Nayax (NYSE: NYAX) CLO Omer Gal discloses stock and option holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Nayax Ltd. executive Omer Gal, the company’s CLO, has filed an initial statement of beneficial ownership. The filing lists stock options over 2,000 and 1,250 Ordinary Shares with an exercise price of $21.3520, expiring on November 22, 2026 and March 28, 2027. It also reports direct holdings of ordinary shares, including 2,509 and 2,396 shares. Footnotes describe multiple restricted stock unit grants that vest 25% after one year and the remaining 75% in equal quarterly installments over three years, starting on June 26, 2024, June 25, 2025, and June 3, 2026, subject to Gal’s continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Omer Gal
Role
CLO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 2,000 shares (Direct);
Ordinary Shares — 220 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 Options vest 20% on the first year (08/22/2022) 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 exercise price is denominated in New Israeli Shekels. The U.S. dollar amount reported reflects the exchange rate on the grant date. The Options vest 25% on the first year (03/28/2023) 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 exercise price is denominated in New Israeli Shekels. The U.S. dollar amount reported reflects the exchange rate on the grant date.
FAQ
What does Nayax (NYAX) CLO Omer Gal report in this Form 3?
The filing shows Omer Gal’s initial beneficial ownership in Nayax, including ordinary shares and stock options. It details direct holdings and unexercised options, plus RSU grants that vest over several years, clarifying his equity-based compensation and stake in the company.
How many Nayax options does Omer Gal report holding in the Form 3?
He reports stock options over 2,000 and 1,250 underlying ordinary shares. These options carry an exercise price of $21.3520 per share and have expiration dates in 2026 and 2027, illustrating a multi‑year incentive structure tied to Nayax’s equity.
What are the key vesting terms of Omer Gal’s Nayax RSU grants?
Each RSU grant vests 25% after one year, with the remaining 75% vesting in equal quarterly installments over three years. Vesting schedules begin on June 26, 2024, June 25, 2025, and June 3, 2026, contingent on Gal’s continued service with Nayax.
How is the Nayax stock option exercise price presented in Omer Gal’s Form 3?
The exercise price is stated as $21.3520 per share, with a footnote explaining it is denominated in New Israeli Shekels. The reported U.S. dollar amount reflects the exchange rate on the grant date, providing clarity on the option pricing basis.