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Nayax's CTO and Co-Founder Sold Nearly 30,000 Company Shares for $2.2 Million. Should Investors Worry?

This global fintech enables cashless payments for unattended retail; a key insider recently trimmed their direct stake, filings show.

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Nayax's CTO and Co-Founder Sold Nearly 30,000 Company Shares for $2.2 Million. Should Investors Worry?

Nayax's CTO and Co-Founder Sold Nearly 30,000 Company Shares for $2.2 Million. Should Investors Worry?

Published June 14, 2026 · Category: Finance

Overview

David Ben-Avi, Chief Technology Officer and co-founder, reported the sale of 28,770 shares of Nayax Ltd. (NASDAQ:NYAX) in multiple open-market transactions on May 28, 2026 and May 29, 2026, according to an SEC Form 4 filing.

Transaction and post-transaction values based on SEC Form 4 weighted average reported price ($75.83).

Details

Nayax Ltd. is a global fintech company specializing in integrated payment and management solutions for the unattended retail sector. The company leverages its proprietary hardware and software platforms to enable seamless cashless transactions and remote machine management across diverse industries.

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Source

Originally published at www.fool.com.

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