STOCK TITAN

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.

(Neutral)
(Neutral)
Form Type
4

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 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)
  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
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
restricted share units financial
"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.
tax withholding obligations financial
"to satisfy tax withholding obligations in connection with the vesting"
ordinary shares financial
"The shares sold represent shares withheld and sold by the Issuer"
Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.

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.

At what price were Michal Sever’s Nayax (NYAX) shares sold?

The 34 Nayax ordinary shares associated with Michal Sever’s tax withholding were sold at a price of $52.31 per share on September 4, 2026, according to the Form 4 disclosure.

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

After the tax-withholding sale, Michal Sever directly holds 17,199 ordinary shares of Nayax Ltd., as reported in the Form 4 following the September 4, 2026 transaction.

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.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
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)
09/04/2026
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 Shares09/04/2026S(1)34D$52.3117,199D
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
/s/ Meirav Shemesh on behalf of Oppenheimer Israel, as Attorney-in-fact09/08/2026
** 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)

Keep reading