Enlight VP exercises options, sells 2,807 shares
Enlight Renewable Energy VP and General Counsel Lisa Haimovitz exercised stock options and sold a portion of the resulting shares.
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Form Type
4
Rhea-AI Filing Summary
Enlight Renewable Energy VP and General Counsel Lisa Haimovitz exercised stock options and sold a portion of the resulting shares. She exercised 3,554 options for ordinary shares at an exercise price of $19.87 per share, then 747 shares were delivered back to the company to cover the exercise price and related obligations.
Haimovitz also completed an open-market sale of 2,807 ordinary shares at an average price of $103.75 per share. After these transactions, she directly owns 13,026 ordinary shares, and holds 58,054 stock options outstanding plus 6,513 restricted share units that will vest in 2027 and 2028.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
4 txns
Insider
Haimovitz Lisa
Role
VP, GENERAL COUNSEL
Sold
2,807 shs ($291K)
Approx. gross sale proceeds
$291K
Approx. exercise cost
$71K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options (right to buy) | 3,554 | $0.00 | $0.00 |
| Exercise | Ordinary shares, NIS 0.1 par value per share | 3,554 | $19.87 | $71K |
| Exercise Price or Tax Liability | Ordinary shares, NIS 0.1 par value per share | 747 | $103.75 | $78K |
| Sale | Ordinary shares, NIS 0.1 par value per share | 2,807 | $103.75 | $291K |
Holdings After Transaction:
Stock Options (right to buy) — 58,054 contracts (Direct);
Ordinary shares, NIS 0.1 par value per share — 13,026 shares (Direct)
Footnotes (5)
- 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. 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.
- F3. 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.
- F4. Represents a transaction price of NIS 296.61, converted to U.S. dollars using the Bank of Israel representative exchange rate of $1.00 to NIS 2.859 as of the date immediately preceding the date of the transaction.
- F5. 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.
Key Figures
Shares sold: 2,807 shares
Sale price: $103.75/share
Options exercised: 3,554 shares
+5 more
8 metrics
Shares sold
2,807 shares
Open-market sale at $103.75 per share on May 27, 2026
Sale price
$103.75/share
Average price for 2,807 ordinary shares sold
Options exercised
3,554 shares
Stock options exercised at $19.87 exercise price
Exercise price
$19.87/share
Represents NIS 61.52 using 3.096 NIS per $1.00
Shares withheld
747 shares
Retained by company to cover exercise price and obligations
Direct holdings after
13,026 shares
Ordinary shares directly owned following reported transactions
Outstanding options
58,054 options
Stock options remaining after exercising 3,554 from 61,608
Unvested RSUs
6,513 units
Restricted share units vesting in 2027 and 2028
Key Terms
restricted share units, exercise price, derivative security, tax-withholding disposition, +2 more
6 terms
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.
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Stock Options (right to buy) financial
"Stock Options (right to buy)"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Enlight Renewable Energy (ENLT) report for Lisa Haimovitz?
Enlight Renewable Energy reported that VP and General Counsel Lisa Haimovitz exercised 3,554 stock options at $19.87 per share, had 747 shares withheld to cover obligations, and sold 2,807 ordinary shares in the open market at $103.75 per share.
What prices were involved in Lisa Haimovitz’s Enlight Renewable Energy (ENLT) option exercise and share sale?
Her stock options were exercised at an exercise price of $19.87 per share, based on a NIS 61.52 strike. The subsequent open-market sale of 2,807 ordinary shares occurred at an average price of $103.75 per share, reflecting NIS 296.61 per share.
How were taxes and exercise costs handled in Lisa Haimovitz’s ENLT option exercise?
The company retained 747 shares to pay the option exercise price and related obligations. A footnote clarifies these shares were retained by Enlight Renewable Energy and that the amount retained was not in excess of the total exercise price owed on the options.
What future equity does Lisa Haimovitz have in Enlight Renewable Energy (ENLT) through RSUs and options?
She holds 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. She also retains 58,054 stock options from a grant originally totaling 75,000 options.
When were Lisa Haimovitz’s Enlight Renewable Energy (ENLT) stock options granted and when do they vest or expire?
The stock options were granted on April 24, 2023. From this grant, 52,500 options had vested by April 24, 2026 and 22,500 will vest on April 24, 2027. The options have an expiration date of September 30, 2028, if not exercised earlier.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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