STOCK TITAN

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.

(Neutral)
(Negative)
Form Type
4

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.

Positive

  • None.

Negative

  • None.
Insider Pretorius Daniel
Role Chief Executive Officer
Sold 35,537 shs ($98K)
Approx. gross sale proceeds $98K
Approx. exercise cost $0.00
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
Holdings After Transaction: Deferred Shares — 305,681 contracts (Direct); Ordinary Shares — 999,816 shares (Direct)
Footnotes (4)
  1. 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.
  2. 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.
  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.
Ordinary Shares sold 35,537 shares Pooled sale on August 31 and September 1, 2026 on behalf of the CEO
Average sale price (USD) $2.7545 per share Converted from ZAR using South African Reserve Bank exchange rate on transaction date
Average sale price (ZAR) ZAR 44.4764 per share Average sale price for the pooled sale of 35,537 Ordinary Shares
Deferred Shares vested and settled 35,537 shares Deferred Shares vested on August 13, 2026 and settled one-for-one into Ordinary Shares for no consideration
Deferred Shares held after transaction 305,681 shares Deferred Shares reported in Table II, Column 9 as the CEO’s current holdings
Deferred Shares financial
"35,537 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
"sold on behalf of the Reporting Person as part of a pooled sale"
South African Reserve Bank financial
"converted from ZAR using the South African Reserve Bank exchange rate"

FAQ

What insider transactions did DRD’s CEO Daniel Pretorius report in this Form 4?

Daniel Pretorius reported vesting of 35,537 Deferred Shares on August 13, 2026, which were settled one-for-one into Ordinary Shares for no consideration, followed by a pooled sale of 35,537 Ordinary Shares on August 31 and September 1, 2026.

How many DRDGOLD LTD (DRD) shares did the CEO sell and at what price?

The CEO had 35,537 Ordinary Shares sold on his behalf in a pooled sale on August 31 and September 1, 2026, at an average price of $2.7545 per share, which corresponds to ZAR 44.4764 per share using the South African Reserve Bank exchange rate.

What happened to the Deferred Shares of DRDGOLD LTD (DRD) reported in this filing?

On August 13, 2026, 35,537 Deferred Shares previously awarded under the Single Incentive Plan vested and were settled into 35,537 Ordinary Shares on a one-for-one basis for no consideration, reducing Deferred Shares and increasing Ordinary Shares held by the reporting person.

How many Deferred Shares of DRDGOLD LTD (DRD) does the CEO report holding after these transactions?

After the reported exercise transaction, the CEO reports holding 305,681 Deferred Shares, reflecting subsequent acquisitions of Deferred Shares previously disclosed in an earlier Form 4 filing dated August 27, 2026.

Were the DRDGOLD LTD (DRD) insider transactions executed under a Rule 10b5-1 trading plan?

No. The Form 4 indicates that no Rule 10b5-1 trading plan is affirmed for these transactions, and the footnotes do not describe any pre-arranged trading plan for the reported sales.

What is meant by a pooled sale in the DRDGOLD LTD (DRD) Form 4?

The filing explains that 35,537 Ordinary Shares were sold on behalf of the CEO as part of a pooled sale conducted on August 31 and September 1, 2026, meaning his shares were sold together with others in a combined transaction.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Pretorius Daniel

(Last)(First)(Middle)
CYCAD HOUSE, BUILDING 17, GROUND FLOOR
CNR 14TH AVENUE AND HENDRIK POTGIETER RD

(Street)
WELTEVREDEN PARK1709

(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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/13/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Ordinary Shares08/13/2026M35,537(1)A$01,035,353D
Ordinary Shares09/01/2026S35,537(2)D$2.7545(3)999,816D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Deferred Shares$008/13/2026M35,537(1) (1) (1)Ordinary Shares35,537$0305,681(4)D
Explanation of Responses:
1. 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.
2. 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.
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/ Daniel Pretorius09/03/2026
** Signature of Reporting PersonDate
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)