IHS Holding (NYSE: IHS) awards 32,958 RSUs to Nigeria CEO

Rhea-AI Filing Summary

Darwish Mohamad reported acquisition or exercise transactions in this Form 4 filing.

IHS Holding Ltd granted EVP and IHS Nigeria CEO Mohamad Darwish 32,958 restricted stock units (RSUs) on March 26, 2026 as equity-based compensation. Each RSU represents one ordinary share and will vest in three equal installments on March 26, 2027, March 26, 2028, and March 26, 2029, encouraging longer-term retention.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Darwish Mohamad

Role EVP, IHS Nigeria CEO

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	32,958	$0.00	--

Holdings After Transaction: Restricted Stock Units — 32,958 shares (Direct)

Footnotes (1)

1. Each restricted stock unit ("RSU") represents a contingent right to receive one Ordinary Share. The RSUs will vest in three equal installments on March 26, 2027, March 26, 2028 and March 26, 2029.

Form 4 Insider Transactions: What Each Field Means →

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^*

Darwish Mohamad

(Last) (First) (Middle)

1 CATHEDRAL PIAZZA

123 VICTORIA STREET

(Street)

LONDON SW1E 5BP

(City) (State) (Zip)

UNITED KINGDOM

(Country)

2. Issuer Name and Ticker or Trading Symbol
IHS Holding Ltd [ IHS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, IHS Nigeria CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/26/2026

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

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
Restricted Stock Units	(1)	03/26/2026		A		32,958		(2)	(2)	Ordinary Shares	32,958	$0	32,958	D

Explanation of Responses:

1. Each restricted stock unit ("RSU") represents a contingent right to receive one Ordinary Share.

2. The RSUs will vest in three equal installments on March 26, 2027, March 26, 2028 and March 26, 2029.

	/s/ Mohamad Darwish	03/27/2026
	** 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)

FAQ

What did the IHS (IHS) Form 4 filing report for Mohamad Darwish?

The Form 4 reports that Mohamad Darwish received a grant of 32,958 restricted stock units. These RSUs are compensation-based awards that convert into ordinary shares over time, aligning his interests with long-term company performance and shareholder value as they vest.

How many RSUs did IHS grant to its Nigeria CEO in this filing?

IHS granted 32,958 restricted stock units to its EVP and IHS Nigeria CEO. Each RSU represents a contingent right to receive one ordinary share, providing equity exposure that will materialize only as the units vest over the specified future dates.

When will the 32,958 IHS RSUs granted to Mohamad Darwish vest?

The 32,958 RSUs will vest in three equal installments on March 26, 2027, March 26, 2028, and March 26, 2029. This multi-year vesting schedule is designed to promote continued service and long-term alignment with IHS Holding Ltd’s business objectives.

Does the IHS (IHS) Form 4 show an open-market stock purchase or sale?

No, the Form 4 shows a grant of restricted stock units, not an open-market trade. The transaction is coded as a grant or award acquisition, meaning the insider received equity compensation rather than buying or selling existing shares in the public market.

What does each IHS restricted stock unit represent in this Form 4?

Each restricted stock unit represents a contingent right to receive one ordinary share of IHS Holding Ltd. The units themselves are not shares until they vest, at which point they can convert into ordinary shares according to the disclosed vesting schedule.

How many IHS RSUs does Mohamad Darwish hold after this transaction?

After this grant, Mohamad Darwish holds 32,958 restricted stock units directly. These units are subject to the three-year vesting schedule, meaning they will convert into ordinary shares only as each annual installment vests on the specified future dates.