Manor Sagit 4
Research Summary
AI-generated summary
Nayax (NYAX) CFO Manor Sagit Sells 294 Shares
What Happened Manor Sagit, Chief Financial Officer of Nayax Ltd. (NYSE: NYAX), disposed of a total of 294 shares in transactions reported for March 26–27, 2026. On 2026-03-26 she sold 79 shares at a weighted-average price of $55.14 for $4,356; on 2026-03-27 she sold 215 shares at a weighted-average price of $54.54 for $11,726 — total proceeds about $16,082. According to the filing, these sales represent shares withheld and sold by the issuer to satisfy tax withholding obligations tied to the vesting of restricted share units (i.e., routine tax-withholding, not a voluntary open-market disposition for investment reasons).
Key Details
- Dates and prices: 2026-03-26 — 79 shares @ $55.14 (≈ $4,356); 2026-03-27 — 215 shares @ $54.54 (≈ $11,726).
- Total shares sold: 294; total reported proceeds ≈ $16,082.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes: F1 — sales were issuer-withheld to satisfy tax withholding on RSU vesting; F2 — reported prices are weighted averages; full per-share details available upon request.
- Filing: Form 4 filed 2026-03-30; filing appears to be timely relative to the reported transaction dates.
Context These were tax-withholding sales connected to RSU vesting, which are routine and do not necessarily indicate the officer’s view on the company’s stock. For retail investors, purchases by insiders typically carry more weight as a signal than routine withholding sales.