Manor Sagit 4

What Happened

• Manor Sagit, Chief Financial Officer of Nayax Ltd. (NYSE: NYAX), sold 1,252 shares on 2026-03-31. The reported weighted-average price was $54.78, for proceeds of approximately $68,587. The sale was carried out on the Tel Aviv Stock Exchange and converted from ILS to USD.
• This sale was done to satisfy tax withholding obligations in connection with the vesting of restricted share units (RSUs), a routine post-vesting withholding rather than an open-market decision to diversify.

Key Details

• Transaction date: 2026-03-31
• Transaction type: Sale (reported as S); footnote indicates shares were withheld/sold to cover taxes on RSU vesting
• Reported price: $54.78 (weighted average; sale occurred in ILS and was converted to USD)
• Total proceeds: ~$68,587
• Shares owned after transaction: Not disclosed in this filing
• Footnotes: F1 — sale to satisfy tax withholding on RSU vesting; F2 — weighted average price, sale in ILS on Tel Aviv Stock Exchange, per-price breakdown available on request
• Filing timeliness: No late filing indicated (SEC filing date 2026-03-31 for a 2026-03-31 transaction)

Context

• Withholding sales tied to RSU vesting are common and typically reflect tax obligations rather than a CEO/CFO expressing a view on the stock. They are generally considered routine and not a clear bullish or bearish signal.
• The filing offers to provide the number of shares sold at each separate price on request, since the reported price is a weighted average after currency conversion.