Ben-Avi David 4

What Happened

• Ben‑Avi David, CTO, Co‑Founder and Director of Nayax Ltd. (NYSE: NYAX), reported two open‑market sales: 13,596 shares on 2026‑05‑28 at a weighted avg price of $74.93 ($1,018,748) and 16,590 shares on 2026‑05‑29 at a weighted avg price of $76.48 ($1,268,803). Total shares sold: 30,186 for about $2,287,551. These were sales (not purchases or option exercises).

Key Details

• Transaction dates and prices:
  • 2026‑05‑28: 13,596 shares @ $74.93 — $1,018,748
  • 2026‑05‑29: 16,590 shares @ $76.48 — $1,268,803
• Total sold: 30,186 shares for ≈ $2,287,551.
• Filing: Form 4 filed 2026‑06‑01 (reports the May 28–29 transactions).
• Shares owned after transaction: Not disclosed in this filing.
• Footnote: Reported prices are weighted averages; the sales occurred on the Tel Aviv Stock Exchange in Israeli shekels (ILS) and were converted to USD using the exchange rate on each transaction date. The reporting person will provide per‑trade price details upon request.
• Transaction type: S = Sale (routine insider sale; no exercise/award reported).

Context

• Sales are less informative than purchases about insider confidence; this Form 4 documents disposition of existing shares rather than acquisition or option exercise. No 10b5‑1 plan, tax‑withholding, or late‑filing flag is indicated in the filing.