A recent SEC Form 4 filing disclosed that Yair Seroussi, Vice Chairman of the Board at Enlight Renewable Energy, completed a series of equity-related transactions involving stock options and ordinary shares. The filing shows that Seroussi exercised stock options covering 16,000 ordinary shares on May 28, 2026, at an exercise price of approximately $23.22 per share.
As part of the transaction process, 3,964 shares were retained by the company to satisfy the option exercise cost. Following the option conversion, Seroussi sold 12,036 ordinary shares in an open-market transaction at an average price of $102.24 per share, generating proceeds of roughly $1.23 million.
Sale Follows Option Exercise
The filing indicates that the share sale was directly connected to the exercised options. After converting the options into common shares, a portion of the resulting holdings was sold on the market while another portion was used to cover the exercise price. Such transactions are common among executives who choose to monetize part of their vested equity awards while maintaining an ownership position in the company.
Although the transaction resulted in a reduction of shares held after the exercise and sale, Seroussi continues to maintain direct ownership in Enlight Renewable Energy. According to the filing, he holds 30,233 ordinary shares following the reported transactions.
Significant Equity Exposure Remains
Beyond his direct share ownership, Seroussi retains substantial exposure to the company through outstanding equity awards. The filing lists performance-based restricted stock units (RSUs) tied to 11,339 underlying shares as well as stock options covering 51,574 additional shares. Those options carry an exercise price of approximately $27.33 per share and are scheduled to expire in October 2032.
The performance-based RSUs are tied to company financial targets, including revenue, income, and adjusted EBITDA goals, and vest over multiple years if specified performance conditions are met.
Key Takeaway
The SEC filing reflects a routine insider transaction in which Enlight Renewable Energy’s vice chairman exercised vested stock options and sold a portion of the resulting shares. While the transaction generated over $1.2 million in sale proceeds, Seroussi continues to hold ordinary shares, stock options, and performance-based awards, preserving a meaningful financial interest in the company’s future performance.
