DRDGOLD awards 76K deferred shares to production head

DRDGOLD LTD (DRD) reported that an officer serving as Head of Production and Director of Ergo received an equity-based compensation award.

Rhea-AI Filing Summary

DRDGOLD LTD (DRD) reported that an officer serving as Head of Production and Director of Ergo received an equity-based compensation award. The reporting officer acquired 76,769 deferred shares of DRDGOLD Limited on August 26, 2026, representing an award under the company’s Single Incentive Plan. These deferred shares correspond to 76,769 underlying ordinary shares and are subject to forfeiture, vesting in five equal annual installments with the final installment vesting on August 12, 2031, contingent on continued service with DRDGOLD Limited or its subsidiaries. Following this grant, the officer directly holds 160,903 deferred shares.

Insider Trade Summary

Grant/Award: 76,769 shares

Grant/Award 1 txn

Insider Gouws Henry

Role Head of Prod., Dir. of Ergo

Type	Security	Shares	Price	Value
Grant/Award	Deferred Shares F1	76,769	$0.00	$0.00

Holdings After Transaction: Deferred Shares — 160,903 contracts (Direct)

Footnotes (1)

1. F1. Consists of deferred shares of DRDGOLD Limited (the "Company") awarded to the Reporting Person under the Company's Single Incentive Plan on August 12, 2026 and accepted by the Reporting Person on August 26, 2026. The deferred shares are subject to forfeiture and vest in five equal annual installments, with the final installment vesting on August 12, 2031, subject to the Reporting Person's continued service to the Company or its subsidiaries through each applicable vesting date.

Key Figures

Deferred shares awarded: 76,769 shares Underlying ordinary shares for award: 76,769 shares Deferred shares held after transaction: 160,903 shares +4 more

7 metrics

Deferred shares awarded 76,769 shares Deferred shares of DRDGOLD Limited awarded under the Single Incentive Plan, accepted August 26, 2026

Underlying ordinary shares for award 76,769 shares Underlying ordinary shares corresponding to the 76,769 deferred shares awarded

Deferred shares held after transaction 160,903 shares Total direct deferred share holdings of the reporting officer following the award

Transaction price per deferred share $0.0000 per share Price per share reported for the grant of deferred shares

Grant date of deferred shares August 12, 2026 Date on which the deferred shares were awarded under the Single Incentive Plan

Final vesting date August 12, 2031 Date on which the final of five equal annual installments of deferred shares vests

Number of vesting installments 5 installments Deferred shares vest in five equal annual installments, subject to continued service

Key Terms

Deferred Shares, Single Incentive Plan, subject to forfeiture, vest in five equal annual installments, +1 more

5 terms

Deferred Shares financial

"Consists of deferred shares of DRDGOLD Limited (the "Company") awarded"

Deferred shares are a class of stock whose economic benefits or certain shareholder rights are delayed or paid later than ordinary shares—for example, dividends may be paid only after other shareholders receive theirs, or voting or redemption rights may be postponed. For investors, that timing difference matters because deferred shares typically offer lower near-term income and different risk, affecting expected returns, priority in payouts, and the share’s market value; think of them like a delayed paycheck compared with a regular salary.

Single Incentive Plan financial

"awarded to the Reporting Person under the Company's Single Incentive Plan"

subject to forfeiture financial

"The deferred shares are subject to forfeiture and vest in five equal"

vest in five equal annual installments financial

"and vest in five equal annual installments, with the final installment"

underlying security financial

"underlying_security_title": "Ordinary Shares", "underlying_security_shares""

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did DRD report in this Form 4?

DRDGOLD LTD reported that an officer received an award of 76,769 deferred shares of DRDGOLD Limited under the company’s Single Incentive Plan, accepted on August 26, 2026, corresponding to the same number of underlying ordinary shares and subject to vesting and forfeiture conditions.

How many DRD deferred shares does the reporting officer hold after this transaction?

After the award, the reporting officer directly holds 160,903 deferred shares of DRDGOLD Limited. This total includes the newly awarded 76,769 deferred shares reported in the Form 4.

What is the vesting schedule for the 76,769 DRD deferred shares?

The 76,769 deferred shares vest in five equal annual installments, with the final installment vesting on August 12, 2031. Vesting is subject to the officer’s continued service with DRDGOLD Limited or its subsidiaries through each applicable vesting date.

Were the DRD deferred shares granted at a cash purchase price?

The Form 4 lists a transaction price per deferred share of $0.0000, indicating the award was a grant of compensation rather than a market purchase, made under DRDGOLD Limited’s Single Incentive Plan.

When was the DRD deferred share award granted and accepted?

The footnote states the deferred shares were awarded under DRDGOLD Limited’s Single Incentive Plan on August 12, 2026 and accepted by the reporting officer on August 26, 2026.

Is the DRD insider transaction reported under a Rule 10b5-1 trading plan?

No. The filing indicates the Rule 10b5-1 checkbox is not marked, and the transaction is described as an award of deferred shares under the Single Incentive Plan rather than a planned market trade.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/27/2026 - 10:33 AM EDT Accepted by SEC EDGAR 08/27/2026 - 10:33 AM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Gouws Henry

(Last) (First) (Middle)

CYCAD HOUSE, BUILDING 17, GROUND FLOOR

CNR 14TH AVENUE AND HENDRIK POTGIETER RD

(Street)

WELTEVREDEN PARK 1709

(City) (State) (Zip)

SOUTH AFRICA

(Country)

2. Issuer Name and Ticker or Trading Symbol
DRDGOLD LTD [ DRD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Head of Prod., Dir. of Ergo

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/26/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Deferred Shares	$0	08/26/2026		A		76,769		(1)	(1)	Ordinary Shares	76,769	$0	160,903	D

Explanation of Responses:

1. Consists of deferred shares of DRDGOLD Limited (the "Company") awarded to the Reporting Person under the Company's Single Incentive Plan on August 12, 2026 and accepted by the Reporting Person on August 26, 2026. The deferred shares are subject to forfeiture and vest in five equal annual installments, with the final installment vesting on August 12, 2031, subject to the Reporting Person's continued service to the Company or its subsidiaries through each applicable vesting date.

Remarks:

	/s/ Henry Gouws	08/27/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)