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Nayax (NYSE: NYAX) CFO share sale covers RSU tax withholding

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Nayax Ltd. CFO Manor Sagit reported an open-market sale of 1,252 Ordinary Shares on March 31, 2026 at a weighted average price of $54.7816 per share. According to the disclosure, these shares were sold by the issuer to satisfy tax withholding obligations arising from the vesting of restricted share units, making this a compensation-related, non-discretionary transaction rather than a typical portfolio sale. The price was based on trades on the Tel Aviv Stock Exchange in New Israeli Shekels and converted to U.S. dollars using the exchange rate on the transaction date. Following the transaction, Sagit directly held 49,277 Ordinary Shares of Nayax.

Positive

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Insider Manor Sagit
Role CFO
Sold 1,252 shs ($69K)
Type Security Shares Price Value
Sale Ordinary Shares 1,252 $54.7816 $69K
Holdings After Transaction: Ordinary Shares — 49,277 shares (Direct)
Footnotes (1)
  1. The shares sold represent shares withheld and sold by the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted share units The reported price is a weighted average price. These shares were sold in transactions on the Tel Aviv Stock Exchange in New Israeli Shekels (ILS) and have been converted to U.S. Dollars (USD) using the exchange rate in effect on the transaction date. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request
Shares sold 1,252 shares Ordinary Shares sold on March 31, 2026
Sale price $54.7816 per share Weighted average sale price converted from ILS
Shares held after transaction 49,277 shares Direct ownership following reported sale
Net buy/sell shares -1,252 shares Net effect of reported insider activity
restricted share units financial
"in connection with the vesting of restricted share units"
Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.
tax withholding obligations financial
"to satisfy tax withholding obligations in connection with the vesting"
weighted average price financial
"The reported price 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.
Tel Aviv Stock Exchange financial
"These shares were sold in transactions on the Tel Aviv Stock Exchange"
The Tel Aviv Stock Exchange is Israel’s main marketplace where stocks, bonds and exchange-traded funds are bought and sold, providing a centralized place for investors to trade ownership in companies and government debt. It matters because it sets real-time prices and liquidity for Israeli securities, offering a barometer of the country’s corporate health and giving investors a way to enter or exit positions much like an auction house or farmers’ market sets the price for goods.
SEC Form 4
FORM 4UNITED 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*
Manor Sagit

(Last)(First)(Middle)
3 ARIK EINSTEIN ST.
BUILDING B, FLOOR 1

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
CFO
2a. Foreign Trading Symbol
[NYAX]
3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Ordinary Shares03/31/2026S(1)1,252D$54.7816(2)49,277D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The shares sold represent shares withheld and sold by the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted share units
2. The reported price is a weighted average price. These shares were sold in transactions on the Tel Aviv Stock Exchange in New Israeli Shekels (ILS) and have been converted to U.S. Dollars (USD) using the exchange rate in effect on the transaction date. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request
Sagit Manor by: Oppenheimer Israel, as Attorney-in-fact03/31/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did Nayax (NYAX) CFO Manor Sagit report?

Nayax CFO Manor Sagit reported an open-market sale of 1,252 Ordinary Shares. The shares were sold to cover tax withholding obligations related to vesting restricted share units, rather than a voluntary portfolio sale, and were executed on the Tel Aviv Stock Exchange.

At what price were the Nayax (NYAX) shares sold in Manor Sagit’s Form 4 filing?

The 1,252 Nayax Ordinary Shares were sold at a weighted average price of $54.7816 per share. The trades occurred in New Israeli Shekels on the Tel Aviv Stock Exchange and were converted to U.S. dollars using the exchange rate on the transaction date.

Why did Nayax (NYAX) CFO Manor Sagit’s shares get sold according to the Form 4?

The filing states the shares were sold by the issuer to satisfy tax withholding obligations. These obligations arose in connection with the vesting of restricted share units, indicating a compensation-related tax event rather than a discretionary sale decision by the CFO.

How many Nayax (NYAX) shares does CFO Manor Sagit hold after this transaction?

After the reported transaction, Manor Sagit directly holds 49,277 Nayax Ordinary Shares. This figure reflects his remaining direct ownership following the sale of 1,252 shares to cover tax withholding tied to restricted share unit vesting.

Where were the Nayax (NYAX) CFO’s reported share sales executed?

The Form 4 notes that the shares were sold in transactions on the Tel Aviv Stock Exchange. Prices were originally in New Israeli Shekels and then converted to U.S. dollars using the applicable exchange rate on the March 31, 2026 transaction date.