[Form 4] IHS Holding Ltd Insider Trading Activity

Rhea-AI Filing Summary

IHS Holding Ltd EVP and Chief Financial Officer Stephen J. Howden reported an open-market sale of 39,612 Ordinary Shares at a weighted average price of $8.1741 per share. According to the notes, these shares were sold to cover taxes upon the vesting of restricted stock units under a mandatory Rule 10b5-1 trading instruction adopted on May 25, 2023. After the sale, Howden directly holds 309,847 Ordinary Shares.

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
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

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^*

Howden Stephen J

(Last) (First) (Middle)

1 CATHEDRAL PIAZZA

123 VICTORIA STREET

(Street)

LONDON SW1E 5BP

(City) (State) (Zip)

UNITED STATES

(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, Chief Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/18/2026

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	03/18/2026		S(1)		39,612	D	$8.1741(2)	309,847	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

Explanation of Responses:

1. Shares were sold to cover taxes upon the vesting of restricted stock units ("RSUs") pursuant to a mandatory Rule 10b5-1 trading instruction in the award agreement adopted by the Reporting Person on May 25, 2023 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.1423 to $8.20, inclusive.

	/s/ Steve Howden	03/20/2026
	** 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 insider transaction did IHS (IHS) disclose for its CFO?

IHS reported that EVP and Chief Financial Officer Stephen J. Howden sold 39,612 Ordinary Shares. The shares were sold in the open market to cover tax obligations tied to vesting restricted stock units under a mandatory Rule 10b5-1 instruction.

At what price did the IHS CFO sell shares in this Form 4 filing?

The IHS CFO’s sale used a weighted average price of $8.1741 per share. Footnotes state the transactions occurred in multiple trades, with prices ranging from $8.1423 to $8.20 per share, inclusive, during the reported date.

Why did the IHS CFO sell 39,612 shares according to the filing?

The Form 4 states the 39,612 shares were sold to cover taxes due upon vesting of restricted stock units. The sale followed a mandatory Rule 10b5-1 trading instruction contained in the award agreement adopted on May 25, 2023.

How many IHS shares does the CFO hold after this reported sale?

After the transaction, EVP and CFO Stephen J. Howden directly holds 309,847 Ordinary Shares of IHS Holding Ltd. This post-transaction balance is disclosed in the Form 4 as the total shares beneficially owned following the sale.

Was the IHS CFO’s share sale part of a pre-planned 10b5-1 arrangement?

Yes. The footnotes explain the tax-cover sale occurred under a mandatory Rule 10b5-1 trading instruction contained in the RSU award agreement, which the reporting person adopted on May 25, 2023 in accordance with Rule 10b5-1.