DRDGOLD officer sells 11,586 shares at $2.75

A DRDGOLD general manager exercised 11,586 deferred share awards into Ordinary Shares and sold the resulting shares in a pooled sale, while retaining 62,002 Deferred Shares.

Rhea-AI Filing Summary

DRDGOLD LTD (DRD) reports that officer Moloto Kgabo exercised 11,586 Deferred Shares on August 13, 2026, which vested under the Company’s Single Incentive Plan and were settled one-for-one into Ordinary Shares for no consideration. The same 11,586 Ordinary Shares were then sold in a pooled sale on August 31 and September 1, 2026 at an average price of $2.7545 per share, converted from ZAR 44.4764 per share. Following these transactions, Kgabo holds 62,002 Deferred Shares.

Insider Trade Summary

Exercise and sale activity reported; no spread calculated

Exercise and Sale 3 txns

Insider Moloto Kgabo

Role General Manager FWGR Ops.

Sold 11,586 shs ($32K)

Approx. gross sale proceeds $32K

Approx. exercise cost $0.00

Type	Security	Shares	Price	Value
Sale	Ordinary Shares F2, F3	11,586	$2.7545	$32K
Exercise	Deferred Shares F1, F4	11,586	$0.00	$0.00
Exercise	Ordinary Shares F1	11,586	$0.00	$0.00

Holdings After Transaction: Deferred Shares — 62,002 contracts (Direct); Ordinary Shares — 0 shares (Direct)

Footnotes (4)

1. F1. On August 13, 2026, 11,586 deferred shares of DRDGOLD Limited (the "Company") previously awarded to the Reporting Person under the Company's Single Incentive Plan (the "Deferred Shares") vested and were settled on a one-for-one basis in Ordinary Shares for no consideration.
2. F2. Represents 11,586 Ordinary Shares sold on behalf of the Reporting Person as part of a pooled sale conducted on August 31 and September 1, 2026, following the vesting and settlement of 11,586 Deferred Shares described in footnote 1.
3. 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 44.4764 per Ordinary Share.
4. F4. The amount reported in Table II, Column 9 reflects the subsequent acquisition of Deferred Shares previously reported on the Reporting Person's Form 4 filed on August 27, 2026 and represents the Reporting Person's current holdings of Deferred Shares.

Key Figures

Ordinary Shares sold: 11,586 shares Average sale price: $2.7545 per share Average sale price in ZAR: ZAR 44.4764 per share +3 more

6 metrics

Ordinary Shares sold 11,586 shares Sale of Ordinary Shares on August 31 and September 1, 2026

Average sale price $2.7545 per share Price reported in U.S. dollars, converted from ZAR, for Ordinary Shares sold

Average sale price in ZAR ZAR 44.4764 per share Average sale price for Ordinary Shares sold, before currency conversion

Deferred Shares vested 11,586 shares Deferred Shares vested and settled into Ordinary Shares on August 13, 2026

Deferred Shares held after transaction 62,002 shares Reported current holdings of Deferred Shares in Table II, Column 9

Net shares sold 11,586 shares Net buy/sell direction across reported transactions is net-sell of 11,586 shares

Key Terms

Deferred Shares, Single Incentive Plan, pooled sale, South African rand, +1 more

5 terms

Deferred Shares financial

"11,586 deferred shares of DRDGOLD Limited previously awarded to the Reporting Person"

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

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

pooled sale financial

"Ordinary Shares sold on behalf of the Reporting Person as part of a pooled sale"

South African rand financial

"underlying transaction was denominated in South African rand ("ZAR")"

exchange rate financial

"converted from ZAR using the South African Reserve Bank exchange rate"

Exchange rate is the price of one currency expressed in another—for example, how many euros you receive for one US dollar. It matters to investors because changes in that price alter the reported profits, costs and value of assets for companies and portfolios that operate or hold money across borders; think of it like switching measurement units, where the same item can look bigger or smaller depending on the unit used.

FAQ

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

What insider transaction did DRDGOLD (DRD) disclose for Moloto Kgabo?

Moloto Kgabo exercised 11,586 Deferred Shares into Ordinary Shares on August 13, 2026 and later sold 11,586 Ordinary Shares in a pooled sale on August 31 and September 1, 2026, as reported in this Form 4.

At what price were the DRDGOLD (DRD) shares sold in this Form 4?

The Form 4 reports an average sale price of $2.7545 per Ordinary Share, converted from an average price of ZAR 44.4764 per share using the South African Reserve Bank exchange rate in effect on the transaction date.

How many DRDGOLD (DRD) shares did Moloto Kgabo acquire through vesting?

On August 13, 2026, 11,586 Deferred Shares previously awarded to Moloto Kgabo vested and were settled on a one-for-one basis into 11,586 Ordinary Shares of DRDGOLD Limited for no consideration.

How many Deferred Shares of DRDGOLD (DRD) does Moloto Kgabo hold after these transactions?

After the reported transactions, Table II shows Moloto Kgabo with 62,002 Deferred Shares, reflecting current holdings of Deferred Shares associated with DRDGOLD Limited.

Were the reported DRDGOLD (DRD) insider sales under a Rule 10b5-1 trading plan?

The Form 4’s Rule 10b5-1 checkbox is not checked, and the footnotes do not state that the transactions were made pursuant to a Rule 10b5-1 trading plan.

What is Moloto Kgabo’s role at DRDGOLD (DRD) in this Form 4?

Moloto Kgabo is identified as an officer of DRDGOLD Limited with the title General Manager FWGR Ops. in the Form 4 reporting these transactions.

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

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Available on EDGAR 09/03/2026 - 05:06 PM EDT Accepted by SEC EDGAR 09/03/2026 - 05:00 PM 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^*

Moloto Kgabo

(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)
	General Manager FWGR Ops.

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/13/2026

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
Ordinary Shares	08/13/2026		M		11,586(1)	A	$0	11,586	D
Ordinary Shares	09/01/2026		S		11,586(2)	D	$2.7545(3)	0	D

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	08/13/2026		M			11,586(1)	(1)	(1)	Ordinary Shares	11,586	$0	62,002(4)	D

Explanation of Responses:

1. On August 13, 2026, 11,586 deferred shares of DRDGOLD Limited (the "Company") previously awarded to the Reporting Person under the Company's Single Incentive Plan (the "Deferred Shares") vested and were settled on a one-for-one basis in Ordinary Shares for no consideration.

2. Represents 11,586 Ordinary Shares sold on behalf of the Reporting Person as part of a pooled sale conducted on August 31 and September 1, 2026, following the vesting and settlement of 11,586 Deferred Shares described in footnote 1.

3. 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 44.4764 per Ordinary Share.

4. The amount reported in Table II, Column 9 reflects the subsequent acquisition of Deferred Shares previously reported on the Reporting Person's Form 4 filed on August 27, 2026 and represents the Reporting Person's current holdings of Deferred Shares.

Remarks:

	/s/ Kgabo Moloto	09/03/2026
	** 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)