DRDGOLD CFO sells 22,687 shares in pooled sale
The vested awards were settled one-for-one, while 33,610 awards were forfeited after performance conditions were not fully satisfied.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
DRDGOLD Ltd (DRD) CFO and director Henriette Hooijer was named in a pooled sale of 22,687 ordinary shares on October 27, 2026, at a reported price of $2.4413 per share; the sale was denominated in ZAR, with an average sale price of ZAR 40.7170 per share. On October 25, 2026, 50,415 conditional share awards, representing 60% of awards granted October 25, 2023, vested and were settled one-for-one in ordinary shares for no consideration. The remaining 33,610 awards (40%) were forfeited without consideration after performance conditions were not fully satisfied. A separate holding entry lists 95,415 conditional share awards scheduled to vest October 22, 2027, subject to continued service and performance conditions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares F2, F3 | 22,687 | $2.4413 | $55K |
| Exercise | Conditional Share Awards F1 | 50,415 | $0.00 | $0.00 |
| Other | Conditional Share Awards F4 | 33,610 | $0.00 | $0.00 |
| Exercise | Ordinary Shares F1 | 50,415 | $0.00 | $0.00 |
| holding | Conditional Share Awards F5 | -- | -- | -- |
Footnotes (5)
- F1. On October 25, 2026, 50,415 conditional share awards ("Conditional Share Awards") of DRDGOLD Limited (the "Company") representing 60% of the Conditional Share Awards previously awarded to the Reporting Person on October 25, 2023 under the Company's Equity-settled Long Term Incentive Scheme vested, based on the Company's determination of the extent to which the applicable performance conditions were satisfied, and were settled on a one-for-one basis in Ordinary Shares for no consideration.
- F2. Represents 22,687 Ordinary Shares sold on behalf of the Reporting Person as part of a pooled sale conducted on October 27, 2026, following the vesting and settlement of Conditional Share Awards described in footnote 1.
- F3. The underlying transaction was denominated in South African rand ("ZAR"). For the purposes of this table, the price reported in United States dollars has been converted from ZAR using the South African Reserve Bank exchange rate in effect on the transaction date. The average sale price was ZAR 40.7170 per Ordinary Share.
- F4. Disposition represents the forfeiture, without consideration, of the remaining 40% of the Conditional Share Awards granted to the Reporting Person on October 25, 2023, as a result of the Company's determination that the applicable performance conditions were not fully satisfied.
- F5. Each Conditional Share Award represents a contingent right to receive one ordinary share of the Company. The Reporting Person was granted Conditional Share Awards under the Company's Equity-settled Long Term Incentive Scheme. The awards are scheduled to vest on October 22, 2027, subject to the Reporting Person's continued service to the Company or its subsidiaries and satisfaction of applicable performance conditions.
Key Figures
Key Terms
Equity-settled Long Term Incentive Scheme financial
pooled sale financial
performance conditions financial
one-for-one basis financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
AI-generated analysis. How Rhea-AI works. Not financial advice.