
What happened
Nayax Ltd. (NASDAQ: NYAX) filed an amended Form 4/A on 09/29/2026 showing David Ben-Avi bought 2,854 ordinary shares from 09/22/2026 to 09/24/2026 at $42.09 to $44.03 per share, for about $123,480.
Ben-Avi is the company's CTO and Co Founder and a director. The form says the purchases were open-market buys and reports direct ownership.
The 100-share buy used New Israeli Shekels at an exchange rate of 3.047 ILS to $1.00, and the 500-share buy was on the Tel Aviv Stock Exchange.
After the purchase, he held 6,593,002 shares. The amendment says it was filed solely to add a 600-share purchase omitted from the original Form 4 because of administrative oversight.
Key numbers
| Metric | Latest | Change | Source |
|---|---|---|---|
| Shares bought | 2,854 shares | SEC Form 4/A | |
| Purchase price range | $42.09 to $44.03 per share | SEC Form 4/A | |
| Approximate total purchase value | about $123,480 | SEC Form 4/A | |
| Post-trade holdings | 6,593,002 shares | SEC Form 4/A | |
| Amendment add-on | 600 shares | SEC Form 4/A |
Read more: Nayax (NYAX) stock analysis and investment case
Why it matters
OptimistFi's case is that Nayax works if its niche payments-and-software platform for unattended commerce keeps turning device adoption into higher-margin transaction and software economics, not just lower-margin hardware growth.
This filing is mixed because it adds a director's open-market buying record, but it does not show any change in those economics. OptimistFi's ratio puts the 2,854 shares at about 0.0% of Ben-Avi's holding before the trade.
The form was filed by one reporting person and shows direct ownership in the reported shares. The purchase is one insider's amended open-market trade, not a company-wide operating result.
The amendment also matters because it cleans the record by adding a missed 600-share purchase to the original filing. That correction changes the paper trail, not the operating story.
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What's next
The amendment on 09/29/2026 is the current ownership record.
A later Form 4 from David Ben-Avi would be the next ownership update.
Any later purchase would add another data point to the insider trail.
The 09/29/2026 filing is the latest dated change in Ben-Avi's reported holdings.
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Sources
- SEC Form 4/A — Form 4/A filed 09/29/2026 for Nayax Ltd.
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Originally published on OptimistFi, evidence-first equity research. More at optimistfi.com.
