Chelouche Yoav 4

4 · CHECK POINT SOFTWARE TECHNOLOGIES LTD · Filed Jun 4, 2026

AI-generated summary of this filing

Updated Jun 4, 2026

Check Point (CHKP) Director Yoav Chelouche Exercises Options, Sells Shares

What Happened

Yoav Chelouche, a director of Check Point Software Technologies Ltd. (CHKP), exercised 25,000 options on June 2, 2026 at an exercise price of $114.23 (cost $2,855,750) and disposed of 25,000 shares the same day in open-market sales at a weighted average price of $140.28 for total proceeds of $3,506,940. The sale prices ranged from $140.00 to $141.31 across multiple transactions (per footnote).

Key Details

Transaction dates: June 2, 2026 (exercise and sale). Form 4 filed June 4, 2026 (timely filing).
Exercise (derivative) details: 25,000 shares exercised (transaction code M); exercise cost reported $2,855,750.
Sale details: 25,000 shares sold (transaction code S) at weighted avg $140.28, proceeds $3,506,940; per-footnote sale prices ranged $140.00–$141.31 and the filer can provide a per-price breakdown on request.
Shares/awards remaining: filing notes 196 RSUs that vest Sept 3, 2026, and options covering 60,000 shares (58,750 vested as of June 4, 2026; 1,250 vest Sept 3, 2026). The filing does not state total common shares owned outright after these transactions.
Footnotes: F1 confirms option exercise; F2 explains weighted-average sale price and multi-trade execution; F3/F4 detail remaining RSUs and option holdings.

Context

This was an option exercise followed by a same-day sale of the resulting shares (a sell-to-cover or cashless pattern), which is a common way for insiders to cover exercise costs and related taxes. The filing is factual and timely; it does not by itself indicate the insider’s view on company prospects.

Form 4

Period: 2026-06-02

Director

Transactions

Sale
Ordinary Shares, NIS 0.01 Per Share
[F1][F2][F3]
2026-06-02$140.28/sh−25,000$3,506,940→ 4,008 total
Exercise/Conversion
Stock Options
[F4]
2026-06-02$114.23/sh−25,000$2,855,750→ 0 total
Exercise: $114.23From: 2020-06-19Exp: 2026-06-18→ Ordinary Shares (25,000 underlying)

Footnotes (4)

[F1]The Reporting Person exercised options to purchase 25,000 Ordinary Shares of the Issuer.
[F2]The price reported in Column 4 is a weighted average price. These Ordinary Shares were sold in multiple transactions at prices ranging from $140.00 to $141.31. 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.
[F3]Includes 196 Restricted Share Units (RSUs) 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.
[F4]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 4, 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.

Signature

/S/ Shira Yashar - Attorney-in-Fact|2026-06-04

1 file