Enlight Renewable (ENLT) VP exercises 957 options and sells 737 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Enlight Renewable Energy VP and general counsel Lisa Haimovitz exercised employee stock options and completed a related sale of ordinary shares. She exercised 957 options at $19.87 per share, with 220 shares retained by the company to cover the exercise price, and sold 737 shares in an open-market transaction at $92.75 per share. Following these transactions, she directly holds 13,026 ordinary shares, and the position change reflects a routine exercise-and-sell pattern linked to employee equity compensation.
Positive
- None.
Negative
- None.
Insights
Routine option exercise with partial share sale and modest net reduction.
VP and general counsel Lisa Haimovitz exercised 957 stock options at an exercise price of $19.87 per share, then disposed of shares tied to that exercise. Of these, 220 shares were retained by the company to pay the exercise price, and 737 shares were sold at $92.75 per share.
The filing shows 13,026 ordinary shares held directly after the transactions, indicating a relatively small position change. Footnotes note additional equity such as 6,513 restricted share units granted on April 21, 2024, vesting through April 24, 2028. Overall, this appears as standard equity compensation activity rather than a thesis-changing move.
Insider Trade Summary
Net Seller: 737 shares ($68,357)
Net Sell
4 txns
Insider
Haimovitz Lisa
Role
VP, GENERAL COUNSEL
Sold
737 shs ($68K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options (right to buy) | 957 | $0.00 | -- |
| Exercise | Ordinary shares, NIS 0.1 par value per share | 957 | $19.87 | $19K |
| Tax Withholding | Ordinary shares, NIS 0.1 par value per share | 220 | $92.75 | $20K |
| Sale | Ordinary shares, NIS 0.1 par value per share | 737 | $92.75 | $68K |
Holdings After Transaction:
Stock Options (right to buy) — 74,043 shares (Direct, null);
Ordinary shares, NIS 0.1 par value per share — 13,983 shares (Direct, null)
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 3,257 vesting on April 24, 2028 and 3,256 vesting on April 24, 2027. 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 269.26, converted to U.S. dollars using the Bank of Israel representative exchange rate of $1.00 to NIS 2.903 as of the date immediately preceding the date of the transaction. 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: 737 shares
Sale price: $92.75 per share
Options exercised: 957 shares
+5 more
8 metrics
Shares sold
737 shares
Open-market sale on May 7, 2026 at $92.75 per share
Sale price
$92.75 per share
Ordinary share sale transaction on May 7, 2026
Options exercised
957 shares
Stock option exercise at $19.87 per share
Exercise price
$19.87 per share
Exercise of stock options into ordinary shares
Shares retained for exercise price
220 shares
Disposition coded F, retained by company to cover exercise price
Shares held after transactions
13,026 shares
Directly owned ordinary shares post-transaction
Restricted share units
6,513 RSUs
Granted April 21, 2024; vesting in 2027 and 2028
Option expiration
September 30, 2028
Expiration date of exercised stock options grant
Key Terms
restricted share units, exercise price, Bank of Israel representative exchange rate, stock options, +1 more
5 terms
exercise price financial
"These shares were retained by the Company in payment of the exercise price of the employee stock options exercised by the Reporting Person."
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
"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."
stock options financial
"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."
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.
derivative security financial
"transaction_code_description: 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.
FAQ
What did Enlight Renewable Energy (ENLT) VP Lisa Haimovitz do in this Form 4?
Lisa Haimovitz exercised stock options and relatedly disposed of some shares. She exercised 957 options, had 220 shares retained by the company for the exercise price, and sold 737 ordinary shares in an open-market transaction at a reported price of $92.75 per share.
What stock options did Lisa Haimovitz exercise in the ENLT Form 4 filing?
She exercised 957 stock options to acquire ordinary shares at an exercise price of $19.87 per share. These options are part of a grant originally issued on April 24, 2023, with specified vesting tranches in 2026 and 2027 and an expiration date in 2028.
What additional equity awards does Lisa Haimovitz have at Enlight Renewable Energy (ENLT)?
A footnote discloses 6,513 restricted share units granted on April 21, 2024. Of these, 3,257 RSUs vest on April 24, 2028 and 3,256 vest on April 24, 2027, each representing a contingent right to receive one ordinary share upon vesting.