Ben-Avi David 4/A
4/A · Nayax Ltd. · Filed Jun 4, 2026
Research Summary
AI-generated summary of this filing
Nayax (NYAX) CTO Ben‑Avi David Sells Shares
What Happened
- Ben‑Avi David, CTO, co‑founder and director of Nayax Ltd., sold a total of 28,770 ordinary shares in two open‑market transactions on the Tel Aviv Stock Exchange in late May 2026. He sold 12,180 shares on May 28 at a weighted average price of $74.94 for proceeds of $912,769, and 16,590 shares on May 29 at a weighted average price of $76.48 for proceeds of $1,268,803 — about $2.18 million total. These were sales (not purchases or option exercises).
Key Details
- Transaction dates and prices:
- 2026‑05‑28: 12,180 shares sold @ $74.94 (weighted average) — $912,769
- 2026‑05‑29: 16,590 shares sold @ $76.48 (weighted average) — $1,268,803
- Total shares sold: 28,770; total proceeds ≈ $2,181,572.
- Footnote: Reported prices are weighted averages in ILS converted to USD; the filer can provide per‑trade price details on request.
- Filing timeline: Original Form 4 was filed June 1, 2026; this Form 4/A (amendment) was filed June 4, 2026 to correct the May 28 sale details and update post‑transaction beneficial ownership. The May 29 transaction was unchanged.
- Shares owned after transaction: The amendment updates beneficial ownership; the specific post‑transaction total should be checked in the amended Form 4/A.
Context
- These were open‑market sales (code S), which are commonly routine (e.g., diversification or liquidity) and do not by themselves indicate management’s view of company fundamentals. The filing corrects earlier reporting for the May 28 sale; no other derivative or gift transactions were reported.
Insider Transaction Report
Form 4/AAmended
Nayax Ltd.NYAX
Ben-Avi David
DirectorCTO and Co Founder
Transactions
- Sale
Ordinary Shares
[F1]2026-05-28$74.94/sh−12,180$912,769→ 6,605,724 total - Sale
Ordinary Shares
[F1]2026-05-29$76.48/sh−16,590$1,268,803→ 6,589,134 total
Footnotes (1)
- [F1]The reported price is a weighted average price. These shares were sold in transactions on the Tel Aviv Stock Exchange in New Israeli Shekels (ILS) and have been converted to U.S. Dollars (USD) using the exchange rate in effect on the transaction date. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request
Signature
/s/ Meirav Shemesh on behalf of Oppenheimer Israel, as Attorney-in-fact|2026-06-04