DRDGOLD COO sells 19,403 shares at $2.75

DRDGOLD’s chief operating officer exercised 19,403 vested deferred share awards and sold the resulting ordinary shares in a pooled transaction at about $2.75 per share.

Rhea-AI Filing Summary

DRDGOLD LTD (DRD) reports that Chief Operating Officer Jacobus Schoeman exercised equity awards and sold shares. On August 13, 2026, 19,403 Deferred Shares previously awarded under the Company’s Single Incentive Plan vested and were settled on a one-for-one basis into Ordinary Shares for no consideration. A pooled sale on Schoeman’s behalf then disposed of 19,403 Ordinary Shares on August 31 and September 1, 2026 at an average price of $2.7545 per share, converted from South African rand. Following related activity previously reported, Schoeman holds 166,169 Deferred Shares. No Rule 10b5-1 trading plan is indicated.

Insider Trade Summary

Exercise and sale activity reported; no spread calculated

Exercise and Sale 3 txns

Insider Schoeman Jacobus

Role Chief Operating Officer

Sold 19,403 shs ($53K)

Approx. gross sale proceeds $53K

Approx. exercise cost $0.00

Type	Security	Shares	Price	Value
Sale	Ordinary Shares F2, F3	19,403	$2.7545	$53K
Exercise	Deferred Shares F1, F4	19,403	$0.00	$0.00
Exercise	Ordinary Shares F1	19,403	$0.00	$0.00

Holdings After Transaction: Deferred Shares — 166,169 contracts (Direct); Ordinary Shares — 25,000 shares (Direct)

Footnotes (4)

1. F1. On August 13, 2026, 19,403 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 19,403 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 19,403 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: 19,403 shares Average sale price: $2.7545 per share Deferred Shares vested and settled: 19,403 shares +2 more

5 metrics

Ordinary Shares sold 19,403 shares Pooled sale on August 31 and September 1, 2026

Average sale price $2.7545 per share Converted from ZAR using exchange rate on transaction date

Deferred Shares vested and settled 19,403 shares Vested and converted to Ordinary Shares on August 13, 2026

Deferred Shares holdings after transaction 166,169 shares Reported as current Deferred Shares held in Table II, Column 9

Exercise or conversion price $0.00 per Deferred Share Deferred Shares settled into Ordinary Shares for no consideration

Key Terms

Deferred Shares, Single Incentive Plan, pooled sale, South African rand

4 terms

Deferred Shares financial

"19,403 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 rand financial

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

FAQ

What insider transaction did DRD’s chief operating officer report on this Form 4?

The chief operating officer, Jacobus Schoeman, reported the vesting and settlement of 19,403 Deferred Shares into Ordinary Shares on August 13, 2026, followed by the sale of 19,403 Ordinary Shares in a pooled transaction on August 31 and September 1, 2026.

How many DRD ordinary shares did the insider sell and at what price?

Jacobus Schoeman had 19,403 Ordinary Shares sold on his behalf at an average price of $2.7545 per share. The price was converted from South African rand using the South African Reserve Bank exchange rate in effect on the transaction date.

What happened to the 19,403 DRD deferred shares held by the chief operating officer?

On August 13, 2026, 19,403 Deferred Shares previously awarded under DRDGOLD’s Single Incentive Plan vested and were settled on a one-for-one basis into 19,403 Ordinary Shares for no cash consideration to the reporting person.

How many DRD deferred shares does the reporting person hold after these transactions?

After the reported transactions and a subsequent acquisition previously disclosed, the amount in Table II shows that Jacobus Schoeman holds 166,169 Deferred Shares, which the footnote states represents his current holdings of Deferred Shares.

Were the DRD share sales under a Rule 10b5-1 trading plan?

No. The filing’s Rule 10b5-1 checkbox is not marked as being made under such a plan, and the footnotes do not state that the transactions were executed pursuant to a Rule 10b5-1 trading plan.

In what currency was the DRD share sale originally executed?

The pooled sale of 19,403 Ordinary Shares was originally denominated in South African rand (ZAR). For reporting purposes, the price was converted into United States dollars using the South African Reserve Bank exchange rate on the transaction date.

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Available on EDGAR 09/03/2026 - 05:03 PM Accepted by SEC EDGAR 09/03/2026 - 04:57 PM 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^*

Schoeman Jacobus

(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)
	Chief Operating 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)

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		19,403(1)	A	$0	44,403	D
Ordinary Shares	09/01/2026		S		19,403(2)	D	$2.7545(3)	25,000	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			19,403(1)	(1)	(1)	Ordinary Shares	19,403	$0	166,169(4)	D

Explanation of Responses:

1. On August 13, 2026, 19,403 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 19,403 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 19,403 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/ Jacobus Schoeman	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)