David Fisher, Executive Chairman and Director of Enova International, Inc. (NYSE:ENVA), filed a Form 4 on October 29, 2026 reporting the exercise of stock options and sale of common stock on October 27 and October 28, 2026, pursuant to a Rule 10b5-1 trading plan.

Key Highlights

  • October 27 sale: Fisher disposed of 13,200 shares at a weighted average price of $171.7872, with individual trades ranging from $171.14 to $172.78.
  • October 28 sale: Fisher disposed of 9,957 shares at a weighted average price of $178.157, with individual trades ranging from $172.29 to $180.32.
  • Option exercises: Both sales were preceded by the exercise of Non-Qualified Stock Options with a limited SAR at an exercise price of $20.73 per share, coded as transaction type M.
  • Remaining direct ownership: Following both transactions, Fisher directly beneficially owned 306,444 shares of common stock.
  • Remaining derivative securities: After the two exercises, Fisher held 122,206 Non-Qualified Stock Options with limited SAR, expiring February 11, 2027.
  • Trading plan: Both sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Fisher on January 30, 2026.

Fisher Exercises Options and Sells Enova Shares Under 10b5-1 Plan

According to the filing, David Fisher, who serves as Executive Chairman and Director of Enova International, Inc., executed a series of transactions on October 27 and October 28, 2026. On each date, Fisher first exercised Non-Qualified Stock Options with a limited stock appreciation right (SAR) at an exercise price of $20.73 per share. On October 27, 13,200 options were exercised, and on October 28, 9,957 options were exercised. The filing notes that the options vested in substantially equal one-third increments on February 11, 2021, February 11, 2022, and February 11, 2023, and are set to expire on February 11, 2027.

Immediately following each exercise, Fisher sold the corresponding shares on the open market. The October 27 sale of 13,200 shares was executed across multiple trades at prices ranging from $171.14 to $172.78, with a reported weighted average price of $171.7872. The October 28 sale of 9,957 shares was executed across multiple trades at prices ranging from $172.29 to $180.32, with a reported weighted average price of $178.157. The filing states that both sales were effected pursuant to Fisher's Rule 10b5-1 trading plan, which was adopted on January 30, 2026.

The filing describes the limited SAR as exercisable only during the 30-day period following a "Change in Control" of the issuer, as defined in the related grant agreement, and only in connection with a qualifying tender offer, exchange offer, or asset purchase offer as specified in the filing. Following all reported transactions, Fisher directly held 306,444 shares of common stock and 122,206 remaining derivative securities of the same option series.

What Was Disclosed

David Fisher, Executive Chairman of Enova International, Inc. (NYSE:ENVA), reported the exercise of stock options and the sale of a combined 23,157 shares of common stock on October 27 and October 28, 2026, under a pre-established Rule 10b5-1 plan, leaving him with direct ownership of 306,444 shares.