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Enlight Renewable Energy (ENLT) VP exercises options and sells 4,503 shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Enlight Renewable Energy VP and general counsel Lisa Haimovitz reported a series of option exercises and related share moves. On May 12 and 13, she exercised stock options covering a total of 7,703 ordinary shares at an exercise price of $19.87 per share. To cover the option exercise price and tax obligations, 3,200 shares were disposed of back to the company, and 4,503 shares were sold in open-market transactions at prices around $92.67–$93.84 per share. Following these transactions, she directly holds 13,026 ordinary shares. Footnotes also note 6,513 restricted share units granted on April 21, 2024, scheduled to vest in two equal tranches in 2027 and 2028, each representing the right to receive one ordinary share.

Positive

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Insider Haimovitz Lisa
Role VP, GENERAL COUNSEL
Sold 4,503 shs ($418K)
Type Security Shares Price Value
Exercise Stock Options (right to buy) 2,703 $0.00 --
Exercise Ordinary shares, NIS 0.1 par value per share 2,703 $19.87 $54K
Tax Withholding Ordinary shares, NIS 0.1 par value per share 2,083 $93.84 $195K
Sale Ordinary shares, NIS 0.1 par value per share 620 $93.84 $58K
Exercise Stock Options (right to buy) 5,000 $0.00 --
Exercise Ordinary shares, NIS 0.1 par value per share 5,000 $19.87 $99K
Tax Withholding Ordinary shares, NIS 0.1 par value per share 1,117 $92.67 $104K
Sale Ordinary shares, NIS 0.1 par value per share 3,883 $92.67 $360K
Holdings After Transaction: Stock Options (right to buy) — 66,340 shares (Direct, null); Ordinary shares, NIS 0.1 par value per share — 15,729 shares (Direct, null)
Footnotes (1)
  1. 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. Includes 6,513 restricted share units granted on April 21, 2024, with 3,256 vesting on April 24, 2027 and 3,257 vesting on April 24, 2028. Each restricted share unit represents a contingent right to receive one ordinary share of the Company. These shares were retained by the Company in payment of the exercise price of the employee stock options exercised by the Reporting Person. The amount retained by the Company was not in excess of the amount of the exercise price. Represents a transaction price of NIS 269.57, converted to U.S. dollars using the Bank of Israel representative exchange rate of $1.00 to NIS 2.909 as of the date immediately preceding the date of the transaction. Represents a transaction price of NIS 272.99, converted to U.S. dollars using the Bank of Israel representative exchange rate of $1.00 to NIS 2.909 as of the date immediately preceding the date of the transaction. Stock options were granted on April 24, 2023, with 46,543 having vested on April 24, 2026 and 22,500 vesting on April 24, 2027. Stock options were granted on April 24, 2023, with 43,840 having vested on April 24, 2026 and 22,500 vesting on April 24, 2027.
Shares sold 4,503 shares Open-market sales on May 12–13, 2026
Options exercised 7,703 shares Stock option exercises on May 12–13, 2026
Exercise price $19.87 per share Stock option exercise price, from NIS 61.52
Sale prices $92.67 and $93.84 per share Open-market transactions on May 12 and 13, 2026
Shares withheld 3,200 shares Disposed to company for option exercise price and obligations
Direct holdings after 13,026 shares Ordinary shares held directly following transactions
Restricted share units 6,513 RSUs Granted April 21, 2024; vesting in 2027 and 2028
Future option vesting 22,500 options Stock options scheduled to vest on April 24, 2027
restricted share units financial
"Includes 6,513 restricted share units granted on April 21, 2024, with 3,256 vesting..."
Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.
Bank of Israel representative exchange rate financial
"converted to U.S. dollars using the Bank of Israel representative exchange rate of $1.00 to NIS 3.096..."
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.
employee stock options financial
"These shares were retained by the Company in payment of the exercise price of the employee stock options..."
Employee stock options are contracts that give workers the right to buy a company's shares at a set price sometime in the future, like a coupon that lets you purchase stock at today’s price later on. Investors care because they align employees’ incentives with company performance and create a potential future claim on shares that can reduce existing owners’ percentage and add to a company’s reported compensation costs.
stock options financial
"Stock options were granted on April 24, 2023, with 46,543 having vested..."
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.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Haimovitz Lisa

(Last)(First)(Middle)
C/O ENLIGHT RENEWABLE ENERGY LTD.
13 AMAL ST. AFEK INDUSTRIAL PARK

(Street)
ROSH HAAYIN4809249

(City)(State)(Zip)

ISRAEL

(Country)
2. Issuer Name and Ticker or Trading Symbol
Enlight Renewable Energy Ltd. [ ENLT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
VP, GENERAL COUNSEL
2a. Foreign Trading Symbol
[ENLT]
3. Date of Earliest Transaction (Month/Day/Year)
05/12/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Ordinary shares, NIS 0.1 par value per share05/12/2026M5,000A$19.87(1)18,026(2)D
Ordinary shares, NIS 0.1 par value per share05/12/2026F1,117(3)D$92.67(4)16,909(2)D
Ordinary shares, NIS 0.1 par value per share05/12/2026S3,883D$92.67(4)13,026(2)D
Ordinary shares, NIS 0.1 par value per share05/13/2026M2,703A$19.87(1)15,729(2)D
Ordinary shares, NIS 0.1 par value per share05/13/2026F2,083(3)D$93.84(5)13,646(2)D
Ordinary shares, NIS 0.1 par value per share05/13/2026S620D$93.84(5)13,026(2)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Options (right to buy)$19.87(1)05/12/2026M5,000 (6)09/30/2028Ordinary shares, NIS 0.1 par value per share5,000$069,043(6)D
Stock Options (right to buy)$19.87(1)05/13/2026M2,703 (7)09/30/2028Ordinary shares, NIS 0.1 par value per share2,703$066,340(7)D
Explanation of Responses:
1. 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.
2. Includes 6,513 restricted share units granted on April 21, 2024, with 3,256 vesting on April 24, 2027 and 3,257 vesting on April 24, 2028. Each restricted share unit represents a contingent right to receive one ordinary share of the Company.
3. These shares were retained by the Company in payment of the exercise price of the employee stock options exercised by the Reporting Person. The amount retained by the Company was not in excess of the amount of the exercise price.
4. Represents a transaction price of NIS 269.57, converted to U.S. dollars using the Bank of Israel representative exchange rate of $1.00 to NIS 2.909 as of the date immediately preceding the date of the transaction.
5. Represents a transaction price of NIS 272.99, converted to U.S. dollars using the Bank of Israel representative exchange rate of $1.00 to NIS 2.909 as of the date immediately preceding the date of the transaction.
6. Stock options were granted on April 24, 2023, with 46,543 having vested on April 24, 2026 and 22,500 vesting on April 24, 2027.
7. Stock options were granted on April 24, 2023, with 43,840 having vested on April 24, 2026 and 22,500 vesting on April 24, 2027.
/s/ Helit Megido as attorney-in-fact for Lisa Haimovitz05/14/2026
** Signature of Reporting PersonDate
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 4 (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 4: SEC 1474 (03-26)

FAQ

What did Enlight Renewable Energy (ENLT) VP Lisa Haimovitz report in this Form 4?

She reported option exercises and related share transactions involving Enlight Renewable Energy ordinary shares. The filing shows exercises of 7,703 options, open-market sales of 4,503 shares, tax-related share dispositions, and updated direct ownership of 13,026 ordinary shares following the transactions.

How many Enlight Renewable Energy shares did Lisa Haimovitz sell?

She sold 4,503 Enlight Renewable Energy ordinary shares in open-market transactions. These sales occurred over two days at prices around $92.67 and $93.84 per share, in connection with exercises of stock options previously granted as part of her compensation.

At what price did Lisa Haimovitz exercise her Enlight Renewable Energy stock options?

She exercised stock options at an exercise price of $19.87 per share. A footnote explains this reflects NIS 61.52, converted using the Bank of Israel representative exchange rate of $1.00 to NIS 3.096 as of March 18, 2026.

How many Enlight Renewable Energy shares does Lisa Haimovitz own after these transactions?

After completing the option exercises, tax-related dispositions, and open-market sales, she directly holds 13,026 Enlight Renewable Energy ordinary shares. This figure reflects her reported non-derivative holdings immediately following the transactions disclosed in the Form 4 filing.

Were any Enlight Renewable Energy shares used to cover taxes or exercise costs?

Yes, 3,200 shares were disposed of to the company to pay the option exercise price and related obligations. A footnote clarifies these shares were retained by the company and that the amount retained was not in excess of the stock option exercise price.

What restricted share units does Lisa Haimovitz hold in Enlight Renewable Energy?

She holds 6,513 restricted share units granted on April 21, 2024. According to the disclosure, 3,256 units vest on April 24, 2027 and 3,257 units vest on April 24, 2028, each representing a contingent right to receive one ordinary share.