Sec Form 3 Filing - Leviatan Adi @ Enlight Renewable Energy Ltd. - 2026-03-18

Insider filing report for Changes in Beneficial Ownership
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FORM 3
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Leviatan Adi
2. Issuer Name and Ticker or Trading Symbol
Enlight Renewable Energy Ltd. [ ENLT]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
CHIEF EXECUTIVE OFFICER
(Last) (First) (Middle)
C/O ENLIGHT RENEWABLE ENERGY LTD., 13 AMAL ST. AFEK INDUSTRIAL PARK
3. Date of Earliest Transaction (MM/DD/YY)
03/18/2026
(Street)
ROSH HA'AYIN4809249
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 31,561 ( 1 ) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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 of Derivative Security: 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 ( 3 ) ( 2 ) 01/10/2032 Ordinary shares, NIS 0.1 par value per share 143,553 D
Performance-Based RSUs ( 4 ) ( 4 ) ( 4 ) Ordinary shares, NIS 0.1 par value per share 31,561 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Leviatan Adi
C/O ENLIGHT RENEWABLE ENERGY LTD.
13 AMAL ST. AFEK INDUSTRIAL PARK
ROSH HA'AYIN4809249
X CHIEF EXECUTIVE OFFICER
Signatures
/s/ Helit Megido as attorney-in-fact for Adi Leviatan 03/18/2026
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Consists of 31,561 restricted share units granted on October 1, 2025, with 7,890 vesting on each of October 1, 2026, October 1, 2027, and October 1, 2028, and 7,891 vesting on October 1, 2029. Each restricted share unit represents a contingent right to receive one ordinary share of the Company.
( 2 )Stock options were granted on October 1, 2025, with 35,888 vesting on each of October 1, 2026, October 1, 2027, and October 1, 2028, and 35,889 vesting on October 1, 2029.
( 3 )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.
( 4 )Performance-based RSUs ("PSUs") were granted on October 1, 2025 and vest in four annual tranches: 7,890 on each of October 1, 2026, 2027, and 2028, and 7,891 on October 1, 2029, subject to continued service as an office holder and achievement of performance metrics for the preceding calendar year. The metrics, Total Income and Revenues, and Adjusted EBITDA (each as reported in the Company's Annual Report on Form 20-F), are measured against the midpoint of the Company's forecast published at the start of the applicable performance year. Achievement of 90% of the target yields 50% vesting for that metric's portion of the tranche, with linear interpolation for achievement between 90% and 100%. Metrics are weighted equally and evaluated independently; overperformance in one cannot offset the other. Each PSU represents a contingent right to receive one ordinary share of the Company upon vesting.

Remarks:
Exhibit List: Exhibit 24 - Power of Attorney by Adi Leviatan

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