eToro Group (NASDAQ: ETOR) CFO granted 60,000 share options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
eToro Group Ltd. reported that CFO Shani Meron received a grant of options to purchase 60,000 Class A common shares. The options carry an exercise price of $32.35 per share and expire on April 27, 2036.
According to the vesting schedule, 25% of the options vest on July 1, 2027, with the remaining 75% vesting in equal quarterly installments through July 1, 2030, subject to continued service. Following this award, Meron holds options for 60,000 shares from this grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Shani Meron
Role
CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Options to purchase Class A common shares | 60,000 | $0.00 | -- |
Holdings After Transaction:
Options to purchase Class A common shares — 60,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Options granted: 60,000 options
Exercise price: $32.35 per share
Initial vesting: 25% on July 1, 2027
+3 more
6 metrics
Options granted
60,000 options
Grant of options to purchase Class A common shares
Exercise price
$32.35 per share
Exercise price of options granted to CFO
Initial vesting
25% on July 1, 2027
First vesting tranche of CFO option grant
Remaining vesting period
75% through July 1, 2030
Remaining options vest quarterly until July 1, 2030
Expiration date
April 27, 2036
Expiration of CFO option grant
Options held from this grant
60,000 options
Total options following the reported transaction
Key Terms
Options to purchase Class A common shares, exercise price, vesting, expiration date, +1 more
5 terms
exercise price financial
"conversion_or_exercise_price: 32.3500 per share"
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.
vesting financial
"twenty-five percent (25%) of which shall vest on July 1, 2027"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
expiration date financial
"expiration_date: 2036-04-27T00:00:00.000Z"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What did eToro (ETOR) CFO Shani Meron receive in this Form 4 filing?
CFO Shani Meron received options to purchase 60,000 Class A common shares of eToro Group Ltd. These are compensation-related derivative awards rather than open-market share purchases or sales, and they give the right to buy shares at a fixed exercise price in the future.
What is the exercise price of the options granted to the eToro (ETOR) CFO?
The options granted to the CFO have an exercise price of $32.35 per share. This means Meron can buy eToro’s Class A common shares at $32.35 once the options vest, regardless of the market price at that time, subject to the vesting schedule.
How do the 60,000 eToro (ETOR) CFO options vest over time?
The 60,000 options vest gradually. 25% vest on July 1, 2027, and the remaining 75% vest in equal quarterly installments through July 1, 2030. Vesting is conditioned on the CFO’s continued service with eToro or its subsidiaries.
When do the options granted to the eToro (ETOR) CFO expire?
The options granted to the CFO expire on April 27, 2036. After this expiration date, any unexercised options become worthless, so they must be exercised between vesting and that expiration date if the holder wants to purchase the underlying shares.