| FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). | |||||||||||||||||
| Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. | |||||||||||||||||
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
Enlight Renewable Energy Ltd. [ ENLT ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 05/12/2026 | ||||||||||||||||||||||||||
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4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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| 1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
| Code | V | Amount | (A) or (D) | Price | ||||||
| Ordinary shares, NIS 0.1 par value per share | 05/12/2026 | S | 5,796 | D | $92.83(1) | 36,749(2) | D | |||
| Ordinary shares, NIS 0.1 par value per share | 05/13/2026 | S | 1,149 | D | $93.23(3) | 35,600(4) | D | |||
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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| 1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Stock Options (right to buy) | $27.33(5) | (6) | 10/01/2032 | Ordinary shares, NIS 0.1 par value per share | 98,743(6)(7) | 98,743(6)(7) | D | ||||||||
| Explanation of Responses: |
| 1. Represents a transaction price of NIS 270.03, converted to U.S. dollars using the Bank of Israel representative exchange rate of $1.00 to NIS 2.909 as of the date immediately preceding the date of the transaction. |
| 2. Consists of (i) 15,039 restricted share units granted on April 21, 2024, with 1,149 having vesting on April 21, 2026, and 6,945 vesting on each of April 21, 2027 and April 21, 2028; and (ii) 21,710 restricted share units granted on October 1, 2025, with 5,427 vesting on October 1, 2026, 5,428 vesting on October 1, 2027, 5,427 vesting on October 1, 2028 and 5,428 vesting on October 1, 2029. Each restricted share unit represents a contingent right to receive one ordinary share of the Company. |
| 3. Represents a transaction price of NIS 271.21, converted to U.S. dollars using the Bank of Israel representative exchange rate of $1.00 to NIS 2.909 as of the date immediately preceding the date of the transaction. |
| 4. Consists of (i) 13,890 restricted share units granted on April 21, 2024, with 6,945 vesting on each of April 21, 2027 and April 21, 2028; and (ii) 21,710 restricted share units granted on October 1, 2025, with 5,427 vesting on October 1, 2026, 5,428 vesting on October 1, 2027, 5,427 vesting on October 1, 2028 and 5,428 vesting on October 1, 2029. Each restricted share unit represents a contingent right to receive one ordinary share of the Company. |
| 5. Represents an exercise price of NIS 84.60, converted to U.S. dollars using the Bank of Israel representative exchange rate of $1.00 to NIS 3.096 as of March 18, 2026. |
| 6. Stock options were granted on October 1, 2025, with 24,685 vesting on October 1, 2026 and 24,686 vesting on each of October 1, 2027, October 1, 2028 and October 1, 2029. |
| 7. No transaction has been effected by the Reporting Person with respect to these securities, and they are being included in this Form 4 for informational purposes only. |
| /s/ Helit Megido as attorney-in-fact for Nir Yehuda | 05/14/2026 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||