Kremer Nataly 4
Research Summary
AI-generated summary
Check Point (CHKP) CPO Nataly Kremer Receives Award of 658 Shares
What Happened
- Nataly Kremer, Chief Product Officer of Check Point Software Technologies (CHKP), was issued 658 ordinary shares on May 10, 2026 upon vesting of Performance Share Units (PSUs) granted on May 10, 2023. The filing reports this as an award/acquisition; no per-share price or total dollar value is listed (N/A).
Key Details
- Transaction date: 2026-05-10 (Form 4 filed 2026-05-12 — appears timely).
- Transaction type: Award/vesting of PSUs (reported as code A).
- Shares issued: 658 ordinary shares upon PSU performance vesting.
- Price/value: Not reported (N/A) in the filing for this issuance.
- Shares owned after transaction: Not specified in the provided filing details.
- Related footnotes:
- F1: Confirms the 658 shares were issued upon satisfaction of PSU performance criteria from the May 10, 2023 grant.
- F2: Notes Kremer holds 15,006 Restricted Share Units (RSUs) scheduled to vest as follows (each RSU = 1 ordinary share upon settlement):
- 3,458 on Feb 12, 2027
- 2,316 on May 10, 2027
- 3,458 on Feb 12, 2028
- 2,316 on May 10, 2028
- 3,458 on Feb 12, 2029
Context
- PSUs are performance-based equity awards that convert to shares only if pre-set goals are met; this issuance reflects attainment of those goals for the grant dated May 10, 2023. RSUs listed are time-based awards that will convert to shares on the stated vesting dates, subject to continued service.
- This is an issuance/compensation event rather than a market purchase or sale—common for executive pay and not, by itself, a directional trading signal.