Welcome to our dedicated page for Brainsway SEC filings (Ticker: BRSYF), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Brainsway Ltd. (BRSYF) files as a foreign private issuer with the U.S. Securities and Exchange Commission, using Form 20-F for annual reporting and Form 6-K for current reports. Its 6-K filings state that they are incorporated by reference into a Form S-8 registration statement and multiple Form F-3 registration statements, showing that SEC documents are central to how the company communicates with U.S. investors.
On this page, you can review Brainsway Ltd.’s SEC filings, including Form 6-K current reports that often attach press releases as exhibits. The exhibit titles reveal key themes: neuromodulation and Deep TMS™ technologies, FDA approvals and clearances, coverage policies, and clinical trials. Examples include "BrainsWay Announces FDA Approval of Neurolief’s Proliv™Rx Neuromodulation System for Major Depressive Disorder (MDD)," "BrainsWay Announces First Coverage Policy for Accelerated Deep TMS™," and "BrainsWay Receives FDA Clearance of Deep TMS™ as Adjunct Therapy for Major Depressive Disorder (MDD) in Adolescents Aged 15 to 21."
Stock Titan enhances these regulatory documents with AI-powered summaries that explain the main points of lengthy filings in plain language. Real-time updates from EDGAR allow users to see new 6-K and 20-F submissions as they appear. Investors can also access and interpret other relevant forms when available, such as registration statements and any insider-related filings like Form 4, with AI-generated highlights that clarify complex disclosures.
By combining Brainsway Ltd.’s official SEC filings with AI analysis, this page helps users understand how the company reports on neuromodulation initiatives, Deep TMS developments, and related regulatory and coverage milestones.
BrainsWay Ltd. reports it has completed an additional $6 million milestone-based convertible loan investment in Neurolief Ltd. This second tranche was triggered by U.S. FDA Premarket Approval for Neurolief’s Proliv™Rx system, an at-home neurostimulation therapy for treatment-resistant major depressive disorder.
Including this tranche, BrainsWay has invested $11 million in Neurolief under their August 2025 strategic investment agreement. The arrangement also provides for a potential third tranche of up to a $5 million equity investment tied to Neurolief achieving a defined revenue target, and gives BrainsWay a call option to acquire all outstanding equity interests in Neurolief based on specified valuation formulas.
BrainsWay Ltd. reported that it completed a $1 million milestone-based investment in Axis Management Company, Inc., which services several mental health clinics in Colorado. This investment was triggered after Axis achieved a predefined revenue performance milestone under an August 2025 strategic equity financing agreement between the two companies.
BrainsWay previously made a $2.3 million equity investment in Axis and now holds a minority position in Axis through a preferred, annually compounding security, with a redemption mechanism relating to the shares. The move supports BrainsWay’s strategy of partnering with leading U.S. mental health providers to expand access to advanced neurostimulation treatments.
Brainsway Ltd. director Abraham Zangen filed an initial ownership report showing substantial direct holdings in the company. He holds 905,963 Ordinary Shares, which includes 899,713 shares plus unvested RSUs for 6,250 shares that vest quarterly until March 5, 2028. He also holds stock options over 25,000 Ordinary Shares with an exercise price of NIS 11.17 per share, expiring on March 5, 2034, with the remaining 12,500 options vesting in equal quarterly installments until March 5, 2028. The Ordinary Shares may also be held as American Depositary Shares, each currently representing one Ordinary Share.
Brainsway Ltd. director Mitrany Rayten Michal Ety filed an initial statement of beneficial ownership. The filing shows 12,500 Ordinary Shares held directly, including 6,250 shares and 6,250 RSUs that vest quarterly until March 5, 2028. It also reports stock options over 27,500 shares granted on January 13, 2020 expiring in 2028 with a NIS 15.26 exercise price, and options over 25,000 shares granted on March 5, 2024 expiring in 2034 with a NIS 11.17 exercise price, with 12,500 of those options vesting quarterly until March 5, 2028. The Ordinary Shares may be represented by American Depositary Shares on a one-for-one basis.
Brainsway Ltd. director David Zacut filed an initial ownership report detailing his equity position in the company. He directly holds 1,382,865 Ordinary Shares as of the filing, including 1,370,365 shares held jointly with his spouse, 6,250 additional shares, and unvested RSUs for 6,250 shares that vest quarterly until March 5, 2028.
He also indirectly holds 363,545 Ordinary Shares through Meromei Elran David 2003 Ltd. and 45,058 Ordinary Shares through Meromei Elran Ltd., both wholly owned entities where he serves as sole director. In addition, he holds stock options over 25,000 Ordinary Shares, granted on March 5, 2024, with an exercise price of NIS 11.17 per share and an expiration date of March 5, 2034. The remaining options for 12,500 shares vest in equal quarterly installments until March 5, 2028. Each Ordinary Share may be represented by one American Depositary Share.
Brainsway Ltd. chief financial officer Ido Marom filed an initial ownership report showing his equity stake in the company. He directly holds 51,250 Ordinary Shares, a figure that includes unvested restricted stock units that will vest in scheduled quarterly installments through dates extending to March 2030.
Marom also holds stock options over 46,875 Ordinary Shares granted in August 2023 and 17,500 Ordinary Shares granted in March 2024, both vesting in equal quarterly installments through 2027 and 2028, with exercise prices of NIS 4.28 and NIS 11.17 per share, respectively. This filing records existing holdings rather than new market purchases or sales.
Brainsway Ltd. director Karen Sarid filed an initial ownership report showing equity in both shares and options. She holds 12,500 Ordinary Shares, a figure that includes 6,250 shares and 6,250 restricted stock units that vest quarterly until March 5, 2028. She also holds stock options over 25,000 Ordinary Shares, with the remaining 12,500 options vesting in equal quarterly installments through the same date and carrying an exercise price of NIS 11.17 per share. The Ordinary Shares may be represented by American Depositary Shares, each currently equal to one Ordinary Share.
Brainsway Ltd. director Lushi Avner reported initial equity holdings consisting of stock options and restricted stock units tied to the company’s ordinary shares. The filing shows stock options to purchase 12,500 ordinary shares, granted on March 5, 2024, with the remaining options vesting in equal quarterly installments until March 5, 2028 and expiring on March 5, 2034. The exercise price for these options is NIS 11.17 per share. In addition, Avner holds 6,250 unvested RSUs, each representing a contingent right to receive one ordinary share, vesting quarterly until March 5, 2028. The ordinary shares may be represented by American Depositary Shares, with each ADS currently corresponding to one ordinary share.
Brainsway Ltd. Chief Marketing Officer Naomi Rozenfeld filed an initial ownership report showing equity exposure through shares, RSUs and options. She holds 25,000 Ordinary Shares, including 25,000 unvested RSUs that begin vesting on March 10, 2027 and continue quarterly until March 10, 2030. She also holds stock options over 75,000 Ordinary Shares, granted on December 22, 2025, with 18,750 options vesting on December 22, 2026 and the rest vesting quarterly until December 22, 2029, at an exercise price of NIS 30.74 per share and expiring on December 22, 2035. The Ordinary Shares may also be represented by American Depositary Shares, each currently equal to one Ordinary Share.
Brainsway Ltd. filed a Form 3 showing the initial equity holdings of Chief Executive Officer Levy Hadar. The filing reports direct ownership of 123,050 Ordinary Shares, which includes 16,800 shares and unvested restricted stock units that convert into shares as they vest.
Hadar also holds stock options over 80,000 Ordinary Shares granted on February 9, 2023 with an exercise price of NIS 3.65 per share, vesting in equal quarterly installments until February 13, 2027. Additional options cover 62,500 Ordinary Shares granted on March 5, 2024 at an exercise price of NIS 11.17 per share, vesting in equal quarterly installments until March 5, 2028.