Cohen Israeli Ayelet 4

What Happened Ayelet Cohen Israeli, VP of Operations at Enlight Renewable Energy (ENLT), conducted multiple transactions on June 1, 2026. She sold a total of 10,123 ordinary shares in open-market transactions at $108.50 per share (proceeds ≈ $1,098,346). She also exercised options and acquired 9,000 shares at an exercise price that converts to $23.22 per share (cost ≈ $208,980). Additionally, 2,127 shares were retained by the company to cover the exercise price/tax withholding (value ≈ $230,780). The filing also lists a 9,000-share derivative conversion shown at $0 that is included for informational purposes.

Key Details

• Transaction date: June 1, 2026 (Form 4 filed June 2, 2026 — timely filing).
• Open-market sales: 3,250 shares and 6,873 shares at $108.50 each (total ≈ $1,098,346).
• Option exercise: 9,000 shares acquired at $23.22 each (total paid ≈ $208,980).
• Shares withheld for exercise/taxes: 2,127 shares at $108.50 (≈ $230,780) — company retained these shares to satisfy withholding (footnote F4).
• A 9,000-share derivative entry at $0 is included for information only (see footnote F9).
• Currency conversions: $108.50 and exercise-price USD equivalents reflect conversions from NIS per the filing (see footnotes F1, F3, F5, F7).
• Grant/vesting context: filing includes details of RSU and option grant schedules (see footnotes F2, F6, F8).

Context This sequence shows an option exercise combined with immediate disposition/withholding: Cohen exercised options (cash paid ≈ $209k), some shares were withheld to cover exercise/taxes, and she sold other shares in the open market (realizing ≈ $1.10M). Exercises followed by sales or withholding are common administrative actions (cashless-style outcome) and don’t necessarily signal a directional view on the company. The filing appears timely (filed the next day).