Nayax CTO buys 1,014 shares at $42.9 each

Nayax CTO and Co-Founder Ben-Avi David bought additional NYAX Ordinary Shares in an open-market transaction, modestly increasing his direct holdings.

Available on EDGAR 09/22/2026 - 10:03 AM EDT Accepted by SEC EDGAR 09/22/2026 - 10:02 AM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Nayax Ltd. (NYAX) reported that Ben-Avi David, its CTO and Co-Founder, purchased Ordinary Shares in an open-market transaction. On September 17, 2026, he bought 1,014 shares at a price of $42.9098 per share, with the price paid in New Israeli Shekels using an exchange rate of 3.038 ILS to $1.00. Following this purchase, he directly holds 6,590,148 Ordinary Shares.

Insider Trade Summary

Net Buyer: 1,014 shares

Net Buy 1 txn

Insider Ben-Avi David

Role CTO and Co Founder

Bought 1,014 shs ($44K)

Increase in Position 0.02%

Type	Security	Shares	Price	Value
Purchase	Ordinary Shares F1, F2	1,014	$42.9098	$44K

Holdings After Transaction: Ordinary Shares — 6,590,148 shares (Direct)

Holdings Before and After: Ordinary Shares, 6,589,134 to 6,590,148 shares (Direct)

Footnotes (2)

1. F1. Represents shares purchased in the open market
2. F2. The purchase price was paid in New Israeli Shekels (NIS). The exchange rate in effect on the transaction date was 3.038 ILS to $1.00.

Key Figures

Shares purchased: 1,014 shares Purchase price per share: $42.9098 per share Exchange rate: 3.038 ILS per $1.00 +1 more

4 metrics

Shares purchased 1,014 shares Ordinary Shares bought on September 17, 2026 in an open-market transaction

Purchase price per share $42.9098 per share Price for Ordinary Shares bought on September 17, 2026

Exchange rate 3.038 ILS per $1.00 Currency conversion used for the purchase price paid in New Israeli Shekels

Total shares held after transaction 6,590,148 shares Direct Ordinary Share holdings of Ben-Avi David after the transaction

Key Terms

Ordinary Shares, open market, New Israeli Shekels, exchange rate

4 terms

Ordinary Shares financial

"purchased Ordinary Shares in an open-market transaction"

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.

open market financial

"Represents shares purchased in the open market"

An open market is a system where buying and selling of goods, services, or financial assets happen freely without restrictions or special controls. For investors, it means they can trade assets easily and quickly, which helps determine fair prices based on supply and demand. This environment encourages transparency and competition, making it easier to buy or sell with confidence.

New Israeli Shekels financial

"The purchase price was paid in New Israeli Shekels (NIS)"

exchange rate financial

"The exchange rate in effect on the transaction date was 3.038 ILS to $1.00"

Exchange rate is the price of one currency expressed in another—for example, how many euros you receive for one US dollar. It matters to investors because changes in that price alter the reported profits, costs and value of assets for companies and portfolios that operate or hold money across borders; think of it like switching measurement units, where the same item can look bigger or smaller depending on the unit used.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did NYAX report for Ben-Avi David?

Nayax Ltd. reported that CTO and Co-Founder Ben-Avi David purchased 1,014 Ordinary Shares in an open-market transaction on September 17, 2026.

How many NYAX shares did Ben-Avi David buy and at what price?

Ben-Avi David bought 1,014 Ordinary Shares of NYAX at a price of $42.9098 per share, with the purchase price paid in New Israeli Shekels and converted using an exchange rate of 3.038 ILS to $1.00.

What are Ben-Avi David’s NYAX holdings after this transaction?

After the reported purchase, Ben-Avi David directly holds 6,590,148 Ordinary Shares of Nayax Ltd.

Was the NYAX insider purchase by Ben-Avi David made under a Rule 10b5-1 plan?

No. The filing’s Rule 10b5-1 checkbox is not checked, and the footnotes describe the transaction only as shares purchased in the open market, with no reference to a trading plan.

In what currency was the NYAX insider share purchase paid?

The purchase price for the 1,014 Ordinary Shares was paid in New Israeli Shekels (NIS), using an exchange rate of 3.038 ILS to $1.00 on the transaction date.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 4

FORM 4

UNITED 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^*

Ben-Avi David

(Last) (First) (Middle)

C/O NAYAX LTD.

3 ARIK EINSTEIN

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CTO and Co Founder

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/17/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Ordinary Shares	09/17/2026		P/K(1)		1,014	A	$42.9098(2)	6,590,148	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares purchased in the open market

2. The purchase price was paid in New Israeli Shekels (NIS). The exchange rate in effect on the transaction date was 3.038 ILS to $1.00.

	/s/ Meirav Shemesh on behalf of Oppenheimer Israel, as Attorney-in-fact	09/22/2026
	** Signature of Reporting Person	Date
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)