Tepper Oren 4

What Happened
Oren Tepper, Chief Revenue Officer of Nayax Ltd. (NYAX), is reported to have disposed of 260 shares on 2026-06-04 at $68.06 per share, for a total value of $17,696. The filing notes these shares were withheld and sold by the issuer to satisfy tax withholding obligations in connection with the vesting of restricted share units (RSUs), a routine "sell-to-cover" transaction rather than an open-market voluntary divestiture.

Key Details

• Transaction date: 2026-06-04
• Price and quantity: 260 shares at $68.06 per share; proceeds $17,696
• Transaction type: Reported as a sale (S); footnote states shares were withheld and sold by the issuer to satisfy tax withholding on vested RSUs (F1)
• Shares owned after transaction: Not provided in the supplied filing details
• Filing date: 2026-06-08 (filed 4 days after the transaction). Form 4s are typically due within 2 business days, so this filing appears later than the normal deadline.

Context
Sell-to-cover transactions are common when RSUs vest and tax withholding is required; they do not necessarily indicate the insider's view of the company’s prospects. For retail investors, outright purchases or large discretionary sales may be more informative about insider sentiment than routine tax-withholding sales.