Ber Hedva 4

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.