Nayax (NYAX) CMO’s RSU vesting prompts 35-share tax withholding sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Nayax Ltd. CMO Michal Sever reported a small, tax-related share sale. A total of 35 Ordinary Shares were sold at a weighted average price of $63.8889 per share. According to the disclosure, these shares were withheld and sold by the company to cover tax withholding obligations from vesting restricted share units.
After this transaction, Sever directly holds 17,271 Ordinary Shares. Because the sale was solely to satisfy taxes and involved a very small number of shares relative to her remaining holdings, it reflects routine equity compensation mechanics rather than an active decision to reduce ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 35 shares ($2,236)
Net Sell
1 txn
Insider
Sever Michal
Role
CMO
Sold
35 shs ($2K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 35 | $63.8889 | $2K |
Holdings After Transaction:
Ordinary Shares — 17,271 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 price reported is a weighted average price. The reporting person undertakes to provide full information, regarding the number of shares and prices at which the transaction was effectuated, upon request.
Key Figures
Shares sold: 35 shares
Sale price: $63.8889 per share
Shares after transaction: 17,271 shares
+1 more
4 metrics
Shares sold
35 shares
Shares sold to satisfy tax withholding obligations
Sale price
$63.8889 per share
Weighted average sale price for Ordinary Shares
Shares after transaction
17,271 shares
Direct holdings of Ordinary Shares following the transaction
Net shares sold
35 shares
Net sell shares in transaction summary
Key Terms
restricted share units, weighted average price, tax withholding obligations
3 terms
weighted average price financial
"The price reported 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) report for CMO Michal Sever?
Nayax reported that CMO Michal Sever had 35 Ordinary Shares sold at a weighted average price of $63.8889. The company sold these shares to satisfy tax withholding obligations tied to vesting restricted share units.
Was the Nayax (NYAX) insider sale by Michal Sever a discretionary stock sale?
No, the 35-share sale was not a discretionary trade. The filing states the shares were withheld and sold by Nayax to cover tax withholding obligations arising from vesting restricted share units, a routine compensation-related event.