Gil Shwed's Planned Sale of 66,467 Check Point Software Common Shares Under Rule 10B5-1 Plan
This SEC filing discloses Gil Shwed, an officer of Check Point Software Technologies Ltd., intends to sell 66,467 common shares pursuant to a Rule 10B5-1 trading plan adopted on March 7, 2025. The plan details systematic sales between July 28, 2025, and October 27, 2025, with aggregate proceeds exceeding $127.5 million. Recent transactions show consistent selling activity, including 18 sales in the past three months ranging from 660 to 120,000 shares per transaction. The filing emphasizes that sales are executed under a pre-established plan to comply with insider trading regulations, with material non-public information representations only applicable at the plan's adoption date. Approximately 112.9 million shares remain outstanding post-transactions.