Form 4: Nayax CRO sells 57 shares to cover RSU taxes

Nayax CRO Oren Tepper recorded a 57-share sale at a $55.1398 weighted average on March 26, 2026, to satisfy RSU tax withholding, and now directly holds 8,518 shares.

Summary

• On 03/26/2026, Chief Revenue Officer Oren Tepper reported the sale of 57 Nayax Ltd. ordinary shares (transaction code S) at a weighted average price of $55.1398.
• The shares were withheld and sold by the issuer to satisfy tax withholding obligations upon the vesting of restricted share units (RSUs).
• Following the transaction, Tepper directly owns 8,518 ordinary shares of Nayax Ltd.
• The filing was signed on 03/30/2026 by Oppenheimer Israel as attorney-in-fact.
• Form filed by one reporting person; ownership is direct (D).

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a routine, administrative insider transaction tied to RSU tax withholding with minimal shares sold and no signal change, slightly positive due to clarity and small size.

Positives

• Sale was for tax withholding upon RSU vesting, indicating an administrative transaction rather than discretionary selling.
• Small size: only 57 shares sold; Tepper retains 8,518 shares post-transaction.
• Weighted-average pricing disclosed ($55.1398), with a commitment to provide detailed trade breakdowns upon request.

Negatives

• Insider sale recorded (code S), which some investors may view cautiously despite its administrative nature.

Future Outlook

No forward-looking statements or guidance in this filing.

Management Comments

• Shares sold represent shares withheld and sold by the issuer to satisfy tax withholding obligations upon RSU vesting.
• The reported price is a weighted average; full information on share counts and prices will be provided upon request.

Industry Context

StockSavvy.ai notes insider sell-to-cover transactions tied to RSU vesting are routine across fintech and payments companies and generally carry limited informational content about executive sentiment, particularly when the volumes are de minimis.

Comparison to Industry Standards

• The 57-share sell-to-cover is de minimis versus typical administrative RSU tax sales observed at payments peers like Block (SQ), Toast (TOST), and Shift4 (FOUR), which often involve larger blocks depending on grant size.
• Use of issuer-facilitated sell-to-cover to satisfy withholding taxes is standard practice for U.S.-listed tech and payments firms and is not, in itself, indicative of a change in outlook.
• Retention of a majority of holdings (8,518 shares post-transaction) aligns with common executive ownership practices intended to maintain alignment with shareholders.

Stakeholder Impact

• Minimal impact on shareholders given the small volume and administrative purpose of the sale.
• No operational or strategic implications for employees, customers, or suppliers indicated.
• Creditors and other stakeholders are unaffected as the transaction relates solely to executive equity withholding.

Key Dates

Keywords

Nayax, NYAX, Form 4, insider transaction, Oren Tepper, CRO, restricted share units, RSU vesting, tax withholding, ordinary shares, weighted average price, beneficial ownership