Check Point (CHKP) CPO Nataly Kremer Buys via ESPP, Sells 665 Shares

What Happened
Nataly Kremer, Chief Product Officer at Check Point Software Technologies (CHKP), purchased 665 ordinary shares on 2026-07-31 through the company’s Employee Stock Purchase Plan (ESPP) for $108.06/share (total $71,860). She then sold the same 665 shares on 2026-08-03 in open-market transactions for a weighted-average price of $123.64/share (total $82,222). The ESPP purchase was made using accumulated payroll deductions and the purchase price represented 85% of the Nasdaq closing price on the purchase date (an automatic/discounted ESPP acquisition). The subsequent sale was reported as ordinary open-market sales.

Key Details

• Purchase date & price: 2026-07-31, 665 shares @ $108.06 = $71,860 (ESPP purchase; price = 85% of Nasdaq close). (F1, F2)
• Sale date & price: 2026-08-03, 665 shares sold; weighted-average price $123.64 = $82,222. Sales executed across prices $122.25–$127.09. (F4, F5)
• Shares owned after transaction: Filing does not state a total share count owned; it discloses 15,006 Restricted Share Units (RSUs) outstanding that convert to one ordinary share each upon vesting. (F3)
• RSU vesting schedule (reported): total 15,006 RSUs vesting in increments on 2/12/27, 5/10/27, 2/12/28, 5/10/28, and 2/12/29 (see filing for exact per-date amounts). (F3)
• Filing/timeliness: Report filed with accession date 2026-08-04; transactions occurred 7/31 and 8/03 and were reported promptly in this Form 4.
• Notes: The sale was explicitly of shares acquired via the ESPP. Weighted-average sale price reflects multiple trades; the filer offers to provide per-trade prices upon request. (F4, F5)

Context
The buy was via an ESPP at a discount (purchase price set at 85% of the closing price), which is typically an automatic, employee benefit rather than an active bullish bet. The quick follow-up sale of those ESPP-acquired shares is common (employees may sell ESPP shares shortly after purchase). No options exercises, gifts, or 10% owner transactions are indicated in this filing.