Haimovitz Lisa 4

What Happened
Lisa Haimovitz, Vice President and General Counsel of Enlight Renewable Energy (ENLT), exercised 435 stock options on May 14, 2026 (exercise price $19.87 per share, total cash needed $8,643) and immediately disposed of the resulting shares. Of the 435 shares from the exercise, 100 shares were retained by the company to cover the exercise price/tax obligations (value shown as $9,239) and 335 shares were sold in the open market at $92.39 each, generating $30,951. A derivative entry reports the option conversion/termination related to the exercise.

Key Details

• Transaction date: May 14, 2026; Form 4 filed May 18, 2026.
• Exercise: 435 shares at $19.87 per share (exercise cost ≈ $8,643). (Footnote F1: exercise price converted from NIS 61.52 using BOI rate on 3/18/2026.)
• Withholding: 100 shares retained by the company to cover exercise price/taxes (reported disposal value $9,239). (Footnote F3: retained shares were not in excess of the amount due.)
• Open-market sale: 335 shares sold at $92.39 per share, proceeds $30,951. (Footnote F4: sale price converted from NIS 268.67 using BOI rate.)
• Derivative reporting: a corresponding derivative entry shows the options were converted/terminated on exercise (code M).
• Shares owned after transaction: not specified in the provided summary of the filing.
• Related equity awards and vesting: filing notes prior RSU and option grants and vesting schedules (Footnotes F2, F5).

Context
This is effectively a cashless exercise / sell-to-cover: Haimovitz exercised vested options and used a portion of the issued shares to cover exercise/tax obligations while selling the remainder in the open market. Such transactions are common when insiders exercise vested options and do not necessarily indicate a change in their longer-term view of the company. The filing provides currency conversion details and vesting schedules for related awards.