Nayax (NYAX) COO details multi-year RSU share holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Nayax Ltd. COO Aharon Yaron filed an initial Form 3 reporting his equity position in the company’s ordinary shares. The filing reflects multiple grants of restricted stock units, each convertible into one ordinary share, rather than open‑market trades.
The RSU awards vest 25% on specific first anniversaries—06/26/2024, 02/27/2025, 08/06/2025, and 06/03/2026—with the remaining 75% vesting in twelve equal quarterly installments over three years, contingent on his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Aharon Yaron
Role
COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 183 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 (02/27/2025 ) 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 (08/06/2025 ) 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 the Nayax (NYAX) Form 3 filed by COO Aharon Yaron show?
The Form 3 shows Aharon Yaron’s initial reported equity position in Nayax. It lists holdings of ordinary shares tied to several restricted stock unit awards, establishing his starting ownership disclosure as a company officer rather than recording any new market purchases or sales.
Are there any buy or sell transactions in this Nayax (NYAX) Form 3?
No buy or sell transactions are disclosed in this Form 3. The entries are classified as holdings, with transaction codes and directions marked as unknown, indicating the filing focuses on reporting existing ownership from RSU grants instead of recent open‑market trading activity.
How do Aharon Yaron’s RSUs in Nayax (NYAX) vest over time?
The RSUs vest using a standard time-based schedule. For each grant, 25% of the restricted stock units vest on the first anniversary vesting date, and the remaining 75% vest in twelve equal quarterly installments over three years, conditioned on continued service to Nayax or its subsidiaries.
What specific RSU vesting dates are disclosed for Nayax (NYAX) COO Aharon Yaron?
The filing lists four first-year RSU vesting dates. These occur on 06/26/2024, 02/27/2025, 08/06/2025, and 06/03/2026. For each grant, only 25% vests on that initial date, with the rest vesting quarterly across the following three years.
Does the Nayax (NYAX) Form 3 mention performance conditions on Aharon Yaron’s RSUs?
The RSUs are described as time-based, not performance-based. Each award represents a contingent right to receive one ordinary share, vesting over time so long as Aharon Yaron continues serving Nayax or its subsidiaries through each specified vesting date.
What type of security does each RSU represent in the Nayax (NYAX) Form 3?
Each RSU represents one Nayax ordinary share upon vesting. The filing explains that restricted stock units are contingent rights to receive one ordinary share of Nayax Ltd., aligning the COO’s compensation with the company’s equity over the multi‑year vesting schedule.