Nayax (NYAX) CFO has shares sold to satisfy RSU tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Nayax Ltd. reported that CFO Sagit Manor had 251 Ordinary Shares sold at $64.58 per share. According to the disclosure, these shares were withheld and sold by Nayax to satisfy tax withholding obligations triggered by the vesting of restricted share units, rather than a discretionary open-market sale by the CFO. After this tax-related sale, Manor directly held 47,272 Ordinary Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 251 shares ($16,210)
Net Sell
1 txn
Insider
Manor Sagit
Role
CFO
Sold
251 shs ($16K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 251 | $64.58 | $16K |
Holdings After Transaction:
Ordinary Shares — 47,272 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold for tax withholding: 251 shares
Sale price per share: $64.58 per share
Shares held after transaction: 47,272 shares
+1 more
4 metrics
Shares sold for tax withholding
251 shares
Ordinary Shares sold on 2026-05-18 to satisfy tax withholding
Sale price per share
$64.58 per share
Average price for 251 Ordinary Shares sold
Shares held after transaction
47,272 shares
CFO Sagit Manor’s direct Ordinary Share holdings following the sale
Net shares sold
251 shares
Net change in reported holdings from this tax-related sale
Key Terms
restricted share units, tax withholding obligations, Ordinary Shares, open-market sale
4 terms
tax withholding obligations financial
"to satisfy tax withholding obligations in connection with the vesting"
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What insider transaction did Nayax (NYAX) report for CFO Sagit Manor?
Nayax reported that 251 Ordinary Shares linked to CFO Sagit Manor were sold. The shares were withheld and sold by the company to cover tax obligations from vesting restricted share units, not a discretionary market trade by the executive.
Was the Nayax CFO’s reported Form 4 transaction an open-market sale?
The transaction is coded as a sale but functioned as tax withholding. Shares were withheld and sold by Nayax to satisfy tax obligations on vesting restricted share units, rather than a voluntary open-market sale initiated by the CFO.