Nayax (NYAX) CEO Nechmad Yair Exercises Stock Options

What Happened
Nechmad Yair, CEO, co‑founder and chairman of Nayax Ltd. (NYAX), exercised stock options on August 26, 2026, resulting in the acquisition of 235,605 common shares. The Form 4 reports four option exercises (75,000; 75,000; 70,000; 15,605) at a reported exercise price of $33.71 per share (U.S. dollar amounts reflect exchange-rate conversion from New Israeli Shekels), with aggregate reported cash paid ≈ $7.94 million. The filing also shows corresponding disposals of the option derivatives (same quantities) at $0, reflecting conversion of the options into shares rather than open‑market sales.

Key Details

• Transaction date: 2026-08-26; Form 4 filed 2026-08-27 (appears timely).
• Exercises (acquired): 75,000 @ $33.71 = $2,528,093; 75,000 @ $33.71 = $2,528,093; 70,000 @ $33.71 = $2,359,553; 15,605 @ $33.71 = $526,012. Total acquired = 235,605 shares; total ≈ $7,941,751.
• Disposals: Same option quantities shown as disposed at $0 (these entries reflect surrender/conversion of the derivatives upon exercise).
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Footnotes: exercise price denominated in New Israeli Shekels (USD figures reflect exchange rate); the shares were acquired upon exercise of stock options (per F2–F4).

Context
This was an option exercise (Form 4 code M). There is no sale reported here — the filing shows conversion of options into shares rather than an immediate cashless sale. Option exercises are a way for insiders to convert vested equity awards into shares; they do not by themselves indicate a buy or sell sentiment beyond the executive acquiring shares by paying the exercise price.