Haimovitz Lisa 4

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.