Lesaka Technologies (LSAK) chair buys 32,000 shares in open market

Rhea-AI Filing Summary

Lesaka Technologies Inc Executive Chairman Ali Mazanderani reported an open-market purchase of 32,000 shares of common stock at a price of $4.6900 per share on March 4, 2026. Following this transaction, he directly owned 2,448,538 common 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

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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).

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^*

Mazanderani Ali

(Last) (First) (Middle)

PRESIDENT PLACE, 4TH FLOOR

CNR JAN SMUTS AVENUE AND BOLTON ROAD

(Street)

ROSEBANK, JOHANNESBURG T3 FC

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
LESAKA TECHNOLOGIES INC [ LSAK ]

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

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Executive Chairman

3. Date of Earliest Transaction (Month/Day/Year)
03/04/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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
Common Stock	03/04/2026		P		32,000	A	$4.69	2,448,538	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:

	/s/ Ali Mazanderani	03/05/2026
	** 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.

FAQ

What insider transaction did Lesaka Technologies (LSAK) report for Ali Mazanderani?

Lesaka Technologies reported that Executive Chairman Ali Mazanderani bought 32,000 common shares in an open-market transaction. The shares were acquired at $4.6900 per share on March 4, 2026, increasing his direct ownership stake.

How many Lesaka Technologies (LSAK) shares does Ali Mazanderani own after this trade?

After the reported transaction, Ali Mazanderani directly owned 2,448,538 shares of Lesaka Technologies common stock. This figure reflects his holdings as of the Form 4 filing, including the 32,000 shares purchased on March 4, 2026.

Was the Lesaka Technologies (LSAK) insider trade a purchase or a sale?

The insider trade by Executive Chairman Ali Mazanderani was a purchase. He acquired 32,000 common shares of Lesaka Technologies in an open-market transaction coded “P,” at a price of $4.6900 per share.

At what price did Ali Mazanderani buy Lesaka Technologies (LSAK) shares?

Ali Mazanderani bought Lesaka Technologies common stock at an average price of $4.6900 per share. The Form 4 indicates this price for the 32,000 shares purchased in an open-market transaction on March 4, 2026.

What is the transaction code for the latest Lesaka Technologies (LSAK) insider trade?

The transaction involving Ali Mazanderani uses code “P”, which indicates a purchase in the open market or a private transaction. In this case, he bought 32,000 common shares of Lesaka Technologies at $4.6900 per share.

Is Ali Mazanderani’s ownership in Lesaka Technologies (LSAK) direct or indirect?

According to the Form 4, Ali Mazanderani’s reported holdings of 2,448,538 common shares are classified as direct ownership. The transaction is marked with ownership code “D,” and no indirect ownership nature is described in the filing data.