eToro (ETOR) director Avner Stepak receives 9,270 RSUs vesting through 2028
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Stepak Avner reported acquisition or exercise transactions in this Form 4 filing.
eToro Group Ltd. director Avner Stepak reported an equity compensation grant of 9,270 Class A common shares in the form of restricted stock units (RSUs). These RSUs vest over three years: 50% on August 28, 2026, 25% on August 28, 2027 and 25% on August 28, 2028, contingent on his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Stepak Avner
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A common shares | 9,270 | $0.00 | -- |
Holdings After Transaction:
Class A common shares — 9,270 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 9,270 shares
Post-transaction holdings: 9,270 shares
Grant price: $0.0000 per share
+3 more
6 metrics
RSU grant size
9,270 shares
Class A common shares underlying RSUs granted to director
Post-transaction holdings
9,270 shares
Total Class A common shares reported following the grant
Grant price
$0.0000 per share
Reported price per share for RSU grant (compensation award)
First vesting tranche
50% on August 28, 2026
Half of RSUs vest on this date, subject to continued service
Second vesting tranche
25% on August 28, 2027
Quarter of RSUs vest on this date, service-based
Final vesting tranche
25% on August 28, 2028
Remaining RSUs vest on this date, service-based
Key Terms
restricted stock units ("RSUs"), vest, contingent right, Class A common shares
4 terms
restricted stock units ("RSUs") financial
"The Reporting Person was granted restricted stock units ("RSUs"), each of which represents a contingent right to receive one Class A common shares"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
vest financial
"The RSUs vest over a period of three years: 50% vest on August 28,2026, 25% vest on August 28, 2027 and 25% vest on August 28, 2028"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
contingent right financial
"each of which represents a contingent right to receive one Class A common shares of eToro Group Ltd."
FAQ
What insider transaction did eToro (ETOR) director Avner Stepak report?
Avner Stepak reported receiving 9,270 Class A common shares as restricted stock units (RSUs). The grant is equity compensation, not an open-market purchase, and represents a contingent right to receive shares as the units vest over time.
What is the vesting schedule of Avner Stepak’s RSUs at eToro (ETOR)?
The RSUs vest in three tranches: 50% on August 28, 2026, 25% on August 28, 2027, and 25% on August 28, 2028. Each vesting date requires Avner Stepak to remain in service with eToro or its subsidiaries through that date.
What does Avner Stepak’s post-transaction eToro (ETOR) holding show?
After the reported grant, the Form 4 lists 9,270 Class A common shares as beneficially owned in this award. These are tied to RSUs that convert into shares only as they vest, so the economic benefit is spread over the three-year vesting period.