STOCK TITAN

Director Eddy Shalev entity sells 100K eToro Group (ETOR) shares

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

eToro Group Ltd. director Eddy Shalev reported an indirect open-market sale of 100,000 Class A common shares on May 14, 2026, effected through Levera S.A. at a weighted average price of $41.2582 per share.

Following this transaction, the Levera S.A. holding associated with Shalev stands at 296,779 Class A common shares. The footnote explains that the reported price is a weighted average and that full trade-by-trade price and share details are available upon request.

Positive

  • None.

Negative

  • None.
Insider Eddy Shalev
Role null
Sold 100,000 shs ($4.13M)
Type Security Shares Price Value
Sale Class A common shares 100,000 $41.2582 $4.13M
Holdings After Transaction: Class A common shares — 296,779 shares (Indirect, By Levera S.A.)
Footnotes (1)
  1. [object Object]
Shares sold 100,000 shares Class A common shares sold on May 14, 2026
Weighted average sale price $41.2582/share Open-market sale through Levera S.A.
Shares held after transaction 296,779 shares Indirect holdings by Levera S.A. following sale
open-market sale financial
"The transaction is described as an open-market sale of Class A common shares."
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average price financial
"The footnote explains the reported figure 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.
indirect ownership financial
"Ownership is coded as indirect with nature of ownership listed as By Levera S.A."
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Eddy Shalev

(Last)(First)(Middle)
17 ARLOZOROV ST

(Street)
TEL AVIV6248906

(City)(State)(Zip)

ISRAEL

(Country)
2. Issuer Name and Ticker or Trading Symbol
eToro Group Ltd. [ ETOR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/14/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A common shares05/14/2026S100,000D$41.2582(1)296,779IBy Levera S.A.
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
Eddy Shalev by: Oppenheimer Israel, as Attorney-in-fact05/18/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did eToro (ETOR) director Eddy Shalev report?

Director Eddy Shalev reported an indirect open-market sale of 100,000 eToro Class A common shares. The sale was conducted through Levera S.A., an associated entity, and is disclosed as a routine Form 4 insider transaction with remaining holdings reported afterward.

At what price were the 100,000 eToro (ETOR) shares sold in the Form 4?

The 100,000 eToro Class A common shares were sold at a weighted average price of $41.2582 per share. The filing notes this average reflects multiple trades and that detailed price and size breakdowns are available from the reporting person upon request.

How many eToro (ETOR) shares does the entity linked to Eddy Shalev hold after the sale?

After the reported sale, Levera S.A., the entity associated with director Eddy Shalev, holds 296,779 eToro Class A common shares. This figure reflects the position following the 100,000-share open-market disposition reported in the Form 4 filing.

Is the Eddy Shalev eToro (ETOR) Form 4 transaction direct or indirect ownership?

The Form 4 reports the transaction as indirect ownership, coded "I" for indirect. The shares are held by Levera S.A., and the nature of ownership line explicitly states "By Levera S.A.," linking the holding to that entity rather than direct personal ownership.

What does the weighted average price mean in the eToro (ETOR) Form 4 footnote?

The weighted average price of $41.2582 means the 100,000 shares were sold in multiple trades at different prices. The filing states this is an average and that complete trade-level price and share information will be provided by the reporting person upon request.