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eToro (ETOR) director Avner Stepak receives 9,270 RSUs vesting through 2028

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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

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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)
  1. [object Object]
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
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."
Class A common shares financial
"each of which represents a contingent right to receive one Class A common shares of eToro Group Ltd."
A Class A common share is a specific type of ordinary company share that represents an ownership stake and usually carries particular voting rights or payout priorities compared with other share classes. For investors it matters because those differences affect how much influence you have over company decisions, how dividends or liquidation proceeds might be distributed, and how easily the shares trade — like choosing between car models where one has extra features (more control) and another focuses on price or availability (liquidity).
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*
Stepak Avner

(Last)(First)(Middle)
1 JABOTINSKY ST.

(Street)
BNEI BRAK00000

(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)
04/27/2026
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 shares04/27/2026A(1)9,270A$09,270D
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 Reporting Person was granted restricted stock units ("RSUs"), each of which represents a contingent right to receive one Class A common shares of eToro Group Ltd. 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, subject to the Reporting Person's continued service to the Company or its subsidiaries through each vesting date.
Avner Stepak by: Oppenheimer Israel, as Attorney-in-fact04/29/2026
** 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 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.

How many eToro (ETOR) shares are involved in Avner Stepak’s Form 4?

The Form 4 shows 9,270 Class A common shares tied to a grant of restricted stock units (RSUs). These shares are not all immediately issued; they become deliverable only as the RSUs vest according to the disclosed schedule over three years.

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.

Did Avner Stepak buy or sell eToro (ETOR) shares on the open market?

The filing reflects a grant of restricted stock units, not an open-market trade. The transaction code “A” denotes a grant or award acquisition, with a reported price per share of $0.0000, indicating compensation rather than a purchase or sale in the market.

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.