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Enlight Renewable Energy Ltd.·4

May 27, 6:02 AM ET

Haimovitz Lisa 4

4 · Enlight Renewable Energy Ltd. · Filed May 27, 2026

Research Summary

AI-generated summary of this filing

Updated

Enlight Renewable (ENLT) VP/GC Lisa Haimovitz Exercises Options, Sells Shares

What Happened
Lisa Haimovitz, Vice President and General Counsel of Enlight Renewable Energy (ENLT), exercised a total of 14,000 stock options (7,000 on 2026-05-25 and 7,000 on 2026-05-26) at an exercise price of $19.87 per share (total exercise cost ~$278,180). To cover the exercise/tax obligations the company withheld 3,249 shares (1,685 on 5/25 and 1,564 on 5/26) valued at about $313,425. The remaining 10,751 shares were sold in open-market transactions (5,315 shares on 5/25 and 5,436 shares on 5/26) for combined proceeds of approximately $1,038,555.

Key Details

  • Transaction dates and prices:
    • 2026-05-25: Exercised 7,000 options @ $19.87 (acquired); 1,685 shares withheld @ $93.84; 5,315 shares sold @ $93.84.
    • 2026-05-26: Exercised 7,000 options @ $19.87 (acquired); 1,564 shares withheld @ $99.30; 5,436 shares sold @ $99.30.
    • The filing also shows related derivative entries (7,000 shares at $0.00) reflecting conversion/extinguishment of the derivative securities.
  • Aggregate activity: 14,000 options exercised; 3,249 shares withheld to cover exercise/taxes; 10,751 shares sold for ~ $1.04M.
  • Shares owned after transaction: not specified in this filing.
  • Notable footnotes: exercise price converted from NIS to USD (F1); some shares were retained by the company to cover exercise/taxes (F3); related option grant/vesting details noted (options granted 4/24/2023 with major vesting on 4/24/2026 per F6); restricted share unit grants and future vesting also disclosed (F2).
  • Filing timeliness: Report filed 2026-05-27 for transactions on 2026-05-25 and 5/26; appears to have been filed within the usual two-business-day window.

Context
This was a cashless exercise / sell-to-cover transaction: Haimovitz exercised vested options, had a portion of the shares withheld to satisfy exercise price/tax obligations, and sold the remainder in the open market. Such exercises and sell-to-cover transactions are common for employees and executives converting option holdings into cash; they are routine and do not by themselves indicate a change in company outlook.

Insider Transaction Report

Form 4
Period: 2026-05-25
Enlight Renewable Energy Ltd.ENLT
Haimovitz Lisa
VP, GENERAL COUNSEL
Transactions
  • Exercise/Conversion

    Ordinary shares, NIS 0.1 par value per share

    [F1][F2]
    2026-05-25$19.87/sh+7,000$139,090→ 20,026 total
  • Tax Payment

    Ordinary shares, NIS 0.1 par value per share

    [F3][F4][F2]
    2026-05-25$93.84/sh−1,685$158,120→ 18,341 total
  • Sale

    Ordinary shares, NIS 0.1 par value per share

    [F4][F2]
    2026-05-25$93.84/sh−5,315$498,760→ 13,026 total
  • Exercise/Conversion

    Ordinary shares, NIS 0.1 par value per share

    [F1][F2]
    2026-05-26$19.87/sh+7,000$139,090→ 20,026 total
  • Tax Payment

    Ordinary shares, NIS 0.1 par value per share

    [F3][F5][F2]
    2026-05-26$99.30/sh−1,564$155,305→ 18,462 total
  • Sale

    Ordinary shares, NIS 0.1 par value per share

    [F5][F2]
    2026-05-26$99.30/sh−5,436$539,795→ 13,026 total
  • Exercise/Conversion

    Stock Options (right to buy)

    [F1][F6]
    2026-05-25−7,000→ 61,608 total
    Exercise: $19.87Exp: 2028-09-30→ Ordinary shares, NIS 0.1 par value per share (7,000 underlying)
  • Exercise/Conversion

    Stock Options (right to buy)

    [F1][F6]
    2026-05-26−7,000→ 54,608 total
    Exercise: $19.87Exp: 2028-09-30→ Ordinary shares, NIS 0.1 par value per share (7,000 underlying)
Footnotes (6)
  • [F1]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.
  • [F2]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.
  • [F3]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.
  • [F4]Represents a transaction price of NIS 272.80, converted to U.S. dollars using the Bank of Israel representative exchange rate of $1.00 to NIS 2.907 as of the date immediately preceding the date of the transaction.
  • [F5]Represents a transaction price of NIS 283.90, converted to U.S. dollars using the Bank of Israel representative exchange rate of $1.00 to NIS 2.859 as of the date immediately preceding the date of the transaction.
  • [F6]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.
Signature
/s/ Helit Megido as attorney-in-fact for Lisa Haimovitz|2026-05-27

Documents

1 file
  • 4
    ownership.xmlPrimary