Enlight Renewable (ENLT) counsel exercises 435 options and corrects totals
Rhea-AI Filing Summary
Haimovitz Lisa reported disposition transactions in this Form 4 filing.
Enlight Renewable Energy Ltd. executive Lisa Haimovitz, VP and general counsel, exercised 435 stock options, acquiring an equal number of ordinary shares. The options carry an exercise price of NIS 61.52 (about $19.87) per share and expire on September 30, 2028. The amendment corrects prior Form 4 reports by reducing the "Number of Derivative Securities Beneficially Owned Following Reported Transaction" by 2,703 stock options, restating her post-transaction holdings to 65,905 stock options.
Positive
- None.
Negative
- None.
Insider Trade Summary
435 shares exercised/converted
Exercise
1 txn
Insider
Haimovitz Lisa
Role
VP, GENERAL COUNSEL
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options (right to buy) F1, F2, F3 | 435 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Options (right to buy) — 65,905 shares (Direct)
Footnotes (3)
- F1. Represents an exercise price of NIS 61.52, 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.
- F2. Stock options were granted on April 24, 2023, with 52,500 having vested on April 24, 2026 and 22,500 vesting on April 24, 2027.
- F3. This amendment is being filed to correct an error in the reporting person's Form 4 filed on May 18, 2026 (the "Original Form 4"). The "Number of Derivative Securities Beneficially Owned Following Reported Transaction" was inadvertently overstated by 2,703 stock options in the Original Form 4, which error carried forward into the reporting person's Form 4 filings on May 27, 2026, May 28, 2026, and June 1, 2026. This amendment restates that figure to reflect the correct number of stock options beneficially owned following the reported transaction.
Key Figures
Options Exercised: 435 stock options
Exercise Price (NIS): NIS 61.52 per share
Exercise Price (USD): $19.87 per share
+5 more
8 metrics
Options Exercised
435 stock options
Number of stock options exercised and converted into ordinary shares on May 14, 2026
Exercise Price (NIS)
NIS 61.52 per share
Exercise price stated in local currency for the stock options
Exercise Price (USD)
$19.87 per share
NIS 61.52 converted using $1.00 to NIS 3.096 as of March 18, 2026
Options After Transaction
65,905 stock options
Number of derivative securities beneficially owned following the reported transaction
Overstatement Corrected
2,703 stock options
Amount by which prior reports overstated options beneficially owned
Option Expiration
September 30, 2028
Expiration date of the reported stock options
Vested Tranche
52,500 options
Options vested on April 24, 2026 from the April 24, 2023 grant
Future Vesting
22,500 options
Options scheduled to vest on April 24, 2027 from the same grant
Key Terms
Stock Options, exercise price, Bank of Israel representative exchange rate, derivative securities beneficially owned, +1 more
5 terms
Stock Options financial
"Represents an exercise price of NIS 61.52, converted to U.S. dollars"
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
exercise price financial
"Represents an exercise price of NIS 61.52, converted to U.S. dollars"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
Bank of Israel representative exchange rate financial
"using the Bank of Israel representative exchange rate of $1.00 to NIS 3.096"
derivative securities beneficially owned financial
"The "Number of Derivative Securities Beneficially Owned Following Reported Transaction""
Form 4 regulatory
"error in the reporting person's Form 4 filed on May 18, 2026"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did ENLT executive Lisa Haimovitz report in this amended Form 4/A?
Lisa Haimovitz reported exercising 435 stock options, receiving 435 ordinary shares of Enlight Renewable Energy Ltd. The amendment also corrects her remaining option holdings, restating the number of derivative securities beneficially owned after the transaction to 65,905 stock options.
What is the exercise price of the options in Enlight Renewable (ENLT) Form 4/A?
The stock options have an exercise price of NIS 61.52 per share, converted to $19.87 using the Bank of Israel representative exchange rate of $1.00 to NIS 3.096 as of March 18, 2026, as disclosed in the footnote.
Why was this Form 4/A amendment filed for Enlight Renewable (ENLT)?
The amendment was filed to correct an error in earlier Form 4s where the number of derivative securities beneficially owned after the transaction was overstated by 2,703 stock options. The filing now reflects the correct post-transaction holding of 65,905 stock options.
How many Enlight Renewable (ENLT) options does Lisa Haimovitz hold after this transaction?
After the reported option exercise, Lisa Haimovitz beneficially owns 65,905 stock options. Earlier Form 4 filings had incorrectly reported a number that was higher by 2,703 options, which this amendment expressly corrects and restates.
What are the vesting terms of the Enlight Renewable (ENLT) options in this Form 4/A?
The stock options were granted on April 24, 2023. Of the grant, 52,500 options vested on April 24, 2026, and an additional 22,500 options are scheduled to vest on April 24, 2027, according to the disclosure footnote.
When do the Enlight Renewable (ENLT) options reported in this Form 4/A expire?
The reported stock options expire on September 30, 2028. This expiration date applies to the options under which 435 shares were acquired in the reported transaction, as indicated in the derivative security details.