Enlight Renewable Energy (ENLT) VP exercises options and sells 4,503 shares
Filing Impact
Filing Sentiment
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
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,503 shares ($418,018)
Net Sell
8 txns
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);
Ordinary shares, NIS 0.1 par value per share — 15,729 shares (Direct)
Footnotes (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.
Key Figures
Shares sold: 4,503 shares
Options exercised: 7,703 shares
Exercise price: $19.87 per share
+5 more
8 metrics
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
Key Terms
restricted share units, Bank of Israel representative exchange rate, exercise price, employee stock options, +1 more
5 terms
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.
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.
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.