Yehuda Nir 4

What Happened
Yehuda Nir, Chief Financial Officer of Enlight Renewable Energy Ltd. (ENLT), sold a total of 6,945 ordinary shares in two open-market transactions. On May 12, 2026 he sold 5,796 shares at $92.83 each for $538,043 (price converted from NIS 270.03), and on May 13, 2026 he sold 1,149 shares at $93.23 each for $107,121 (price converted from NIS 271.21). Combined proceeds from the two sales were approximately $645,164. These were sales (S) rather than purchases.

Key Details

• Transaction dates and prices:
  • 2026-05-12: 5,796 shares @ $92.83 (F1 conversion from NIS 270.03) — $538,043
  • 2026-05-13: 1,149 shares @ $93.23 (F3 conversion from NIS 271.21) — $107,121
• Total shares sold: 6,945; total proceeds: ≈ $645,164.
• Shares owned after the transactions: Not specified in the provided excerpt of the filing.
• Notable footnotes:
  • F1/F3: Prices shown were converted from Israeli shekels (NIS) to USD using Bank of Israel rates.
  • F2/F4/F6/F7: The filing references various outstanding restricted share units and option grants and vesting schedules (informational); F7 notes some securities are reported for informational purposes only with no transaction effected.
  • F5 notes an exercise price for options in NIS (related to other equity awards), but these reported transactions are sales, not option exercises.
• Filing timeliness: Form 4 was filed May 14, 2026 (within the typical two-business-day reporting window for these May 12–13 transactions).

Context
Sales by insiders can reflect many reasons (cash needs, tax withholding, routine diversification) and do not by themselves indicate management’s view of company prospects. The filing includes details on outstanding RSUs and option grants; however, the Form 4 excerpt does not state why these particular shares were sold or whether they were related to vested awards or tax withholding.