Sever Michal 4

What Happened

• Sever Michal, Chief Marketing Officer of Nayax Ltd. (NYAX), recorded a sale of 35 shares on 2026-03-27 at $54.54 per share, for total proceeds of approximately $1,909. The filing shows these shares were withheld and sold to cover tax withholding related to the vesting of restricted share units (RSUs), not a discretionary cash sale.

Key Details

• Transaction date: 2026-03-27; Filing date (Form 4): 2026-03-30
• Price per share: $54.54; Total proceeds: ~$1,909
• Shares sold: 35
• Shares owned after transaction: not specified in this filing
• Footnote: Shares were withheld and sold by the issuer to satisfy tax withholding on RSU vesting (routine, tax-related)
• Transaction type: Reported as a sale (code S) with tax-withholding footnote (F)

Context

• This was a withholding-for-tax event tied to RSU vesting, which is a common administrative transaction and does not necessarily signal the insider's view on the company. Purchases are typically more informative than routine withholding sales.