Nayax (NYAX) CFO has 1,252 shares sold to cover RSU tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Nayax Ltd. reported that CFO Manor Sagit had 1,252 Ordinary Shares withheld and sold by the company to cover tax withholding obligations linked to the vesting of restricted share units at a weighted-average price of $66.7432 per share. Following these transactions, Sagit directly holds 45,238 Ordinary Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,252 shares ($83,562)
Net Sell
1 txn
Insider
Manor Sagit
Role
CFO
Sold
1,252 shs ($84K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 1,252 | $66.7432 | $84K |
Holdings After Transaction:
Ordinary Shares — 45,238 shares (Direct, null)
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 for tax withholding: 1,252 shares
Weighted-average sale price: $66.7432 per share
Shares held after transaction: 45,238 shares
3 metrics
Shares sold for tax withholding
1,252 shares
Ordinary Shares linked to RSU vesting
Weighted-average sale price
$66.7432 per share
Converted from ILS trades on transaction date
Shares held after transaction
45,238 shares
Direct ownership after withholding-related sale
Key Terms
restricted share units, weighted average price, tax withholding obligations
3 terms
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.
tax withholding obligations financial
"shares withheld and sold by the Issuer to satisfy tax withholding obligations"
FAQ
What insider transaction did Nayax (NYAX) CFO Manor Sagit report?
Nayax CFO Manor Sagit reported shares withheld and sold to cover tax obligations. The company sold 1,252 Ordinary Shares in connection with vested restricted share units, rather than a discretionary open-market sale by the executive.
Was the Nayax (NYAX) CFO’s Form 4 transaction a discretionary sale?
The transaction was not a typical discretionary sale. Footnotes state the 1,252 shares were withheld and sold by Nayax to satisfy tax withholding obligations arising from restricted share unit vesting, a routine administrative event rather than an investment decision.