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Nayax (NYSE: NYAX) CEO North America has 313 shares sold for RSU tax withholding

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Nayax Ltd. reported that CEO NAYX North America, Carly Lisanne Furman, had 313 Ordinary Shares sold on her behalf on March 31, 2026. According to the disclosure, these shares were withheld and sold by the company to satisfy tax withholding obligations arising from the vesting of restricted share units.

The shares were sold at a weighted‑average price of $54.7816 per share, based on trades on the Tel Aviv Stock Exchange that were originally executed in New Israeli Shekels and then converted to U.S. dollars. After this tax-related sale, Furman directly holds 11,574 Ordinary Shares of Nayax. The filing characterizes this as a routine, compensation‑linked transaction rather than a discretionary open‑market sale.

Positive

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Insider Furman Carly Lisanne
Role CEO NAYX North America
Sold 313 shs ($17K)
Type Security Shares Price Value
Sale Ordinary Shares 313 $54.7816 $17K
Holdings After Transaction: Ordinary Shares — 11,574 shares (Direct)
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 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
Shares sold for tax withholding 313 shares Ordinary Shares sold on March 31, 2026 to satisfy tax obligations
Weighted-average sale price $54.7816 per share Price based on trades on Tel Aviv Stock Exchange, converted from ILS to USD
Shares held after transaction 11,574 shares Direct Ordinary Share holdings of Carly Lisanne Furman following the sale
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.
tax withholding obligations financial
"shares withheld and sold by the Issuer to satisfy tax withholding obligations"
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.
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*
Furman Carly Lisanne

(Last)(First)(Middle)
EXECUTIVE PLAZA 1
11350 MCCORMICK ROAD, SUITE 1004

(Street)
HUNT VALLEY MARYLAND 21031

(City)(State)(Zip)

UNITED STATES

(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)
CEO NAYX North America
2a. Foreign Trading Symbol
[NYAX]
3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026
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 Shares03/31/2026S(1)313D$54.7816(2)11,574D
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 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
Carly Furman by: Oppenheimer Israel, as Attorney-in-fact03/31/2026
** 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 Carly Lisanne Furman?

Nayax reported that CEO NAYX North America, Carly Lisanne Furman, had 313 Ordinary Shares sold on her behalf. The sale covered tax withholding obligations triggered by vested restricted share units, making it a routine compensation-related transaction rather than a discretionary open-market trade.

At what price were Carly Lisanne Furman’s Nayax (NYAX) shares sold?

The 313 Nayax Ordinary Shares tied to Carly Lisanne Furman were sold at a weighted-average price of $54.7816 per share. Trades occurred on the Tel Aviv Stock Exchange in ILS and were converted to USD using the exchange rate on the transaction date.

Why were Nayax (NYAX) shares sold in connection with Carly Lisanne Furman’s RSUs?

The shares were sold to satisfy tax withholding obligations created when restricted share units vested for Carly Lisanne Furman. Rather than a voluntary sale, the issuer withheld and sold the shares to cover taxes associated with her equity compensation.

How many Nayax (NYAX) shares does Carly Lisanne Furman hold after this transaction?

After the tax-related sale of 313 Ordinary Shares, Carly Lisanne Furman directly holds 11,574 Nayax Ordinary Shares. This remaining position shows the transaction affected only a small portion of her total direct equity holdings in the company.

Were Carly Lisanne Furman’s Nayax (NYAX) share sales made on the Tel Aviv Stock Exchange?

Yes. The filing states the shares were sold in transactions on the Tel Aviv Stock Exchange in New Israeli Shekels. The reported $54.7816 weighted-average price reflects conversion of those ILS-denominated trades into U.S. dollars at the transaction-date exchange rate.

Is Carly Lisanne Furman’s Nayax (NYAX) transaction a typical tax withholding event?

The filing describes the 313-share sale as shares withheld and sold by the issuer to meet tax obligations from RSU vesting. That language aligns with a typical tax withholding mechanism tied to equity compensation, rather than a discretionary insider trading decision.
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