Haimovitz Lisa 4
4 · Enlight Renewable Energy Ltd. · Filed Jun 1, 2026
Research Summary
AI-generated summary of this filing
Enlight Renewable (ENLT) GC Lisa Haimovitz Exercises Options, Sells Shares
What Happened
- Lisa Haimovitz, Vice President and General Counsel of Enlight Renewable Energy Ltd. (ENLT), exercised 946 stock options on May 28, 2026 at an effective exercise price of $19.87 per share (total cost $18,797). On the same day, 200 of those shares were retained by the company to cover the exercise price/taxes (value $20,776) and the remaining 746 shares were sold in the open market at $103.88 per share (proceeds $77,494). In total, 946 shares were disposed for roughly $98,270 in proceeds; net cash (proceeds minus exercise cost) was about $79,473 before fees/taxes.
Key Details
- Transaction date: May 28, 2026; Form 4 filed June 1, 2026 (timely filing).
- Exercise: 946 shares at $19.87 each (exercise price converted from NIS 61.52 per F1) — total $18,797.
- Withholding: 200 shares retained by the company to cover exercise price/taxes (value reported $20,776) — F3 notes the company retained shares to pay the exercise price.
- Open-market sale: 746 shares sold at $103.88 per share (transaction price converted from NIS 295.01 per F4) — proceeds $77,494.
- Shares owned after transaction: not specified in the provided filing data.
- Relevant footnotes: F1 (NIS→USD conversion for exercise price), F3 (company retained shares to pay exercise price), F4 (NIS→USD conversion for sale price), F2 and F5 describe prior RSU and option grants and vesting schedules (RSUs granted Apr 21, 2024; options granted Apr 24, 2023 with major vesting Apr 24, 2026).
Context
- This was an option exercise followed by immediate partial/total sale (a cashless-style outcome): the reporting person exercised options and sold the shares the same day, with some shares withheld to satisfy exercise/tax obligations. Such transactions are common for employees realizing value from vested options and do not by themselves indicate a change in company outlook.
Insider Transaction Report
Form 4
Haimovitz Lisa
VP, GENERAL COUNSEL
Transactions
- Exercise/Conversion
Ordinary shares, NIS 0.1 par value per share
[F1][F2]2026-05-28$19.87/sh+946$18,797→ 13,972 total - Tax Payment
Ordinary shares, NIS 0.1 par value per share
[F3][F4][F2]2026-05-28$103.88/sh−200$20,776→ 13,772 total - Sale
Ordinary shares, NIS 0.1 par value per share
[F4][F2]2026-05-28$103.88/sh−746$77,494→ 13,026 total - Exercise/Conversion
Stock Options (right to buy)
[F1][F5]2026-05-28−946→ 57,108 totalExercise: $19.87Exp: 2028-09-30→ Ordinary shares, NIS 0.1 par value per share (946 underlying)
Footnotes (5)
- [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 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.
- [F5]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|2026-06-01