Check Point (CHKP) CEO Zafrir Nadiv Receives RSUs and Option Grant

What Happened Zafrir Nadiv, CEO and Director of Check Point Software Technologies (CHKP), was granted equity awards on 2026-09-02: 44,812 restricted share units (RSUs) and an option award covering 122,958 ordinary shares with a reported per-share price/strike of $133.89 (total reported value $16,462,847). These were grant/award transactions (code A) — not sales or immediate exercises — and represent future claims on shares subject to vesting and continued service.

Key Details

• Transaction date (period of report): 2026-09-02; Form 4 filed 2026-09-03 (timely filing).
• RSUs: 44,812 RSUs granted (each converts to one ordinary share on vesting). Vesting schedule (F1): 22,406 on 9/2/2027; 7,469 on 9/2/2028; 7,469 on 9/2/2029; 7,468 on 9/2/2030, subject to continued service.
• Options: 122,958 options granted with reported price/strike $133.89 per share (reported aggregate amount $16,462,847). Vesting schedule (F3): roughly four annual tranches of ~30,740 shares on 9/2/2027, 9/2/2028, 9/2/2029 and 9/2/2030, subject to continued service.
• Other holdings noted (F2, F4): filing references 76,963 RSUs with staggered vesting dates and a total of 242,367 underlying options held by Nadiv (60,592 vested as of 9/3/2026; remaining vest through 2026–2029). These reflect existing awards and future vesting schedules.
• Shares owned after the transaction: not specified in the supplied filing details.
• Filing timeliness: filed the next day (no late filing flag indicated).

Context These transactions are grants of equity compensation (RSUs and option awards) rather than open-market purchases or sales. The option grant has a stated strike/price of $133.89; it is not an exercise — the options vest over future dates and would only become exercisable according to the schedules above. RSUs convert to ordinary shares only upon vesting and settlement. Such awards are routine for executive compensation and do not by themselves indicate an immediate buy/sell signal.