Check Point (CHKP) Director Yoav Chelouche Receives RSUs and Options

What Happened
Yoav Chelouche, a director of Check Point Software Technologies (CHKP), received an award on 2026-09-02 consisting of 1,120 Restricted Share Units (RSUs) and an option grant for 15,000 ordinary shares. The RSUs have no purchase price; the options carry a $133.89 per-share strike (15,000 × $133.89 = $2,008,350 shown on the filing). These are grants (not open-market purchases or sales).

Key Details

• Transaction date: 2026-09-02; Form 4 filed 2026-09-03 (timely).
• RSUs: 1,120 RSUs granted; vesting schedule — 560 on Mar 2, 2027; 280 on Jun 2, 2027; 280 on Sep 2, 2027. Each RSU converts to one ordinary share upon vesting.
• Options: 15,000 options granted; vesting schedule — 7,500 on Mar 2, 2027; 3,750 on Jun 2, 2027; 3,750 on Sep 2, 2027. Strike price: $133.89 per share (total strike amount reported $2,008,350).
• Existing holdings: Reporting person also holds 60,000 options already outstanding and vested as of 2026-09-03.
• Transaction type: Report code "A" (award/grant). No sale or immediate cashless exercise reported. No 10b5-1 plan or tax withholding footnotes noted.

Context
These awards are standard equity compensation for directors and vest over 2027 subject to continued service; RSUs convert to shares when vested, and options permit purchase at the stated strike after vesting. Because this is a grant (not a purchase or sale), it reflects compensation rather than an open-market vote of confidence or disposition.