Rahilly Sean 4
4 · Enova International, Inc. · Filed Feb 13, 2026
Research Summary
AI-generated summary of this filing
Enova (ENVA) General Counsel Sean Rahilly Receives Stock Awards
What Happened
- Sean Rahilly, General Counsel and Secretary of Enova International, was granted two awards on February 11, 2026: 3,174 restricted stock units (RSUs) and 2,039 derivative units (a limited stock appreciation right paired with an employee stock option). Both grants are reported at $0 acquisition price (standard for equity awards where no cash changed hands).
- The RSUs vest in four substantially equal annual installments (Feb 11, 2027; Feb 11, 2028; Feb 11, 2029; Feb 11, 2030). The paired SAR and option vest in three substantially equal annual installments (Feb 11, 2027; Feb 11, 2028; Feb 11, 2029).
Key Details
- Transaction date: 2026-02-11; Filing date: 2026-02-13 (filed within normal 2‑business‑day window).
- Awarded: 3,174 RSUs (recorded as acquisition code A) and 2,039 derivative units (A; SAR/option).
- Reported acquisition price/value: $0 (typical for employer equity grants).
- Shares/units owned after transaction: not specified in the provided filing excerpt.
- Notable footnotes: RSU vesting schedule (one-fourth yearly through 2030); SAR and option granted in tandem—exercising one cancels the other; SAR exercisable only after a Change in Control and pays an amount based on a 30‑day average “Offer Value Per Share” and only if a qualifying Offer occurs.
Context
- These are compensation awards (not open‑market purchases or sales) and therefore are routine executive equity grants used for retention/compensation rather than immediate market bets. The SAR/option structure means value to the grantee depends on a future change‑of‑control or qualifying offer; options are time‑based and subject to vesting.
Insider Transaction Report
Form 4
Rahilly Sean
General Counsel and Secretary
Transactions
- Award
Common stock, par value $0.00001 per share
[F1]2026-02-11+3,174→ 97,949 total - Award
Non-Qualified Stock Option (right to buy) with limited SAR
[F2][F3][F4]2026-02-11+2,039→ 2,039 totalExercise: $157.79Exp: 2033-02-11→ Common stock; par value $0.00001 per share (2,039 underlying)
Footnotes (4)
- [F1]This transaction reflects a grant of restricted stock units that shall vest in substantially equal one-fourth increments on each of the following dates as long as grantee serves as an employee of the Issuer or an affiliate thereof through the applicable vesting date: February 11, 2027, February 11, 2028, February 11, 2029 and February 11, 2030.
- [F2]The limited stock appreciation right ("SAR") and employee stock option were granted in tandem. Accordingly, the exercise of one results in the expiration of the other. The SAR may be exercised only during the period beginning on the first day following the date that a "Change in Control" of Issuer occurs (as defined in the related grant agreement) and ending on the thirtieth day following such date. Upon exercise, the grantee shall be able to receive an amount equal to the product computed by multiplying (i) the excess of the "Offer Value Per Share" over the exercise price of the underlying option by (ii) the number of shares with respect to which the SAR is being exercised; provided, that such amount shall only be payable in the event an "Offer" is made.
- [F3]The "Offer Value Per Share" means the average selling price of Issuer's common stock during the period of 30 days ending on the date on which the SAR is exercised. "Offer" means any tender offer or exchange offer for outstanding shares of Issuer representing at least 30% of the total voting power of the stock of Issuer, or an offer to purchase assets from Issuer that have a total gross fair market value equal to or more than 40% of the total gross fair market value of all of the assets of Issuer, other than an offer made by Issuer.
- [F4]The options shall vest in substantially equal one-third increments on each of the following dates as long as grantee serves as an employee of Issuer or an affiliate thereof through the applicable vesting date: February 11, 2027, February 11, 2028 and February 11, 2029.
Signature
/s/ Sean Rahilly|2026-02-13