How was the Sasol (SSL) share sale price converted from rand to dollars?

The sale was executed in South African rand and converted to U.S. dollars using an exchange rate of ZAR 16.4093 to $1.00 as of May 11, 2026. The reported $13.1431 price is based on this conversion.

Sasol (NYSE: SSL) EVP sells shares to cover taxes on vesting

Filing Impact

(Neutral)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Sasol Limited executive Sarushen Dhanapalan Pillay reported compensation-related share movements. On May 11, 2026, he sold 2,182 Ordinary Shares at a weighted-average price of $13.1431 per share in an open-market transaction to satisfy tax obligations arising from vesting of performance-based restricted stock units.

On the same date, he acquired 2,318 Ordinary Shares at no cost upon certification of performance conditions for awards granted under the Sasol 2022 Long-Term Incentive Plan. Following these transactions, he directly held 18,495 Ordinary Shares of Sasol.

Insider Trade Summary

Net Seller: 2,182 shares ($28,678)

Net Sell 2 txns

Insider Pillay Sarushen Dhanapalan

Role EVP, Business Building

Sold 2,182 shs ($29K)

Type	Security	Shares	Price	Value
Grant/Award	Ordinary Shares	2,318	$0.00	--
Sale	Ordinary Shares	2,182	$13.1431	$29K

Holdings After Transaction: Ordinary Shares — 18,495 shares (Direct, null)

Footnotes (1)

Ordinary Shares acquired upon the certification of performance conditions applicable to performance-based restricted stock units granted to the reporting person pursuant to the Sasol 2022 Long-Term Incentive Plan (the "Plan"). The reporting person sold 2,182 Ordinary Shares upon the vesting of performance-based restricted stock units granted to the reporting person pursuant to the Plan to satisfy tax obligations incurred upon vesting. The price reported in Column 4 is a weighted-average price. These Ordinary Shares were sold in a series of transactions at prices ranging from $12.9177 to $13.3552 inclusive. The reporting person undertakes to provide Sasol Limited, any security holder of Sasol Limited or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Ordinary Shares sold at each separate price within the range set forth in this footnote. The sale was made in South African Rand, and the price was converted into US dollars based on the foreign currency exchange rate as of May 11, 2026 (at South African Rand 16.4093 = 1.0 US dollar ).

Key Figures

Shares sold: 2,182 shares Sale price (weighted-average): $13.1431 per share Sale price range: $12.9177–$13.3552 per share +3 more

6 metrics

Shares sold 2,182 shares Ordinary Shares sold on May 11, 2026

Sale price (weighted-average) $13.1431 per share Open-market sale on May 11, 2026

Sale price range $12.9177–$13.3552 per share Range of prices for sold shares

Shares acquired 2,318 shares Award upon certification of performance conditions

Post-transaction holdings 18,495 shares Ordinary Shares directly held after transactions

FX rate ZAR 16.4093 = $1.00 Conversion rate used for sale price on May 11, 2026

Key Terms

performance-based restricted stock units, Sasol 2022 Long-Term Incentive Plan, weighted-average price, foreign currency exchange rate

4 terms

performance-based restricted stock units financial

"Ordinary Shares acquired upon the certification of performance conditions applicable to performance-based restricted stock units granted to the reporting person..."

Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.

Sasol 2022 Long-Term Incentive Plan financial

"…restricted stock units granted to the reporting person pursuant to the Sasol 2022 Long-Term Incentive Plan (the "Plan")."

weighted-average price financial

"The price reported in Column 4 is a weighted-average price."

foreign currency exchange rate financial

"The sale was made in South African Rand, and the price was converted into US dollars based on the foreign currency exchange rate..."

The foreign currency exchange rate is the price of one country’s money expressed in another country’s money — like a price tag that tells you how many units of one currency you get for one unit of another. Investors care because this rate changes the value of overseas sales, costs, assets and debts when converted back into their home currency, affecting profits, valuations and the return on international investments.

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Form 4 Insider Transactions: What Each Field Means →

05/15/2026 - 04:24 PM

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^*

Pillay Sarushen Dhanapalan

(Last)

(First)

(Middle)

SASOL PLACE

50 KATHERINE STREET

(Street)

SANDTON

2196

(City)

(State)

(Zip)

SOUTH AFRICA

(Country)

2. Issuer Name and Ticker or Trading Symbol
SASOL LTD [ SSL ]

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

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	EVP, Business Building

2a. Foreign Trading Symbol
[SOL]

3. Date of Earliest Transaction (Month/Day/Year)
05/11/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Ordinary Shares	05/11/2026		A		2,318	A	⁽¹⁾	18,495	D
Ordinary Shares	05/11/2026		S⁽²⁾		2,182	D	$13.1431⁽³⁾⁽⁴⁾	16,313	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Ordinary Shares acquired upon the certification of performance conditions applicable to performance-based restricted stock units granted to the reporting person pursuant to the Sasol 2022 Long-Term Incentive Plan (the "Plan").

2. The reporting person sold 2,182 Ordinary Shares upon the vesting of performance-based restricted stock units granted to the reporting person pursuant to the Plan to satisfy tax obligations incurred upon vesting.

3. The price reported in Column 4 is a weighted-average price. These Ordinary Shares were sold in a series of transactions at prices ranging from $12.9177 to $13.3552 inclusive. The reporting person undertakes to provide Sasol Limited, any security holder of Sasol Limited or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Ordinary Shares sold at each separate price within the range set forth in this footnote.

4. The sale was made in South African Rand, and the price was converted into US dollars based on the foreign currency exchange rate as of May 11, 2026 (at South African Rand 16.4093 = 1.0 US dollar ).

Remarks:

Helaine Joubert is signing on behalf of the Reporting Person pursuant to the power of attorney dated February 20, 2026, which is attached hereto as an exhibit. Exhibit 24.1 - Power of Attorney.

	/s/ Helaine Joubert, as Attorney-in-Fact for Sarushen Pillay	05/15/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What did Sasol (SSL) EVP Sarushen Pillay report in this Form 4?

Sasol EVP Sarushen D. Pillay reported selling 2,182 Ordinary Shares and receiving 2,318 shares as an equity award. Both transactions relate to performance-based restricted stock units under Sasol’s 2022 Long-Term Incentive Plan.

How many Sasol (SSL) shares did the EVP sell and at what price?

He sold 2,182 Ordinary Shares at a weighted-average price of $13.1431 per share. The sales occurred in multiple trades between $12.9177 and $13.3552, according to the Form 4 footnotes.

Why did the Sasol (SSL) executive sell 2,182 Ordinary Shares?

The 2,182 Ordinary Shares were sold to satisfy tax obligations triggered when performance-based restricted stock units vested. This type of sale is a common mechanism to cover tax liabilities on equity compensation awards.

What shares did the Sasol (SSL) EVP acquire in this filing?

He acquired 2,318 Ordinary Shares at no cost when performance conditions for performance-based restricted stock units were certified. These awards were granted under the Sasol 2022 Long-Term Incentive Plan and converted into shares upon meeting performance criteria.

How many Sasol (SSL) shares does Sarushen Pillay hold after these transactions?

After the reported transactions, Sarushen D. Pillay directly holds 18,495 Ordinary Shares of Sasol. This figure reflects both the sale to cover taxes and the shares received from the performance-based equity award.