Check Point (CHKP) Director Jerry Ungerman Receives RSUs & Options

What Happened
Jerry Ungerman, a director of Check Point Software Technologies Ltd. (CHKP), was granted compensation on Sep 2, 2026 consisting of 1,120 restricted share units (RSUs) and options on 5,000 ordinary shares. The RSUs were granted at no cost and will convert to one share each upon vesting. The option grant has a reported strike price of $133.89 per share, implying a grant value of approximately $669,450.

Key Details

• Transaction date: September 2, 2026 (Form filed Sep 3, 2026) — appears timely (Form 4 due within two business days).
• RSUs: 1,120 RSUs granted at $0.00; vesting schedule — 560 on Mar 2, 2027; 280 on Jun 2, 2027; 280 on Sep 2, 2027 (service-based vesting).
• Options: 5,000-share option grant with exercise price $133.89; vesting schedule — 2,500 on Mar 2, 2027; 1,250 on Jun 2, 2027; 1,250 on Sep 2, 2027 (service-based vesting). Report lists total grant value ≈ $669,450.
• Existing holdings: Reporting person also holds 60,000 option shares that are fully vested as of Sep 3, 2026 (per footnote). The Form does not disclose Ungerman’s direct outstanding ordinary shares.
• Filing codes: Transactions reported as "A" (award/grant). No sale or immediate exercise/sale indicated.

Context
These awards are compensation grants (not open-market purchases or sales). RSUs represent the right to receive ordinary shares upon vesting; options give the right to buy shares at the stated exercise price once vested. There is no indication in the filing that any options were exercised or shares sold immediately. Such grants are common as retention/compensation and do not, by themselves, signal a buy or sell action by the insider.