SHWED GIL 4

What Happened

• Gil Shwed, a reported 10% owner of Check Point Software Technologies Ltd. (CHKP), disposed of 3,000 shares as a gift (transaction code G) on May 26, 2026. The Form 4 lists no sale price (N/A) because the shares were donated rather than sold. The filing notes the gift was made to a charitable organization.

Key Details

• Transaction date: 2026-05-26; Form 4 filed: 2026-05-27 (filed next day; within normal Form 4 timeliness requirements).
• Price: N/A (gift); Amount disposed: 3,000 shares.
• Shares owned after transaction: not specified in the provided filing details.
• Footnote: F1 — "The Reporting Person made a bona fide gift of shares to a charitable organization."
• Transaction code: G (gift/disposition).

Context

• A gift is a disposition, not a market sale, and generally does not signal the insider's view on the company's near-term prospects. Gifts are commonly used for charitable giving or estate/financial planning.
• As a 10% owner rather than a routine employee trade, this transaction reflects the actions of a major shareholder.