Check Point (CHKP) 10% Owner Gil Shwed Buys 17 Shares

What Happened

• Gil Shwed, listed as a 10% owner of Check Point Software Technologies (CHKP), acquired 17 ordinary shares on July 31, 2026. The shares were purchased at $108.06 each, for a total cost of $1,837. This was an acquisition (purchase), not a sale.

Key Details

• Transaction date and price: July 31, 2026 — 17 shares at $108.06 per share (total $1,837).
• Filing date: Form 4 filed August 3, 2026 (timely; within the standard reporting window).
• Shares owned after transaction: Not reported in the filing.
• Transaction code: Reported as code "J" (Other acquisition/disposition); footnotes clarify this was an ESPP purchase.
• Footnotes: (F1) Shares purchased under the issuer’s Employee Stock Purchase Plan using accumulated payroll deductions. (F2) Purchase price represented 85% of the Nasdaq closing price on the applicable purchase date.

Context

• This was a small, routine ESPP purchase using payroll deductions and an 85%-price formula — common for employee-owner participation and typically a modest, recurring buy. As a 10% owner filing the Form 4, Shwed’s purchase is a disclosed insider acquisition but the size here is minimal, so it should be viewed as participation in the company’s ESPP rather than a significant directional bet.