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.
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 Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
3 txns
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)
- 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
Ordinary Shares sold: 35,537 shares
Average sale price (USD): $2.7545 per share
Average sale price (ZAR): ZAR 44.4764 per share
+2 more
5 metrics
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
Key Terms
Deferred Shares, Single Incentive Plan, pooled sale, South African Reserve Bank
4 terms
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.
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.