Equity award: IHS Holding (NYSE: IHS) officer granted 41,300 RSUs

Rhea-AI Filing Summary

Saad William reported acquisition or exercise transactions in this Form 4 filing.

IHS Holding Ltd reported that company officer William Saad received a grant of 41,300 restricted stock units (RSUs) on March 26, 2026. Each RSU represents a contingent right to receive one Ordinary Share, meaning the award ties his compensation to future share value.

The 41,300 RSUs will vest in three equal installments on March 26, 2027, March 26, 2028 and March 26, 2029, encouraging multi‑year retention. This is a compensation grant, not an open‑market share purchase or sale.

Insights

Equity compensation analyst

Routine multi‑year RSU grant with no open‑market trading signal.

IHS Holding Ltd granted officer William Saad 41,300 RSUs, each linked to one Ordinary Share. The grant is recorded at a price of $0.0000 per unit, consistent with stock-based compensation awards rather than cash purchases.

The RSUs vest in three equal annual installments on March 26, 2027, March 26, 2028 and March 26, 2029. This structure supports retention and aligns incentives over several years but does not involve any current cash transaction or open‑market trading.

After this grant, Saad holds 41,300 RSUs from this award, with no additional derivative positions shown. As a compensation-related acquisition under code A, it typically carries limited short‑term signaling value for investors compared with discretionary open‑market buys or sells.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Saad William

Role See Remarks

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	41,300	$0.00	--

Holdings After Transaction: Restricted Stock Units — 41,300 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^*

Saad William

(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)
	See Remarks

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		41,300		(2)	(2)	Ordinary Shares	41,300	$0	41,300	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.

Remarks:

EVP, Group Chief Operating Officer

	/s/ William Saad	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 insider transaction did IHS (IHS) report for William Saad?

IHS Holding Ltd reported a grant of 41,300 restricted stock units (RSUs) to officer William Saad. The award was made on March 26, 2026 as stock-based compensation, not as an open-market share purchase or sale.

How many RSUs did IHS (IHS) grant to officer William Saad and what do they represent?

IHS granted William Saad 41,300 restricted stock units. Each RSU represents a contingent right to receive one Ordinary Share of IHS Holding Ltd, directly linking the value of this compensation to the company’s future share performance.

When will the 41,300 RSUs granted by IHS (IHS) to William Saad vest?

The 41,300 RSUs will vest in three equal annual installments. Vesting occurs on March 26, 2027, March 26, 2028 and March 26, 2029, encouraging Saad’s continued service and alignment with shareholders over this multi‑year period.

Was the IHS (IHS) Form 4 for William Saad an open-market buy or sell?

No, the Form 4 reflects a compensation grant, not an open-market trade. The transaction is coded A for a grant or award acquisition of 41,300 RSUs at a recorded price of $0.0000 per unit, typical for equity compensation.

How many RSUs does William Saad hold in IHS (IHS) after this reported grant?

Following the reported transaction, Saad’s position from this award is 41,300 RSUs. These units will convert into Ordinary Shares only as they vest on the scheduled dates, subject to continued service and award terms.

What is the significance of the RSU vesting schedule for IHS (IHS) officer compensation?

The three-year vesting schedule ties Saad’s compensation to IHS’s long-term performance. Equal vesting on March 26 of 2027, 2028 and 2029 promotes retention and aligns his incentives with sustained shareholder value rather than short-term results.