Sherif Seddik, Chief Revenue Officer of Check Point Software Technologies Ltd, filed a Form 4 on August 6, 2026 reporting the sale of 10,272 ordinary shares on August 4, 2026, pursuant to a Rule 10b5-1 trading plan.

Key Highlights

  • Shares sold: 10,272 ordinary shares (NIS 0.01 par value) disposed of on August 4, 2026.
  • Weighted average price: $123.5889 per share, with individual transactions ranging from $122.19 to $124.10.
  • Rule 10b5-1 plan: The filing indicates the transaction was made pursuant to a contract, instruction, or written plan satisfying the affirmative defense conditions of Rule 10b5-1(c).
  • Remaining ownership: 24,675 ordinary shares beneficially owned directly following the transaction.
  • RSU component: 23,874 of the 24,675 shares represent unvested Restricted Share Units scheduled to vest across seven tranches from September 4, 2026 through September 4, 2029.
  • Reporting person role: Sherif Seddik serves as Chief Revenue Officer of Check Point Software Technologies Ltd (NASDAQ: CHKP).

Check Point Software CRO Reports Share Disposal and RSU Holdings

According to the Form 4 filed with the SEC, Sherif Seddik, Chief Revenue Officer of Check Point Software Technologies Ltd, sold 10,272 ordinary shares on August 4, 2026 at a weighted average price of $123.5889. The filing notes that these shares were sold across multiple transactions at prices ranging from $122.19 to $124.10, and that full details on the number of shares sold at each separate price are available upon request from the SEC staff, the issuer, or any security holder.

Following the reported transaction, Seddik directly holds 24,675 ordinary shares, according to the filing. The filing discloses that 23,874 of those shares consist of unvested Restricted Share Units. These RSUs are scheduled to vest in seven tranches: 3,932 on September 4, 2026; 1,985 on May 10, 2027; 3,082 on July 10, 2027; 3,931 on September 4, 2027; 3,082 on July 10, 2028; 3,931 on September 4, 2028; and 3,931 on September 4, 2029. The filing states that each vesting is subject to the reporting person's continued service as a Service Provider of the issuer on each vesting date, and that each RSU represents the right to receive one ordinary share upon vesting and settlement.

The Form 4 was signed by Shira Yashar as Attorney-in-Fact on August 6, 2026. The filing indicates the box confirming a Rule 10b5-1(c) compliant plan was checked, meaning the sale was carried out under a pre-established trading arrangement.

What Was Disclosed

The filing reported the August 4, 2026 sale of 10,272 ordinary shares by Check Point Software's Chief Revenue Officer at a weighted average price of $123.5889, executed under a Rule 10b5-1 plan, leaving 24,675 shares beneficially owned directly, including 23,874 unvested RSUs.