Nayax (NYSE: NYAX) CRO Tepper Oren reports initial share holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Nayax Ltd. CRO Tepper Oren has filed an initial Form 3 reporting his beneficial ownership in the company. The filing shows direct holdings of ordinary shares and notes multiple restricted stock unit grants. These RSUs vest over several years in scheduled quarterly installments beginning on 12/27/2024, 06/25/2025, and 06/03/2026, contingent on continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Tepper Oren
Role
CRO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 2,450 shares (Direct)
Footnotes (1)
- The Reporting Person was granted restricted stock units ("RSUs"), which each represent a contingent right to receive one share of ordinary stock of Nayax Ltd. (the "Company"). The RSUs vest in eleven equal quarterly installments commencing on 12/27/2024 subject to the Reporting Person's continued service to the Company or its subsidiaries through each vesting date. The Reporting Person was granted restricted stock units ("RSUs"), which each represent a contingent right to receive one share of ordinary stock of Nayax Ltd. (the "Company"). The RSUs vest 25% on the first year (06/25/2025 ) and the remaining 75% vest in twelve equal quarterly installments over a three-year period, subject to the Reporting Person's continued service to the Company or its subsidiaries through each vesting date. The Reporting Person was granted restricted stock units ("RSUs"), which each represent a contingent right to receive one share of ordinary stock of Nayax Ltd. (the "Company"). The RSUs vest 25% on the first year (06/03/2026 ) and the remaining 75% vest in twelve equal quarterly installments over a three-year period, subject to the Reporting Person's continued service to the Company or its subsidiaries through each vesting date.
FAQ
What does Tepper Oren’s Form 3 for Nayax (NYAX) disclose?
The Form 3 discloses Tepper Oren’s initial beneficial ownership in Nayax ordinary shares. It also describes several restricted stock unit grants that vest over time, reflecting equity-based compensation tied to his continued service with the company and its subsidiaries.
What is Tepper Oren’s role at Nayax (NYAX) in this Form 3?
Tepper Oren is identified as the Chief Revenue Officer (CRO) of Nayax Ltd. The Form 3 links his reported ordinary share holdings and restricted stock unit grants to this senior executive role, clarifying that the equity awards relate to his ongoing service to the company.
How do Tepper Oren’s RSUs in Nayax (NYAX) vest over time?
The RSUs vest in structured schedules, including eleven equal quarterly installments starting 12/27/2024, and separate grants vesting 25% on 06/25/2025 and 06/03/2026 with remaining portions in twelve quarterly installments, all conditioned on continuous service with Nayax or its subsidiaries.
Does Tepper Oren’s Form 3 for Nayax (NYAX) show any stock purchases or sales?
The Form 3 functions as an initial ownership statement and does not identify explicit stock purchases or sales. Instead, it lists existing ordinary share holdings and describes time-based vesting schedules for restricted stock units granted as part of his compensation package.
What type of securities are reported in Tepper Oren’s Nayax (NYAX) Form 3?
The filing reports Nayax ordinary shares held directly by Tepper Oren and restricted stock units. Each RSU represents a contingent right to receive one ordinary share, subject to vesting schedules and his continued service with the company through each vesting date.