eToro director logs 3.6M-share transfer, 5,783 sale
eToro Group Ltd. (ETOR) director Santo Politi reported several August 12, 2026 transactions involving Class A common shares held through Spark Capital entities.
Rhea-AI Filing Summary
eToro Group Ltd. (ETOR) director Santo Politi reported several August 12, 2026 transactions involving Class A common shares held through Spark Capital entities. Spark Capital II, L.P. and Spark Capital Founders' Fund II, L.P. distributed in kind a total of 3,583,287 shares to their partners, after which Politi no longer had any pecuniary interest in, or voting or dispositive power over, those securities. Spark Capital Partners, LLC received 5,783 shares in an in‑kind distribution and then sold the same 5,783 shares at a weighted average price of $28.013 per share. Following these transactions, Politi reported 2,107 Class A shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,783 shares
Net Sell
5 txns
Insider
POLITI SANTO
Role
Director
Sold
5,783 shs ($162K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Class A common shares F1, F2 | 3,559,007 | $0.00 | $0.00 |
| Disposition | Class A common shares F1, F2 | 23,280 | $0.00 | $0.00 |
| Other | Class A common shares F3 | 5,783 | $0.00 | $0.00 |
| Sale | Class A common shares F4 | 5,783 | $28.013 | $162K |
| holding | Class A common shares | -- | -- | -- |
Holdings After Transaction:
Class A common shares — 0 shares (Indirect, By Spark Capital II, L.P.);
Class A common shares — 0 shares (Indirect, By Spark Capital Founders' Fund II, L.P.);
Class A common shares — 0 shares (Indirect, By Spark Capital Partners, LLC);
Class A common shares — 2,107 shares (Direct)
Footnotes (4)
- F1. Represents a distribution in kind by each of Spark Capital II, L.P. and Spark Capital Founders' Fund II, L.P. to its partners. The reporting person no longer has any pecuniary interest in, or voting or dispositive power over, the securities reported herein.
- F2. The Reporting Person disclaims beneficial ownership of the securities reported herein as indirectly held by Spark Capital II, L.P. and Spark Capital Founders' Fund II, L.P., except to the extent of such Reporting Person's pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 or any other purpose.
- F3. Represents shares received by Spark Capital Partners, LLC in a distribution in kind from Spark Capital II, L.P. to its partners. The reporting person may be deemed to share voting, investment and dispositive power with respect to these securities. The reporting person disclaims beneficial ownership of the securities except to the extent of his pecuniary interest therein.
- F4. The price reported is a weighted average price. The reporting person undertakes to provide full information, regarding the number of shares and prices at which the transaction was effectuated, upon request.
Key Figures
Shares distributed in kind by Spark Capital II, L.P.: 3,559,007 shares
Shares distributed in kind by Spark Capital Founders' Fund II, L.P.: 23,280 shares
Shares received by Spark Capital Partners, LLC: 5,783 shares
+4 more
7 metrics
Shares distributed in kind by Spark Capital II, L.P.
3,559,007 shares
Class A common shares of eToro distributed on August 12, 2026
Shares distributed in kind by Spark Capital Founders' Fund II, L.P.
23,280 shares
Class A common shares of eToro distributed on August 12, 2026
Shares received by Spark Capital Partners, LLC
5,783 shares
Received in an in‑kind distribution from Spark Capital II, L.P.
Shares sold by Spark Capital Partners, LLC
5,783 shares
Sale of Class A common shares on August 12, 2026
Weighted average sale price
$28.013 per share
Weighted average price for the 5,783 shares sold
Direct holdings after transactions
2,107 shares
Class A common shares of eToro held directly by Santo Politi
Net buy/sell direction
Net sale of 5,783 shares
Net result of reported buy and sell transactions
Key Terms
distribution in kind, pecuniary interest, dispositive power, beneficial ownership, +1 more
5 terms
distribution in kind financial
"Represents a distribution in kind by each of Spark Capital II, L.P."
pecuniary interest financial
"no longer has any pecuniary interest in, or voting or dispositive power"
dispositive power financial
"no longer has any pecuniary interest in, or voting or dispositive power"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
beneficial ownership regulatory
"disclaims beneficial ownership of the securities reported herein"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
weighted average price financial
"The price reported is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
FAQ
What insider transactions did ETOR director Santo Politi report on August 12, 2026?
Santo Politi reported in‑kind distributions of 3,559,007 and 23,280 ETOR Class A shares by Spark Capital II, L.P. and Spark Capital Founders' Fund II, L.P., plus Spark Capital Partners, LLC receiving and then selling 5,783 shares. He also reported 2,107 shares held directly afterward.
Were Santo Politi’s ETOR transactions made under a Rule 10b5-1 trading plan?
No Rule 10b5-1 trading plan is reported for these ETOR transactions. The document-level checkbox for such a plan is not marked as affirming that the reported trades occurred under a Rule 10b5-1 plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
