Nayax (NYSE: NYAX) CFO share sale covers RSU tax withholding
Filing Impact
Filing Sentiment
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
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,252 shares ($68,587)
Net Sell
1 txn
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)
- 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
Key Figures
Shares sold: 1,252 shares
Sale price: $54.7816 per share
Shares held after transaction: 49,277 shares
+1 more
4 metrics
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
Key Terms
restricted share units, tax withholding obligations, weighted average price, Tel Aviv Stock Exchange
4 terms
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.
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.