Nayax CMO sells 34 shares for tax withholding
Nayax CMO Michal Sever reported a small tax-withholding share sale tied to RSU vesting, retaining 17,199 ordinary shares.
Rhea-AI Filing Summary
Nayax Ltd. (NYAX) reported that chief marketing officer Michal Sever had 34 ordinary shares withheld and sold by Nayax on September 4, 2026 to satisfy tax withholding obligations arising from the vesting of restricted share units. The shares were sold at $52.31 per share, leaving Sever with 17,199 ordinary shares held directly. No Rule 10b5-1 trading plan is reported for this tax-related sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 34 shares
Net Sell
1 txn
Insider
Sever Michal
Role
CMO
Sold
34 shs ($2K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares F1 | 34 | $52.31 | $2K |
Holdings After Transaction:
Ordinary Shares — 17,199 shares (Direct)
Footnotes (1)
- F1. 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
Key Figures
Shares sold for tax withholding: 34 shares
Sale price per share: $52.31 per share
Shares held after transaction: 17,199 shares
3 metrics
Shares sold for tax withholding
34 shares
Ordinary shares withheld and sold on September 4, 2026
Sale price per share
$52.31 per share
Price for the 34 shares sold on September 4, 2026
Shares held after transaction
17,199 shares
Direct Nayax ordinary share holdings of Michal Sever after the sale
Key Terms
restricted share units, tax withholding obligations, ordinary shares
3 terms
tax withholding obligations financial
"to satisfy tax withholding obligations in connection with the vesting"
FAQ
What insider transaction did Nayax (NYAX) report for Michal Sever?
Nayax reported that CMO Michal Sever had 34 ordinary shares withheld and sold on September 4, 2026 to satisfy tax withholding obligations connected to the vesting of restricted share units.
Was the Nayax (NYAX) insider sale by Michal Sever a discretionary trade?
The filing states the 34 shares sold represented shares withheld and sold by Nayax to cover tax withholding obligations from RSU vesting, indicating a tax-related disposition rather than an ordinary discretionary sale in the market.
Was Michal Sever’s Nayax (NYAX) transaction made under a Rule 10b5-1 plan?
No. The Form 4 indicates that no Rule 10b5-1 trading plan is affirmed for this transaction, and the footnote describes it as shares sold to satisfy tax withholding obligations from RSU vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.