Lesaka Technologies (LSAK) director exits 1,762 shares via Crossfin sales

Rhea-AI Filing Summary

Lesaka Technologies director Sparrow Dean Chad, through Crossfin Holdings (RF) Pty Ltd., reported a series of open-market sales of Lesaka common stock. Between March 3 and March 13, 2026, Crossfin sold a total of 1,762 shares at prices between $4.66 and $4.80 per share, with trades executed in South African rand on the JSE and translated to U.S. dollars. Following these transactions, the filing shows zero shares indirectly held through Crossfin.

Insider Trade Summary

Net Seller: 1,762 shares ($8,416)

Net Sell 6 txns

Insider Sparrow Dean Chad

Role Director

Sold 1,762 shs ($8K)

Type	Security	Shares	Price	Value
Sale	Common Stock	110	$4.66	$512.60
Sale	Common Stock	6	$4.72	$28.32
Sale	Common Stock	963	$4.80	$5K
Sale	Common Stock	144	$4.72	$679.68
Sale	Common Stock	207	$4.73	$979.11
Sale	Common Stock	332	$4.80	$2K

Holdings After Transaction: Common Stock — 0 shares (Indirect, Crossfin Holdings (RF) Pty Ltd.)

Footnotes (1)

1. The underlying transaction is denominated in ZAR and were executed through the trading system of the JSE Limited. The amount reported in United States dollars is based on the exchange rate in effect on the date of the transaction. The sale price for each transaction reported here was ZAR 78.54 per share. Shares held indirectly through Crossfin Holdings (RF) Pty Ltd..

Key Figures

Total shares sold: 1,762 shares Lowest sale price: $4.66/share Highest sale price: $4.80/share +3 more

6 metrics

Total shares sold 1,762 shares Aggregate insider sales of common stock in March 2026

Lowest sale price $4.66/share Open-market sale on March 13, 2026

Highest sale price $4.80/share Open-market sales on March 3 and March 11, 2026

Post-transaction holdings 0 shares Indirect holdings through Crossfin after final sale

ZAR sale price ZAR 78.54/share Underlying per-share price on JSE for each transaction

Number of sale transactions 6 transactions Individual open-market sales between March 3–13, 2026

Key Terms

open-market sale, indirect ownership, Common Stock, trading system of the JSE Limited, +1 more

5 terms

open-market sale financial

"transaction_action: "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

indirect ownership financial

"ownership_type: "indirect" and nature_of_ownership: "Crossfin Holdings (RF) Pty Ltd.""

Common Stock financial

"security_title: "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

trading system of the JSE Limited financial

"executed through the trading system of the JSE Limited"

exchange rate financial

"amount reported in United States dollars is based on the exchange rate"

Exchange rate is the price of one currency expressed in another—for example, how many euros you receive for one US dollar. It matters to investors because changes in that price alter the reported profits, costs and value of assets for companies and portfolios that operate or hold money across borders; think of it like switching measurement units, where the same item can look bigger or smaller depending on the unit used.

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^*

Sparrow Dean Chad

(Last) (First) (Middle)

PRESIDENT PLACE, 4TH FLOOR

CNR JAN SMUTS AVENUE AND BOLTON ROAD

(Street)

ROSEBANK, JOHANNESBURG FC

(City) (State) (Zip)

SOUTH AFRICA

(Country)

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
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/06/2026

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
Common Stock	03/03/2026		S		332	D	$4.8(1)	1,430	I(2)	Crossfin Holdings (RF) Pty Ltd.
Common Stock	03/06/2026		S		207	D	$4.73(1)	1,223	I(2)	Crossfin Holdings (RF) Pty Ltd.
Common Stock	03/09/2026		S		144	D	$4.72(1)	1,079	I(2)	Crossfin Holdings (RF) Pty Ltd.
Common Stock	03/11/2026		S		963	D	$4.8(1)	116	I(2)	Crossfin Holdings (RF) Pty Ltd.
Common Stock	03/12/2026		S		6	D	$4.72(1)	110	I(2)	Crossfin Holdings (RF) Pty Ltd.
Common Stock	03/13/2026		S		110	D	$4.66(1)	0	I(2)	Crossfin Holdings (RF) Pty Ltd.

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. The underlying transaction is denominated in ZAR and were executed through the trading system of the JSE Limited. The amount reported in United States dollars is based on the exchange rate in effect on the date of the transaction. The sale price for each transaction reported here was ZAR 78.54 per share.

2. Shares held indirectly through Crossfin Holdings (RF) Pty Ltd..

	/s/ Dean C. Sparrow	03/30/2026
	** 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 activity did Lesaka Technologies (LSAK) report in this Form 4?

Lesaka Technologies reported that director Sparrow Dean Chad, via Crossfin Holdings (RF) Pty Ltd., completed open-market sales totaling 1,762 shares of common stock between March 3 and March 13, 2026, and no shares remain indirectly held after these trades.

How many Lesaka Technologies (LSAK) shares were sold and over what period?

The Form 4 shows a total sale of 1,762 shares of Lesaka common stock. These transactions occurred on multiple days from March 3 through March 13, 2026, reflecting several small open-market sales rather than a single large block trade.

At what prices were the Lesaka Technologies (LSAK) shares sold in this Form 4?

The reported open-market sales occurred at U.S. dollar prices between $4.66 and $4.80 per share. Footnotes explain that each trade was executed at ZAR 78.54 per share on the JSE, then converted to dollars using the exchange rate on each transaction date.

Who actually held and sold the Lesaka Technologies (LSAK) shares reported for Sparrow Dean Chad?

The shares were held and sold indirectly through Crossfin Holdings (RF) Pty Ltd.. The Form 4 notes that the common stock was held by Crossfin, indicating the ownership was reported as indirect for Sparrow Dean Chad rather than directly in his personal name.

How many Lesaka Technologies (LSAK) shares does the filing show after the reported insider sales?

After completing the series of open-market sales totaling 1,762 shares, the Form 4 indicates that zero shares of Lesaka common stock remain indirectly held through Crossfin Holdings (RF) Pty Ltd., based on the "total shares following transaction" fields.

On which exchange were the Lesaka Technologies (LSAK) insider trades executed?

The footnotes state that the underlying transactions were executed through the trading system of the JSE Limited. Each sale was priced at ZAR 78.54 per share, with the reported U.S. dollar amounts derived from the exchange rate in effect on each transaction date.