4Filed Aug 2, 8:00 PM ET

Check Point (CHKP) CEO Zafrir Nadiv Buys 956 Shares

$CHKP · CHECK POINT SOFTWARE TECHNOLOGIES LTD

Research Summary

AI-generated summary of this SEC filing

Updated

Check Point (CHKP) CEO Zafrir Nadiv Buys 956 Shares

What Happened

  • Zafrir Nadiv, CEO and Director of Check Point Software Technologies Ltd., purchased 956 ordinary shares on July 31, 2026. The shares were acquired at $108.06 per share for a total reported value of $103,306. This was an employee stock purchase plan (ESPP) purchase (reported as a J-code transaction), a routine purchase through payroll deductions rather than an open-market trade.

Key Details

  • Transaction date and price: 2026-07-31 at $108.06 per share (total ~$103,306).
  • How acquired: ESPP purchase using accumulated payroll deductions (footnote F1).
  • Discount: Purchase price represented 85% of the Nasdaq closing price on the applicable purchase date (footnote F2).
  • Post-transaction holdings: The filing does not state total shares beneficially owned; it also reports 42,596 RSUs scheduled to vest between Sept 3, 2026 and Sept 3, 2029 (footnote F3).
  • Filing date: Report filed with the SEC on 2026-08-03 for the 2026-07-31 transaction.

Context

  • ESPP purchases are company-sponsored and often priced at a discount (here, 85% of the closing price), so they are common, routine insider purchases rather than directional bets on short-term price moves.
  • The RSUs listed represent rights to receive one ordinary share each upon vesting on specified future dates, subject to continued service; they are not immediate share deliveries.