Ber Hedva 4
4 · eToro Group Ltd. · Filed Jun 2, 2026
Research Summary
AI-generated summary of this filing
eToro (ETOR) Global COO Ber Hedva Exercises Options, Sells 55,160 Shares
What Happened
Ber Hedva, Global COO & Deputy CEO of eToro Group Ltd. (ETOR), exercised a mix of stock options on June 1, 2026 and immediately sold the resulting shares. The filing shows option exercises totaling 55,160 shares (exercises at $17.50 and $15.00 strike prices), with reported cash paid ≈ $935,300 for the exercises. The same day she sold 55,160 shares in an open-market transaction at a weighted average price of $41.90, generating gross proceeds of about $2,311,358.
Key Details
- Transaction date: June 1, 2026; Form 4 filed June 2, 2026 (timely — within required reporting window).
- Option exercises (selected lines): 20,660 shares @ $17.50; 22,500 shares @ $17.50; 6,000 shares @ $15.00; 6,000 shares @ $15.00. Total cash paid ≈ $935,300.
- Sale: 55,160 shares sold @ $41.90 (weighted avg) for ~$2,311,358. The filing notes the sale price is a weighted average and more detail can be provided on request.
- Footnotes: sales were effected pursuant to a Rule 10b5-1 trading plan adopted Sept 2, 2025; exercises included both Class A and Class B option types (Class B convert to Class A on exercise); several derivative lines with $0 reflect conversion/bookkeeping.
- Shares owned after transaction: not specified in the provided data.
Context
- This was an option exercise followed by an immediate sale (commonly a sell-to-cover/cashless-style transaction): insider exercised options, paid the strike amount, and sold the resulting shares the same day.
- The sale was executed under a pre-established 10b5-1 plan, which is a pre-authorized trading arrangement and tends to indicate the sale was pre-planned rather than a spontaneous market-timing decision.
- The filing is factual reporting of insider activity and does not by itself indicate management’s view of the company’s prospects.
Insider Transaction Report
Form 4
eToro Group Ltd.ETOR
Ber Hedva
Global COO & Deputy CEO
Transactions
- Exercise/Conversion
Class A common shares
[F1]2026-06-01$17.50/sh+20,660$361,550→ 20,660 total - Exercise/Conversion
Class A common shares
[F1]2026-06-01$15.00/sh+6,000$90,000→ 26,660 total - Exercise/Conversion
Class A common shares
[F2]2026-06-01$17.50/sh+22,500$393,750→ 49,160 total - Exercise/Conversion
Class A common shares
[F2]2026-06-01$15.00/sh+6,000$90,000→ 55,160 total - Sale
Class A common shares
[F3][F4][F5]2026-06-01$41.90/sh−55,160$2,311,358→ 0 total - Exercise/Conversion
Options to purchase Class A common shares
[F6]2026-06-01−20,660→ 0 totalExercise: $17.50From: 2022-03-01Exp: 2031-05-13→ Class A common shares (20,660 underlying) - Exercise/Conversion
Options to purchase Class A common shares
[F6]2026-06-01−6,000→ 3,000 totalExercise: $15.00From: 2023-08-01Exp: 2032-07-25→ Class A common shares (6,000 underlying) - Exercise/Conversion
Options to purchase Class B common shares
[F7]2026-06-01−22,500→ 0 totalExercise: $17.50From: 2022-03-01Exp: 2031-05-13→ Class B common shares (22,500 underlying) - Exercise/Conversion
Options to purchase Class B common shares
[F7]2026-06-01−6,000→ 3,000 totalExercise: $15.00From: 2023-08-01Exp: 2032-07-25→ Class B common shares (6,000 underlying)
Footnotes (7)
- [F1]Represents exercise of options to acquire Class A Common shares, followed by the immediate sale of such shares.
- [F2]Represents exercise of options to acquire Class B shares, which upon exercise convert into Class A common shares, followed by the immediate sale of such shares.
- [F3]The sales reported on this Form 4 were effectuated pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 2, 2025
- [F4]The shares sold were acquired upon the exercise of stock options on the same date
- [F5]The price reported is a weighted average price. The reporting person undertakes to provide full information, regarding the number of shares and prices at which the transaction was effectuated, upon request.
- [F6]Represents exercise of options to acquire Class A Common shares, followed by the immediate sale of such shares as reported in Table I.
- [F7]Represents exercise of options to acquire Class B shares, which upon exercise convert into Class A common shares, followed by the immediate sale of such shares as reported in Table I.
Signature
/s/ Meirav Shemesh on behalf of Oppenheimer Israel, as Attorney-in-fact|2026-06-02