Cunningham Steven E 4

What Happened

• Steven E. Cunningham, Chief Executive Officer of Enova International (ENVA), exercised stock options to acquire 3,696 shares (exercise price $31.98; cash paid $118,198) and sold shares in open-market transactions the same day.
• On 2026-04-28 Cunningham sold 3,696 shares acquired via option exercise at $175.50 for $648,648, and separately sold 4,156 existing shares at $175.50 for $729,378. Total reported gross sale proceeds were $1,378,026. A related derivative entry for 3,696 shares was reported with $0 proceeds (see footnotes).

Key Details

• Transaction date: April 28, 2026. Filing date: April 30, 2026 (filed within the SEC two-business-day Form 4 requirement).
• Option exercise: 3,696 shares exercised at $31.98 per share (total exercise cost $118,198).
• Sales: 3,696 shares sold at $175.50 ($648,648) and 4,156 shares sold at $175.50 ($729,378).
• Total shares sold: 7,852; total gross sale proceeds: $1,378,026.
• Post-transaction holdings: Not provided in the summary data; see the full Form 4 for Cunningham’s total ownership after these transactions.
• Footnotes: The filing notes a limited stock appreciation right (SAR) and employee stock option were granted in tandem; exercising one causes the other to expire. An SAR-related line shows $0 proceeds in this filing (no cash paid), consistent with the tandem grant mechanics. The options vested in roughly equal thirds on Feb 2, 2023; Feb 3, 2024; and Feb 3, 2025.

Context

• This appears to be a cashless-style transaction for the exercised options: Cunningham paid the exercise price to acquire 3,696 shares and immediately sold those shares in the open market the same day.
• Sales by executives can be routine (liquidity, tax obligations, diversification) and do not by themselves indicate a change in company outlook. No 10b5-1 plan or other prearranged plan was disclosed in the provided data.