eToro director Stepak Avner reports share holdings
eToro Group Ltd. director Stepak Avner filed an initial Form 3 reporting his equity interests in the company.
Rhea-AI Filing Summary
eToro Group Ltd. director Stepak Avner filed an initial Form 3 reporting his equity interests in the company. The filing shows indirect holdings through Shira 10 Strategies Ltd. of 33,848 Class B common shares that are convertible into Class A shares at any time, plus 28,702 Class A common shares. Avner also reports multiple option grants on both Class A and Class B shares with exercise prices ranging from $0.805 to $17.50 and expirations between 2028 and 2035, some of which are already vested and the remainder vesting over time.
Positive
- None.
Negative
- None.
Insider Trade Summary
12 transactions reported
Mixed
12 txns
Insider
Stepak Avner
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class B common shares | -- | -- | -- |
| holding | Options to purchase Class A common shares | -- | -- | -- |
| holding | Options to purchase Class A common shares | -- | -- | -- |
| holding | Options to purchase Class A common shares | -- | -- | -- |
| holding | Options to purchase Class A common shares | -- | -- | -- |
| holding | Options to purchase Class A common shares | -- | -- | -- |
| holding | Options to purchase Class B common shares | -- | -- | -- |
| holding | Options to purchase Class B common shares | -- | -- | -- |
| holding | Options to purchase Class B common shares | -- | -- | -- |
| holding | Options to purchase Class B common shares | -- | -- | -- |
| holding | Options to purchase Class B common shares | -- | -- | -- |
| holding | Class A common shares | -- | -- | -- |
Holdings After Transaction:
Class B common shares — 33,848 contracts (Indirect, By Shira 10 Strategies Ltd.);
Options to purchase Class A common shares — 64,646 contracts (Direct);
Options to purchase Class B common shares — 74,802 contracts (Direct);
Class A common shares — 28,702 shares (Indirect, By Shira 10 Strategies Ltd.)
Footnotes (4)
- F1. Class B common shares are convertible into Class A common shares at any time at the holder's option.
- F2. These options are fully vested and immediately exercisable.
- F3. Includes options to purchase 8,000 Class A common shares ("Class A Options"), of which 3,000 Class A Options are vested as of March 18, 2026, and 1,000 Class A Options shall vest on April 1, 2026 and following each subsequent 3-month period thereafter until April 1, 2027.
- F4. Includes options to purchase 8,000 Class B common shares ("Class B Options"), of which 3,000 Class B Options are vested as of March 18, 2026, and 1,000 Class B Options shall vest on April 1, 2026 and following each subsequent 3-month period thereafter until April 1, 2027.
Key Figures
Convertible Class B holding: 33,848 shares
Indirect Class A holding: 28,702 shares
Class A options at $0.805: 24,000 underlying shares
+5 more
8 metrics
Convertible Class B holding
33,848 shares
Class B common shares convertible into Class A, indirect holding
Indirect Class A holding
28,702 shares
Class A common shares held via Shira 10 Strategies Ltd.
Class A options at $0.805
24,000 underlying shares
Options to purchase Class A shares at $0.805, expiring 2028-04-14
Class A options at $6.70
24,000 underlying shares
Options to purchase Class A shares at $6.7000, expiring 2028-06-28
Class A options at $17.50
8,000 underlying shares
Options to purchase Class A shares at $17.5000, expiring 2035-01-07
Class B options at $0.805
24,000 underlying shares
Options to purchase Class B shares at $0.8050, expiring 2028-04-14
Class B options at $6.70
24,000 underlying shares
Options to purchase Class B shares at $6.7000, expiring 2028-06-28
Partially vested options blocks
8,000 Class A; 8,000 Class B
Option blocks with 3,000 vested and 1,000 vesting quarterly to 2027
Key Terms
Class B common shares, convertible, indirect ownership, exercise price, +2 more
6 terms
convertible financial
"Class B common shares are convertible into Class A common shares at any time"
A convertible is a type of investment that starts as a loan or preferred stake (like a bond or preferred share) but can be exchanged for common shares of the company at a set price or under certain conditions. It matters to investors because it offers a mix of steady income and downside protection like a loan, plus the upside of stock ownership if the company does well—similar to holding a coupon that you can trade for a full ticket if the event becomes valuable.
indirect ownership financial
"indirect holdings through Shira 10 Strategies Ltd. of 33,848 Class B common shares"
exercise price financial
"options on both Class A and Class B shares with exercise prices ranging from $0.805 to $17.50"
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.
vested financial
"of which 3,000 Class A Options are vested as of March 18, 2026"
immediately exercisable financial
"These options are fully vested and immediately exercisable."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does Stepak Avner’s Form 3 filing for eToro (ETOR) show?
The Form 3 shows Stepak Avner’s existing equity interests in eToro, not new trades. It reports indirect holdings of Class A and Class B shares, plus several option grants on both classes with different exercise prices and expiration dates.
Are Stepak Avner’s options in eToro (ETOR) vested or still vesting?
Some options are fully vested and immediately exercisable, while others vest over time. Footnotes specify that certain 8,000-share Class A and Class B option blocks are partly vested as of March 18, 2026, with additional 1,000-share portions vesting quarterly through April 1, 2027.
AI-generated analysis. How Rhea-AI works. Not financial advice.
