Check Point Software Founder Gil Shwed Awarded 170,000 Stock Options
CHECK POINT SOFTWARE TECHNOLOGIES LTD
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Filing Summary
Form 4 Alert: CHECK POINT SOFTWARE TECHNOLOGIES LTD ($CHKP) Insider: SHWED GIL (Director, 10% Owner) Type: Option Grant (Code A) Shares: 170,000 stock options Exercise Price: $133.89 Expiration Date: 2033-09-01 Direct Ownership: Yes
Comprehensive Analysis
Executive Summary
On September 2, 2026, Gil Shwed, Director and 10% Owner of Check Point Software Technologies Ltd ($CHKP), received an option grant covering 170,000 Ordinary Shares at an exercise price of $133.89 per share.
Transaction Details
- Security: Stock Options (underlying Ordinary Shares)
- Transaction Code: A (Grant/Award)
- Quantity: 170,000 options
- Exercise Price: $133.89
- Expiration Date: September 1, 2033
- Vesting Schedule: 42,500 options vest annually over four years on September 2 of each year (2027 through 2030), subject to continued service.
- Additional Holdings: Footnote disclosure indicates Shwed holds an additional 2,140,000 options (1,825,000 already vested).
Market Impact & Significance
This is a standard equity incentive award (Code A) with no immediate open-market buying or selling activity. As a routine compensation grant, its trading significance is Low.
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