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Nayax (NYSE: NYAX) CRO receives 12,000 RSUs with multi-year vesting

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Tepper Oren reported acquisition or exercise transactions in this Form 4 filing.

Nayax Ltd. reported that its Chief Revenue Officer, Oren Tepper, received a grant of 12,000 Ordinary Shares as a stock-based award, at no cash cost per share. Following this grant, he directly holds 20,444 shares.

The award was structured as restricted stock units (RSUs), each representing a right to receive one Ordinary Share. According to the vesting schedule, 3,500 RSUs vest on May 30, 2026, and the remaining 8,500 vest in four equal annual installments on March 15 of each year, contingent on continued service.

Positive

  • None.

Negative

  • None.
Insider Tepper Oren
Role CRO
Type Security Shares Price Value
Grant/Award Ordinary Shares 12,000 $0.00 --
Holdings After Transaction: Ordinary Shares — 20,444 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSUs granted 12,000 shares Grant of restricted stock units to CRO
Post-grant holdings 20,444 shares Total Ordinary Shares held directly after transaction
Grant price $0.0000 per share Reported transaction price per share for the award
Initial vesting tranche 3,500 RSUs Vest on May 30, 2026, subject to continued service
Remaining vesting RSUs 8,500 RSUs Vest in four equal annual installments on March 15
restricted stock units ("RSUs") financial
"The Reporting Person was granted restricted stock units ("RSUs"), which each represent a contingent right to receive one share"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
contingent right financial
"RSUs, which each represent a contingent right to receive one share of ordinary stock"
vesting financial
"3,500 RSUs vest after 20 days (05/30/2026) and the remaining 8,500 vest in four equal annual installments"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Ordinary Shares financial
"transaction in Ordinary Shares and RSUs convert into one share of ordinary stock of Nayax Ltd."
Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Tepper Oren

(Last)(First)(Middle)
3 ARIK EINSTEIN
FLOOR 1 BUILDING B

(Street)
HERZLIYA

(City)(State)(Zip)

ISRAEL

(Country)
2. Issuer Name and Ticker or Trading Symbol
Nayax Ltd. [ NYAX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
CRO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/10/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Ordinary Shares05/10/2026A(1)12,000A$020,444D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
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"). 3,500 RSUs vest after 20 days (05/30/2026) and the remaining 8,500 vest in four equal annual installments on March 15th of each year, subject to the Reporting Person's continued service to the Company or its subsidiaries through each vesting date.
Oren Tepper by: Oppenheimer Israel, as Attorney-in-fact05/12/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Nayax (NYAX) disclose about CRO Oren Tepper in this Form 4?

Nayax disclosed that CRO Oren Tepper received a grant of 12,000 restricted stock units (RSUs), each representing one Ordinary Share. The grant is a stock-based award with no cash paid per share, increasing his direct holdings to 20,444 shares.

How many Nayax (NYAX) shares does Oren Tepper hold after this RSU grant?

After the reported grant, Oren Tepper directly holds 20,444 Ordinary Shares of Nayax. This total reflects the new 12,000-share stock award added to his prior holdings, as shown in the Form 4’s post-transaction ownership figure.

What is the vesting schedule for Oren Tepper’s 12,000 Nayax (NYAX) RSUs?

The 12,000 RSUs vest in two parts: 3,500 vest on May 30, 2026, and the remaining 8,500 vest in four equal annual installments on March 15. Each vesting is conditioned on Tepper’s continued service with Nayax or its subsidiaries.

Did Oren Tepper buy or sell Nayax (NYAX) shares in this Form 4?

The Form 4 shows an acquisition through a grant or award, not a market purchase or sale. Tepper received 12,000 RSUs at a reported price of $0.0000 per share as part of his compensation, with no open-market transaction indicated.

What type of security was granted to Nayax (NYAX) CRO Oren Tepper?

Tepper was granted restricted stock units (RSUs) tied to Ordinary Shares of Nayax. Each RSU represents a contingent right to receive one Ordinary Share, subject to time-based vesting and his continued service with the company or its subsidiaries.