Nayax (NYAX) CFO reports initial share and RSU holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Nayax Ltd. CFO Manor Sagit filed an initial statement of beneficial ownership, reporting direct holdings of several blocks of the company’s ordinary shares. The filing also details multiple restricted stock unit (RSU) grants that convert into ordinary shares on staggered vesting schedules tied to continued service.
RSU awards vest partly on specific first-year dates, including 06/21/2022, 06/26/2024, 06/25/2025, 06/03/2026, and following those dates in equal quarterly or annual installments over three to five years, creating a long-term equity incentive structure for the CFO.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Manor Sagit
Role
CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 304 shares (Direct)
Footnotes (1)
- These shares were issued upon vesting of previously granted RSU's 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 (06/26/2024) 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 (06/25/2025) 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. 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 20% on the first year (06/21/2022) and the remaining 80% vest in sixteen equal quarterly installments over a four-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 29.17% 40 days after the grant date of 03/12/2026, additional 60% in three equal annual installments and the remaining 10.83% vest on the fifth year, subject to the Reporting Person's continued service to the Company or its subsidiaries through each vesting date.
FAQ
What does Nayax (NYAX) CFO Manor Sagit report in this Form 3?
The filing shows CFO Manor Sagit’s initial beneficial ownership of Nayax ordinary shares. It lists several direct share positions plus multiple restricted stock unit (RSU) grants that vest into one ordinary share each over multi-year schedules tied to ongoing service.
How do the RSUs granted to Nayax (NYAX) CFO vest over time?
Each RSU grant vests in tranches. Some vest 25% on first anniversaries such as 06/26/2024, 06/25/2025, and 06/03/2026, with the remaining 75% vesting in equal quarterly installments over three years, contingent on continued service.
What is notable about the 2022 RSU grant to Nayax (NYAX) CFO?
One RSU grant vests 20% on 06/21/2022, with the remaining 80% vesting in sixteen equal quarterly installments over four years. This structure spreads equity compensation over a long horizon, encouraging sustained service with Nayax Ltd.
How does the March 2026 RSU grant for Nayax (NYAX) CFO vest?
The March 12, 2026 RSU grant vests 29.17% forty days after the grant date. An additional 60% vests in three equal annual installments, and the final 10.83% vests in the fifth year, all subject to continued service to Nayax or its subsidiaries.
What type of securities are covered in this Nayax (NYAX) Form 3?
The Form 3 covers Nayax Ltd. ordinary shares and restricted stock units. Each RSU represents a contingent right to receive one ordinary share of Nayax, subject to satisfying the specified vesting conditions and ongoing employment or service requirements.