Enlight Renewable Energy (ENLT) VP sells shares after option exercise
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Enlight Renewable Energy VP and General Counsel Lisa Haimovitz exercised stock options for 946 ordinary shares at $19.87 per share and immediately handled the resulting shares. The company retained 200 shares to cover the option exercise price, and 746 shares were sold in an open-market transaction at $103.88 per share.
Following these transactions, Haimovitz directly holds 13,026 ordinary shares. Footnotes indicate 6,513 restricted share units that may convert into additional ordinary shares in future vesting dates, and 57,108 stock options remain outstanding after this exercise.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 746 shares ($77,494)
Net Sell
4 txns
Insider
Haimovitz Lisa
Role
VP, GENERAL COUNSEL
Sold
746 shs ($77K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options (right to buy) | 946 | $0.00 | -- |
| Exercise | Ordinary shares, NIS 0.1 par value per share | 946 | $19.87 | $19K |
| Tax Withholding | Ordinary shares, NIS 0.1 par value per share | 200 | $103.88 | $21K |
| Sale | Ordinary shares, NIS 0.1 par value per share | 746 | $103.88 | $77K |
Holdings After Transaction:
Stock Options (right to buy) — 57,108 shares (Direct, null);
Ordinary shares, NIS 0.1 par value per share — 13,972 shares (Direct, null)
Footnotes (1)
- Represents an exercise price of NIS 61.52, converted to U.S. dollars using the Bank of Israel representative exchange rate of $1.00 to NIS 3.096 as of March 18, 2026. Includes 6,513 restricted share units granted on April 21, 2024, with 3,256 vesting on April 24, 2027 and 3,257 vesting on April 24, 2028. Each restricted share unit represents a contingent right to receive one ordinary share of the Company. These shares were retained by the Company in payment of the exercise price of the employee stock options exercised by the Reporting Person. The amount retained by the Company was not in excess of the amount of the exercise price. Represents a transaction price of NIS 295.01, converted to U.S. dollars using the Bank of Israel representative exchange rate of $1.00 to NIS 2.840 as of the date immediately preceding the date of the transaction. Stock options were granted on April 24, 2023, with 52,500 having vested on April 24, 2026 and 22,500 vesting on April 24, 2027.
Key Figures
Open-market sale: 746 shares at $103.88
Option exercise: 946 shares at $19.87
Shares retained for exercise price: 200 shares
+5 more
8 metrics
Open-market sale
746 shares at $103.88
Ordinary shares sold on 2026-05-28
Option exercise
946 shares at $19.87
Stock options exercised on 2026-05-28
Shares retained for exercise price
200 shares
Shares retained by company to pay option exercise price
Shares held after transactions
13,026 shares
Direct ordinary share holdings after 2026-05-28
Remaining stock options
57,108 options
Stock options outstanding after exercise on 2026-05-28
Restricted share units
6,513 RSUs
Granted April 21, 2024; vesting in 2027 and 2028
NIS exercise price
NIS 61.52
Converted to $19.87 using $1.00=NIS 3.096 as of March 18, 2026
NIS transaction price
NIS 295.01
Converted to $103.88 using $1.00=NIS 2.840 before transaction date
Key Terms
restricted share units, exercise price, stock options, tax-withholding disposition, +1 more
5 terms
exercise price financial
"Represents an exercise price of NIS 61.52, converted to U.S. dollars using the Bank of Israel representative exchange rate..."
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.
stock options financial
"Stock options were granted on April 24, 2023, with 52,500 having vested on April 24, 2026 and 22,500 vesting on April 24, 2027."
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition", "transaction_code_description": "Payment of exercise price or tax liability by delivering securities""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Bank of Israel representative exchange rate financial
"converted to U.S. dollars using the Bank of Israel representative exchange rate of $1.00 to NIS 3.096 as of March 18, 2026."
FAQ
What did Enlight Renewable Energy (ENLT) insider Lisa Haimovitz do in this Form 4?
Lisa Haimovitz exercised stock options for 946 ordinary shares and sold 746 shares in an open-market transaction at $103.88 per share. The company also retained 200 shares to cover the option exercise price, reflecting a routine exercise-and-sell pattern.
What stock options did Lisa Haimovitz exercise in this Enlight Renewable Energy (ENLT) filing?
She exercised 946 stock options with an exercise price of $19.87 per share, converted from NIS using the Bank of Israel exchange rate. These options relate to a grant originally issued on April 24, 2023, with specified vesting tranches.
Does Lisa Haimovitz still hold derivatives or RSUs in Enlight Renewable Energy (ENLT)?
Yes. After the transactions, she has 57,108 stock options remaining and 6,513 restricted share units. The RSUs were granted April 21, 2024, and are scheduled to vest in two installments in 2027 and 2028, each into one ordinary share.