David Ben-Avi, CTO and Co-Founder of Nayax Ltd. (NASDAQ:NYAX), filed a statement of changes in beneficial ownership on September 22, 2026, reporting an open-market purchase of ordinary shares on September 17, 2026.

Key Highlights

  • Open-market purchase: David Ben-Avi acquired 1,014 ordinary shares of Nayax Ltd. on September 17, 2026.
  • Purchase price: Shares were acquired at $42.9098 per share, with the purchase price paid in New Israeli Shekels (NIS) at an exchange rate of 3.038 ILS to $1.00 on the transaction date.
  • Post-transaction ownership: Following the purchase, Ben-Avi directly holds 6,590,148 ordinary shares of Nayax Ltd.
  • Role at issuer: Ben-Avi serves as both a Director and Officer, holding the title of CTO and Co-Founder of Nayax Ltd.
  • Filing date: The statement was signed on September 22, 2026, by Meirav Shemesh on behalf of Oppenheimer Israel, as Attorney-in-Fact.

Nayax CTO and Co-Founder Reports Direct Share Acquisition on Israeli Exchange Rate Terms

According to the filing, David Ben-Avi, who serves as CTO and Co-Founder of Nayax Ltd., purchased 1,014 ordinary shares in the open market on September 17, 2026. The transaction was recorded under transaction code "P," indicating an open-market purchase. The filing notes that no Rule 10b5-1 plan box was checked in connection with this transaction.

The filing discloses that the purchase price of $42.9098 per share was paid in New Israeli Shekels, reflecting Nayax Ltd.'s Israeli operating base. The company, headquartered at 3 Arik Einstein, Herzliya, Israel, lists its ordinary shares on NASDAQ under the ticker NYAX. The applicable exchange rate on the transaction date was 3.038 ILS to $1.00, according to the filing's explanation of responses.

Following this reported transaction, Ben-Avi's direct beneficial ownership stands at 6,590,148 ordinary shares, as stated in Table I of the filing. No derivative securities transactions were reported in Table II. The filing was submitted by one reporting person and is not an amendment to a prior filing.

What Was Disclosed

The filing reported a single open-market purchase of 1,014 ordinary shares by Nayax Ltd.'s CTO and Co-Founder, David Ben-Avi, on September 17, 2026, at $42.9098 per share, bringing his direct beneficial ownership to 6,590,148 ordinary shares.