DRDGOLD CEO sells 35,537 shares at $2.75
DRDGOLD LTD’s CEO exercised 35,537 vested Deferred Shares into Ordinary Shares and later sold the same number in a pooled sale at an average price of $2.7545 per share.
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Rhea-AI Filing Summary
DRDGOLD LTD (DRD) insider Daniel Pretorius, the Chief Executive Officer and a director, reported transactions involving 35,537 shares linked to previously awarded Deferred Shares. On August 13, 2026, 35,537 Deferred Shares vested and were settled one-for-one into Ordinary Shares for no consideration, and a pooled sale of 35,537 Ordinary Shares was later conducted on August 31 and September 1, 2026 at an average price of $2.7545 per share equivalent to ZAR 44.4764. No Rule 10b5-1 trading plan is reported.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares F2, F3 | 35,537 | $2.7545 | $98K |
| Exercise | Deferred Shares F1, F4 | 35,537 | $0.00 | $0.00 |
| Exercise | Ordinary Shares F1 | 35,537 | $0.00 | $0.00 |
Footnotes (4)
- F1. On August 13, 2026, 35,537 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.
- F2. Represents 35,537 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 35,537 Deferred Shares 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 44.4764 per Ordinary Share.
- 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
Key Terms
Single Incentive Plan financial
pooled sale financial
South African Reserve Bank financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did DRD’s CEO Daniel Pretorius report in this Form 4?
Were the DRDGOLD LTD (DRD) insider transactions executed under a Rule 10b5-1 trading plan?
What is meant by a pooled sale in the DRDGOLD LTD (DRD) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.