Enlight Renewable (ENLT) VP Operations details initial share and option holdings

Rhea-AI Filing Summary

Enlight Renewable Energy Ltd. executive Cohen Israeli Ayelet, VP Operations, filed an initial ownership report showing direct holdings in both ordinary shares and stock options. The filing lists 24,224 ordinary shares, including restricted share units that vest in stages between 2025 and 2029.

It also reports stock options over 15,000 ordinary shares at an exercise price of $23.2200 per share expiring on September 30, 2028, and options over 50,930 ordinary shares at $27.3300 per share expiring on October 1, 2032. These derivative positions are held directly and represent potential future share ownership if exercised.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Cohen Israeli Ayelet

(Last) (First) (Middle)

C/O ENLIGHT RENEWABLE ENERGY LTD.

13 AMAL ST. AFEK INDUSTRIAL PARK

(Street)

ROSH HAAYIN 4809249

(City) (State) (Zip)

ISRAEL

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
Enlight Renewable Energy Ltd. [ ENLT ]

3a. Foreign Trading Symbol
[ENLT]

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	VP OPERATIONS

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Ordinary shares, NIS 0.1 par value per share	24,224(1)	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Options (right to buy)	(2)	09/30/2028	Ordinary shares, NIS 0.1 par value per share	15,000	$23.22(3)	D
Stock Options (right to buy)	(4)	10/01/2032	Ordinary shares, NIS 0.1 par value per share	50,930	$27.33(5)	D

Explanation of Responses:

1. Includes (i) 9,770 restricted share units granted on April 21, 2024, with 3,256 vesting on each of April 21, 2025 and April 21, 2027, and 3,256 vesting on each of April 21, 2026 and April 21, 2028; and (ii) 11,198 restricted share units granted on October 1, 2025, with 2,799 vesting on each of October 1, 2026 and October 1, 2028, and 2,800 vesting on each of October 1, 2027 and October 1, 2029. Each restricted share unit represents a contingent right to receive one ordinary share of the Company.

2. Stock options were granted on September 30, 2021, which vested on September 30, 2025.

3. Represents an exercise price of NIS 71.89, converted to U.S. dollars using the Bank of Israel representative exchange rate of $1.00 to NIS 3.096 as of March 18, 2026.

4. Stock options were granted on October 1, 2025, with 12,732 vesting on each of October 1, 2026 and October 1, 2028, and 12,733 vesting on each of October 1, 2027 and October 1, 2029.

5. Represents an exercise price of NIS 84.60, converted to U.S. dollars using the Bank of Israel representative exchange rate of $1.00 to NIS 3.096 as of March 18, 2026.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney by Ayelet Cohen Israeli

	/s/ Helit Megido as attorney-in-fact for Ayelet Cohen Israeli	03/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does the Form 3 for ENLT executive Cohen Israeli Ayelet show?

The Form 3 shows initial ownership in Enlight Renewable Energy Ltd. It reports 24,224 ordinary shares plus stock options over 15,000 and 50,930 shares at fixed exercise prices, establishing the VP Operations’ starting equity position as a reporting insider.

How many Enlight Renewable Energy (ENLT) shares does the VP Operations hold directly?

The VP Operations holds 24,224 ordinary shares directly. This figure includes restricted share units that convert into ordinary shares over several years, reflecting both currently owned shares and contingent rights that vest through 2029.

What stock options are reported in the ENLT Form 3 filing?

The filing lists two direct stock option positions. One covers 15,000 underlying ordinary shares at $23.2200 per share expiring on September 30, 2028, and another covers 50,930 shares at $27.3300 per share expiring on October 1, 2032.

Are there restricted share units (RSUs) in the ENLT VP’s holdings?

Yes, the holdings include restricted share units. Footnotes describe 9,770 RSUs granted in April 2024 and 11,198 RSUs granted in October 2025, with portions vesting annually between 2025 and 2029, each RSU representing one ordinary share.

Does the ENLT Form 3 show any recent insider buying or selling activity?

No explicit buying or selling activity is shown. The entries are coded as holdings with unknown transaction codes, indicating this Form 3 primarily establishes the VP Operations’ existing equity and option positions rather than reporting new market trades.

What are the exercise prices of the ENLT stock options reported?

The stock options have exercise prices of $23.2200 and $27.3300 per share. These U.S. dollar values are based on converted New Israeli Shekel amounts using the Bank of Israel exchange rate as of March 18, 2026.