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Insider at Sibanye Stillwater (NYSE: SBSW) buys 11,865 shares in open market

Filing Impact
(Neutral)
Filing Sentiment
(Positive)
Form Type
4

Rhea-AI Filing Summary

Sibanye Stillwater Ltd Chief People & Culture Officer Themba George Nkosi made an open-market purchase of 11,865 Ordinary Shares on March 31, 2026 at an average price of $2.91 per share, based on a ZAR 49.72 price. Following this transaction, he directly owns 242,248 shares.

Positive

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Negative

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Insider Nkosi Themba George
Role Chief People & Culture Officer
Bought 11,865 shs ($35K)
Type Security Shares Price Value
Purchase Ordinary Shares 11,865 $2.91 $35K
Holdings After Transaction: Ordinary Shares — 242,248 shares (Direct)
Footnotes (1)
  1. [object Object]
Shares purchased 11,865 shares Open-market purchase on March 31, 2026
Purchase price $2.91 per share Average price in USD for Ordinary Shares
Post-transaction holdings 242,248 shares Direct ownership after the transaction
ZAR purchase price ZAR 49.72 per share Original price in South African rand
open-market purchase financial
"transaction_action": "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Ordinary Shares financial
""security_title": "Ordinary Shares""
Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.
South African Reserve Bank financial
"using the South African Reserve Bank exchange rate in effect on the transaction date"
SEC Form 4
FORM 4UNITED 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*
Nkosi Themba George

(Last)(First)(Middle)
CNR 14TH AVE & HENDRIK POTIETER
BRIDGEVIEW HSE, BLD 11, CONSTANTIA OFF.

(Street)
WELTEVREDEN PARK1709

(City)(State)(Zip)

SOUTH AFRICA

(Country)
2. Issuer Name and Ticker or Trading Symbol
Sibanye Stillwater Ltd [ SBSW ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief People & Culture Officer
2a. Foreign Trading Symbol
[SSW]
3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Ordinary Shares03/31/2026P11,865A$2.91(1)242,248D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The underlying transaction was denominated in South African rand ("ZAR"). For the purposes of this table, the amount reported in United States dollars has been converted from ZAR using the South African Reserve Bank exchange rate in effect on the transaction date. The per share purchase price was ZAR 49.72.
Remarks:
/s/ Themba George Nkosi04/01/2026
** Signature of Reporting PersonDate
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 Sibanye Stillwater (SBSW) report for Themba George Nkosi?

Sibanye Stillwater reported that Chief People & Culture Officer Themba George Nkosi executed an open-market purchase of 11,865 Ordinary Shares on March 31, 2026. The transaction increased his direct shareholding to 242,248 shares in total.

At what price did the Sibanye Stillwater (SBSW) officer buy shares?

Themba George Nkosi purchased Sibanye Stillwater Ordinary Shares at an average price of $2.91 per share. This dollar amount was derived from a ZAR 49.72 per share purchase price using the South African Reserve Bank exchange rate on the transaction date.

How many Sibanye Stillwater (SBSW) shares does Themba George Nkosi now hold?

After the reported transaction, Chief People & Culture Officer Themba George Nkosi directly holds 242,248 Ordinary Shares of Sibanye Stillwater. This total reflects his new position following the open-market purchase of 11,865 shares on March 31, 2026.

Was the Sibanye Stillwater (SBSW) insider trade a purchase or a sale?

The reported insider trade was a purchase. Themba George Nkosi conducted an open-market purchase of 11,865 Sibanye Stillwater Ordinary Shares, as indicated by transaction code P and the transaction classification as a buy in the filing data.

In what currency was the Sibanye Stillwater (SBSW) insider transaction originally priced?

The underlying transaction was originally priced in South African rand (ZAR), at ZAR 49.72 per share. For reporting purposes, the amount was converted into United States dollars using the South African Reserve Bank exchange rate effective on the transaction date.