Brainsway Ltd. disclosure: MEITAV Investment House Ltd. reports shared voting and dispositive power over 2,099,637 American Depositary Shares (ADS) representing 5.24% of ordinary shares based on 40,033,028 ordinary shares outstanding as of March 31, 2026.
The filing states the reported ADS are held across subsidiaries and client accounts: 408,408 ordinary shares (1.02%) by Meitav Tachlit Mutual Funds Ltd. and 1,691,229 ordinary shares (4.22%) by Meitav Provident Funds & Pension Ltd. Voting and investment decisions are described as made by each subsidiary under independent management.
Positive
None.
Negative
None.
Insights
MEITAV holds a mid-single-digit position in Brainsway as of March 31, 2026.
MEITAV reports shared voting and dispositive power over 2,099,637 ADS, equivalent to 5.24% of ordinary shares using the filing's stated outstanding base of 40,033,028. The stake is split across fund and pension entities.
Ownership is described as held by subsidiaries that operate under independent management; the filing disclaims a Section 13(d) group. Subsequent disclosures would show any changes in percent ownership.
Key Figures
Shared voting/dispositive power:2,099,637 sharesPercent of class:5.24%Outstanding ordinary shares:40,033,028 shares+2 more
5 metrics
Shared voting/dispositive power2,099,637 sharesas reported on the cover page
Percent of class5.24%based on 40,033,028 ordinary shares outstanding as of March 31, 2026
Outstanding ordinary shares40,033,028 sharesas of March 31, 2026 (cited in filing)
Meitav Tachlit holding408,408 sharesreported beneficially owned (1.02%) as of March 31, 2026
Meitav Provident holding1,691,229 sharesreported beneficially owned (4.22%) as of March 31, 2026
"American Depositary Shares, each representing two Ordinary Shares"
American depositary shares (ADS) are a way for investors in the United States to buy shares of foreign companies without dealing with the complexities of international markets. They represent ownership in a foreign company's stock and are traded on U.S. exchanges, making it easier and more convenient for Americans to invest internationally. ADSs allow investors to diversify their portfolios with foreign companies while using familiar trading platforms.
Beneficially ownedregulatory
"Amount beneficially owned: See row 9 of cover page"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Shared voting powerregulatory
"Shared Voting Power 2,099,637.00"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
Schedule 13Gregulatory
"form type: SCHEDULE 13G"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Brainsway Ltd.
(Name of Issuer)
American Depositary Shares, each representing two Ordinary Shares, par value NIS 0.04 per share
(Title of Class of Securities)
10501L106
(CUSIP Number)
03/31/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
10501L106
1
Names of Reporting Persons
MEITAV INVESTMENT HOUSE LTD
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
ISRAEL
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
2,099,637.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
2,099,637.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2,099,637.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.24 %
12
Type of Reporting Person (See Instructions)
CO
Comment for Type of Reporting Person: With regard to rows (6), (8), (9) and (11), the beneficial ownership of the securities reported herein is described in Item 4(a).
Row (11) is based on 40,033,028 Ordinary Shares outstanding as of March 31, 2026 (as reported on Bloomberg LP).
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Brainsway Ltd.
(b)
Address of issuer's principal executive offices:
Hartum Street, Bynet Building 19, Jerusalem, Israel 9777518
Item 2.
(a)
Name of person filing:
MEITAV INVESTMENT HOUSE LTD
The securities reported herein are beneficially owned by various direct or indirect, majority or wholly-owned subsidiaries of the MEITAV INVESTMENT HOUSE LTD. (the "Subsidiaries"). Some of the securities reported herein are held by third-party client accounts managed by a subsidiary of the Reporting Person as portfolio managers, which subsidiary operates under independent management and makes independent investment decisions and has no voting power in the securities held in such client accounts. The Subsidiaries manage their own funds and/or the funds of others, including for holders of exchange-traded notes or members of pension or provident funds, unit holders of mutual funds, and portfolio management clients. Each of the Subsidiaries operates under independent management and makes its own independent voting and investment decisions.
(b)
Address or principal business office or, if none, residence:
1 Jabotinski, Bene-Beraq, Israel
(c)
Citizenship:
Israel
(d)
Title of class of securities:
American Depositary Shares, each representing two Ordinary Shares, par value NIS 0.04 per share
(e)
CUSIP Number(s):
10501L106
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
See row 9 of cover page of the reporting person.
Each of the Subsidiaries operates under independent management and makes its own independent voting and investment decisions. Neither the filing of this Schedule 13G nor any of its contents shall be deemed to constitute an admission by either the Filing Person or Subsidiaries that a group exists for purposes of Section 13(d) of the Securities Exchange Act of 1934 or for any other purpose, and each reporting person disclaims the existence of any such group. In addition, the Filing Person and Subsidiaries disclaims any beneficial ownership of the securities covered by this report in excess of their actual pecuniary interest therein. This Statement shall not be construed as an admission by the Filing Person or Subsidiaries that they are the beneficial owners of any of the Ordinary Shares covered by this Statement, and each of Filing Person and Subsidiaries disclaims beneficial ownership of any such Ordinary Shares.
As of March 31, 2026, the securities reported herein were held as follows:
408,408 ordinary shares (representing 1.02% of the total ordinary shares outstanding) beneficially owned by MEITAV TACHLIT MUTUAL FUNDS LTD.
1,691,229 ordinary shares (representing 4.22% of the total ordinary shares outstanding) beneficially owned by MEITAV PROVIDENT FUNDS & PENSION LTD.
(b)
Percent of class:
See row 11 of cover page of the reporting person
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
See row 5 of cover page of each reporting person
(ii) Shared power to vote or to direct the vote:
See row 6 of cover page of each reporting person and note in Item 4(a) above
(iii) Sole power to dispose or to direct the disposition of:
See row 7 of cover page of each reporting person
(iv) Shared power to dispose or to direct the disposition of:
See row 8 of cover page of each reporting person and note in Item 4(a) above
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
How much of Brainsway (BWAY) does MEITAV Investment House report owning?
MEITAV reports shared power over 2,099,637 ADS equal to 5.24% of common stock. The percent uses an outstanding base of 40,033,028 ordinary shares as of March 31, 2026, per the filing.
Which MEITAV entities hold Brainsway shares and in what amounts?
Meitav Tachlit Mutual Funds Ltd. holds 408,408 ordinary shares (1.02%) and Meitav Provident Funds & Pension Ltd. holds 1,691,229 ordinary shares (4.22%). These amounts are reported as of March 31, 2026.
Does MEITAV claim sole voting control over Brainsway shares?
No. The filing shows 0 shares with sole voting power and reports 2,099,637 shares with shared voting power. Subsidiaries are described as operating under independent management.
What basis does the filing use to calculate the 5.24% ownership figure?
The 5.24% figure is calculated using 40,033,028 ordinary shares outstanding as of March 31, 2026, a figure cited in the filing's cover-page note referencing Bloomberg LP.
Does the Schedule 13G filing indicate a Section 13(d) group with MEITAV?
The filing disclaims that a group exists under Section 13(d). It also disclaims beneficial ownership beyond the filer's actual pecuniary interest and attributes holdings to separate subsidiaries.
