near-term governance dynamics.
TL;DR: Filing clarifies voting/dispositive split: 24.87M votes now, plus 2.99M exercisable options; disclosure aids governance review.
The Schedule 13G/A provides clear, itemized disclosure on control-related metrics useful for governance assessment. It identifies the reporting person type as an individual and itemizes voting and dispositive powers: sole voting power of 24,873,225, sole dispositive power of 27,859,195, and no shared powers. It also states the issuer had 107,486,522 shares outstanding as of June 30, 2025, and that 2,985,970 options are exercisable within 60 days but carry no voting rights until exercised. This level of specificity supports transparent evaluation of shareholder influence and potential changes if options are exercised.