medium
Sell
25,000 shares
$3,076,748
Significance
5/10
Director Shenhav Tal Shavit sells 25,000 CHKP shares at $123.07 for $3.1M under pre-arranged 10b5-1 plan
Shenhav Tal Shavit (Director) sold 25,000 shares at $123.07 on 2026-06-11 under a pre-arranged 10b5-1 trading plan, reducing non-derivative holdings from 29,008 shares to 4,008 shares. The sale occurs as CHKP trades at $123.46, -46.8% from the 52-week high of $232.07 and -19.8% from the 90-day opening. Because this transaction is scheduled under a 10b5-1 plan rather than discretionary, it does not represent a timing decision by the insider and should be interpreted as an automatic portfolio execution. The insider retains 4,008 non-derivative shares post-transaction, and derivative holdings show 0 options remaining in direct holdings.