Executive Chairman David Fisher sells 28,500 ENVA shares ($6.6M) via scheduled 10b5-1 plan; retains 306,444 non-derivative shares plus 380,858 options
David Fisher executed 2 separate scheduled sales totaling 28,500 shares for $6,597,325.02 at a blended average price of $231.49 under a pre-arranged 10b5-1 trading plan, reducing his non-derivative holding from 334,944 to 306,444 shares. This represents a reduction of 8.5% of pre-transaction non-derivative holdings, though Fisher retains 380,858 derivative shares (Non-Qualified Stock Options) that constitute his material remaining position at the company. The sales occurred against a backdrop of strong recent momentum—the stock has advanced 21.5% over 30 days and 44.7% over 90 days—and solid fundamentals including $875.1M quarterly revenue, $91.1M net income, and 18.6% annual revenue growth. As a scheduled transaction under 10b5-1, the timing was predetermined rather than discretionary, and Fisher's cross-ticker track record shows 20 prior sells with an average 90-day return of 6.7%, while his ENVA-specific prior 4 measurable sales have posted mixed results ranging from -9.7% to +27.8% over 30 days.