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Nayax (NYAX) CMO’s RSU vesting prompts 35-share tax withholding sale

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
  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.
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
restricted share units financial
"tax withholding obligations 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.
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"
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Learn about SEC filing dates
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*
Sever Michal

(Last)(First)(Middle)
3 ARIK EINSTEIN
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)
CMO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/29/2026
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 Shares06/29/2026S(1)35D$63.8889(2)17,271D
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 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.
/s/ Meirav Shemesh on behalf of Oppenheimer Israel, as Attorney-in-fact06/30/2026
** 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) 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.

How many Nayax (NYAX) shares does Michal Sever hold after the reported transaction?

After the tax-related sale, Michal Sever holds 17,271 Ordinary Shares directly. The 35 shares sold for tax withholding represent a very small portion of her overall position, indicating her equity stake remains largely unchanged.

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

The shares were sold at a weighted average price of $63.8889 per Ordinary Share. The filing notes this as a weighted average and states full trade details, including exact share counts and prices, are available from the reporting person upon request.

What triggered the tax withholding share sale reported by Nayax (NYAX)?

The sale was triggered by the vesting of restricted share units held by Michal Sever. To meet related tax withholding obligations, Nayax withheld and sold 35 Ordinary Shares on her behalf instead of requiring a cash tax payment.