Enlight (ENLT) executive exercises 35,286 options and sells 26,622 shares
Rhea-AI Filing Summary
Enlight Renewable Energy executive Ilan Goren reported a mix of option exercises, tax withholding and share sales. He exercised 35,286 stock options at $23.22 per share, receiving ordinary shares. The company retained 8,664 shares to cover the option exercise price and related obligations. Goren then sold 26,622 ordinary shares in an open-market transaction at $103.76 per share. After these transactions, he holds 42,835 ordinary shares directly and maintains stock options over 98,743 shares at a $27.33 exercise price expiring on July 29, 2032, and 100,000 shares at a $22.17 exercise price expiring on June 28, 2029. Additional option and RSU positions are included for informational purposes without new transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
6 txns
Insider
Goren Ilan
Role
GENERAL MANAGER, ENLIGHT US
Sold
26,622 shs ($2.76M)
Approx. gross sale proceeds
$2.76M
Approx. exercise cost
$819K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options (right to buy) | 35,286 | $0.00 | $0.00 |
| Exercise | Ordinary shares, NIS 0.1 par value per share | 35,286 | $23.22 | $819K |
| Exercise Price or Tax Liability | Ordinary shares, NIS 0.1 par value per share | 8,664 | $103.76 | $899K |
| Sale | Ordinary shares, NIS 0.1 par value per share | 26,622 | $103.76 | $2.76M |
| holding | Stock Options (right to buy) | -- | -- | -- |
| holding | Stock Options (right to buy) | -- | -- | -- |
Holdings After Transaction:
Stock Options (right to buy) — 228,457 shares (Direct);
Ordinary shares, NIS 0.1 par value per share — 42,835 shares (Direct)
Footnotes (10)
- F1. Represents an exercise price of NIS 71.89, 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 (i) 14,083 restricted share units granted on April 21, 2024, with 7,041 vesting on April 21, 2027 and 7,042 vesting on April 21, 2028; and (ii) 21,710 restricted share units granted on July 29, 2025, with 5,427 vesting on each of October 1, 2026 and October 1, 2028, and 5,428 vesting on each of October 1, 2027 and October 1, 2029. 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 296.66, 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 September 30, 2021, with 35,000 having vested on September 30, 2024; and 30,000 having vested on September 30, 2025.
- F6. Represents an exercise price of NIS 68.64, 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.
- F7. Stock options were granted on June 28, 2022, with 25,000 having vested on each of June 28, 2023 and June 28, 2024; 35,000 having vested on June 28, 2025; and 15,000 vesting on June 28, 2026.
- F8. No transaction has been effected by the Reporting Person with respect to these securities, and they are being included in this Form 4 for informational purposes only.
- F9. Represents an exercise price of NIS 84.60, 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.
- F10. Stock options were granted on July 29, 2025, with 24,685 vesting on October 1, 2026; and 24,686 vesting on each of October 1, 2027, October 1, 2028, and October 1, 2029.
Key Figures
Open-market sale: 26,622 shares at $103.76
Options exercised: 35,286 shares at $23.22
Tax-withholding shares: 8,664 shares at $103.76
+3 more
6 metrics
Open-market sale
26,622 shares at $103.76
Ordinary shares sold on May 27, 2026
Options exercised
35,286 shares at $23.22
Stock option exercise on May 27, 2026
Tax-withholding shares
8,664 shares at $103.76
Shares delivered to company for exercise price/taxes
Shares held after
42,835 shares
Direct ordinary share ownership following transactions
Remaining options 1
98,743 shares at $27.33
Stock options expiring July 29, 2032
Remaining options 2
100,000 shares at $22.17
Stock options expiring June 28, 2029
Key Terms
Stock Options (right to buy), restricted share units, tax-withholding disposition, Bank of Israel representative exchange rate, +1 more
5 terms
Stock Options (right to buy) financial
"security_title: "Stock Options (right to buy)""
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
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.
Bank of Israel representative exchange rate financial
"converted to U.S. dollars using the Bank of Israel representative exchange rate"
exercise price financial
"Represents an exercise price of NIS 71.89, 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Enlight (ENLT) executive Ilan Goren report in this Form 4?
Ilan Goren reported exercising 35,286 stock options, a tax-withholding share disposition, and selling 26,622 Enlight ordinary shares. The filing also lists his remaining direct share ownership and substantial unexercised stock option positions with specified exercise prices and expiration dates.
How many Enlight (ENLT) stock options did Ilan Goren exercise?
He exercised 35,286 stock options at an exercise price of $23.22 per share, receiving ordinary shares. A portion of the resulting shares was then used to cover the option exercise price and related obligations, and another portion was sold on the open market.
What Enlight (ENLT) stock options does Ilan Goren still hold after the Form 4?
He retains stock options over 98,743 shares at a $27.33 exercise price expiring July 29, 2032 and options over 100,000 shares at a $22.17 exercise price expiring June 28, 2029. These positions provide significant remaining potential equity exposure.
Were all option and RSU positions in the Enlight (ENLT) Form 4 newly transacted?
No. One footnote explains certain securities are included for informational purposes only and that no transaction has been effected for those positions. They reflect existing holdings, not new purchases, sales, or exercises in this Form 4.