Nayax CMO sells 5,000 shares after option exercise
Nayax Ltd. Chief Marketing Officer Sever Michal reported an exercise-and-sell transaction in Ordinary Shares.
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Form Type
4
Rhea-AI Filing Summary
Nayax Ltd. Chief Marketing Officer Sever Michal reported an exercise-and-sell transaction in Ordinary Shares. On May 15, 2026, she exercised stock options to acquire 5,000 Ordinary Shares at an exercise price of about $21.352 per share and sold 5,000 shares in open-market transactions at weighted average prices of about $64.2803 and $64.4123 per share.
According to the filing, the shares sold were acquired upon option exercise on the same date, and both exercise and sale amounts are reported in U.S. dollars based on New Israeli Shekel exchange rates. After these transactions, Sever Michal directly holds 17,306 Ordinary Shares of Nayax.
Insider Trade Summary
Exercise and Sale: 5,000 shares ($215K approx. pre-tax spread)
Exercise and Sale
6 txns
Insider
Sever Michal
Role
CMO
Sold
5,000 shs ($322K)
Approx. gross sale proceeds
$322K
Approx. exercise cost
$107K
Approx. pre-tax spread
$215K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 1,563 | $0.00 | $0.00 |
| Exercise | Stock Option (Right to Buy) | 3,437 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 1,563 | $21.352 | $33K |
| Sale | Ordinary Shares | 1,563 | $64.4123 | $101K |
| Exercise | Ordinary Shares | 3,437 | $21.352 | $73K |
| Sale | Ordinary Shares | 3,437 | $64.2803 | $221K |
Holdings After Transaction:
Stock Option (Right to Buy) — 0 contracts (Direct);
Ordinary Shares — 17,306 shares (Direct)
Footnotes (5)
- F1. The shares were acquired upon the exercise of stock options
- F2. The exercise price is denominated in New Israeli Shekels. The U.S. dollar amount reported reflects the exchange rate on the grant date.
- F3. The shares sold were acquired upon the exercise of stock options on the same date
- F4. The price reported is a weighted average price. The reporting person undertakes to provide full information, regarding the number of shares and prices at which the transaction was effectuated, upon request. The sale price is denominated in New Israeli Shekels. The U.S. dollar amount reported reflects the exchange rate on the Execution date.
- F5. The options reported herein were exercised and the underlying shares were sold on the same date as reported in Table I.
Key Figures
Shares sold: 5,000 Ordinary Shares
Sale price (block 1): $64.2803 per share
Sale price (block 2): $64.4123 per share
+4 more
7 metrics
Shares sold
5,000 Ordinary Shares
Open-market sales on May 15, 2026
Sale price (block 1)
$64.2803 per share
Weighted average sale price for 3,437 shares
Sale price (block 2)
$64.4123 per share
Weighted average sale price for 1,563 shares
Option exercise price
$21.352 per share
Exercise of stock options into 5,000 Ordinary Shares
Shares acquired via exercise
5,000 Ordinary Shares
Options exercised on May 15, 2026
Shares held after transactions
17,306 Ordinary Shares
Direct ownership after exercise-and-sell pattern
Option expiration date
March 28, 2027
Expiration for exercised Stock Options (Right to Buy)
Key Terms
open-market sale, Stock Option (Right to Buy), derivative security, weighted average price, +1 more
5 terms
open-market sale financial
"transaction_action: "open-market sale" for Ordinary Shares sold"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Stock Option (Right to Buy) financial
"security_title: "Stock Option (Right to Buy)" in derivative transactions"
derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
weighted average price financial
"footnote: "The price reported is a weighted average price.""
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
exercise price financial
"footnote: "The exercise price is denominated in New Israeli Shekels.""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Nayax (NYAX) report for Sever Michal?
Nayax reported that CMO Sever Michal exercised stock options for 5,000 Ordinary Shares and sold the same 5,000 shares in open-market transactions on May 15, 2026.
What was the stock option exercise price in the Nayax (NYAX) Form 4?
The stock options were exercised at an effective price of about $21.352 per share. The filing notes this exercise price is denominated in New Israeli Shekels, with the U.S. dollar amount reflecting the exchange rate on the grant date.
Were the Nayax (NYAX) CMO’s option exercises and sales done on the same date?
Yes. Footnotes explain that the options were exercised and the underlying shares were sold on the same date, May 15, 2026, reflecting a coordinated exercise-and-sell transaction pattern.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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