$NYAX

Ben-Avi David sold $2.3M of NYAX

Ben-Avi David (CTO and Co Founder) sold 30,186 shares of Nayax Ltd. (NYAX) at an average of $75.78 ($74.93–$76.48, $2.29M total) across 2 trades over 2026-05-28 to 2026-05-29.

Original reporting
SEC EDGAR · Ben-Avi David
Published Jun 1, 2026, 1:38 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Sep 28, 2026, 4:03 AM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
AlphAI market briefInsider activity
Primary signal
$NYAX
Bearish
medium confidence
Mentioned
$NYAX
Relevance
6/10
AlphAI data visualization · based on SEC EDGAR
Decision brief

The 30-second read

$NYAXBearishLow
01

Why it matters

The disclosed sale provides fresh data on insider sentiment for NYAX.

02

Market read

First‑report insider sale adds new information for traders monitoring NYAX.

03

What to watch

Potential upcoming corporate actions or financing needs not disclosed.

Relevance 6/10Novelty 7/10Timing: today after filing

Background

SEC Form 4 filing discloses insider transactions for public companies.

Company-level read

Ticker impact

$NYAXBearishMedium confidence
Context

CTO and co‑founder Ben‑Avi David sold 30,186 shares for $2.3 M in a Form 4 filing.

Expected impact

likely modest price pressure as market absorbs the insider sell‑off

Evidence & confidence

Sale size is moderate ($2.3 M) and executed at market price; no pre‑arranged plan suggests discretionary disposal.

Market effects

Minimal impact on the broader payments/fintech sector.

Limited to U.S. investors tracking NYAX.

Low global relevance.

Counterpoint

The sale could be a routine diversification rather than a negative signal.

Key entities

  • Ben‑Avi David

    CTO and co‑founder of Nayax Ltd.

  • Nayax Ltd.

    Provider of cashless payment solutions, ticker NYAX.

Full insider trading history

This story covers one filing. See everything behind it: every insider buy and sell on record, 10b5-1 plans, late filings, and which officers and directors are trading.

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