Stepak Avner 4

What Happened

• Avner Stepak, a director of eToro Group Ltd. (ETOR), received a grant of 9,270 restricted stock units (RSUs) on 2026-04-27. The Form 4 reports the acquisition price as $0.00 (typical for RSU awards), meaning no cash was paid by the insider at grant.
• These RSUs are a contingent right to receive one Class A common share per unit upon vesting; they do not represent immediate share ownership or a market buy/sell.

Key Details

• Transaction date and type: 2026-04-27 — Award/Grant (code A) of 9,270 RSUs at $0.00.
• Vesting schedule (per filing footnote): 50% vest on Aug 28, 2026; 25% on Aug 28, 2027; 25% on Aug 28, 2028, subject to continued service.
• Shares owned after transaction: not disclosed in this filing.
• Filing timeliness: Form 4 filed 2026-04-29 for a 2026-04-27 transaction — appears timely (within required reporting window).
• Footnote context: RSUs convert to Class A common shares only upon vesting; any tax withholding or share delivery will occur at vesting per company policies (not detailed in this filing).

Context

• RSU grants are common compensation for executives and directors; they indicate future potential ownership if service and vesting conditions are met, but are not the same as an outright purchase.
• Because the units vest over time and are contingent on continued service, this award does not reflect an immediate bullish purchase by the insider. The ultimate value will depend on eToro’s Class A share price at each vesting date.