Director Richard Menell buys Sibanye Stillwater (SBSW) shares in open market

Rhea-AI Filing Summary

Sibanye Stillwater Ltd director Richard Peter Menell reported an open-market purchase of 15,000 Ordinary Shares on June 30, 2026. The shares were bought at $2.19 per share, with the underlying transaction priced at ZAR 35.95 per share using the South African Reserve Bank exchange rate on the trade date.

Following this transaction, Menell directly holds 25,125 Ordinary Shares. He also directly holds 2,500 American Depositary Shares, with each ADS representing four Ordinary Shares.

Insider Trade Summary

Net Buyer: 15,000 shares ($32,850)

Net Buy 2 txns

Insider Menell Richard Peter

Role null

Bought 15,000 shs ($33K)

Type	Security	Shares	Price	Value
Purchase	Ordinary Shares	15,000	$2.19	$33K
holding	American Depositary Shares	--	--	--

Holdings After Transaction: Ordinary Shares — 25,125 shares (Direct, null); American Depositary Shares — 2,500 shares (Direct, null)

Footnotes (1)

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 35.95. Each American Depositary Share represents four ordinary shares of the Issuer.

Key Figures

Shares purchased: 15,000 Ordinary Shares Purchase price: $2.19 per share Post-transaction ordinary holdings: 25,125 Ordinary Shares +2 more

5 metrics

Shares purchased 15,000 Ordinary Shares Open-market purchase on June 30, 2026

Purchase price $2.19 per share Price for Ordinary Shares on June 30, 2026

Post-transaction ordinary holdings 25,125 Ordinary Shares Directly held after June 30, 2026 transaction

ADS holdings 2,500 American Depositary Shares Directly held; each ADS represents four Ordinary Shares

Rand purchase price ZAR 35.95 per share Underlying transaction price in South African rand

Key Terms

American Depositary Shares, open-market purchase, South African rand, exchange rate

4 terms

American Depositary Shares financial

"Each American Depositary Share represents four ordinary shares of the Issuer."

American depositary shares (ADSs) are a way for investors in the United States to buy shares of foreign companies without dealing with international markets directly. They represent ownership in a foreign company's stock and are traded on U.S. stock exchanges, making it easier for American investors to buy, sell, and own parts of companies from around the world.

open-market purchase financial

"transaction_action is described as an open-market purchase of Ordinary Shares."

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.

South African rand financial

"The underlying transaction was denominated in South African rand ("ZAR")."

exchange rate financial

"converted from ZAR using the South African Reserve Bank exchange rate in effect on the transaction date."

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.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/01/2026 - 06:16 AM Accepted by SEC EDGAR 07/01/2026 - 06:16 AM Learn about SEC filing dates

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^*

Menell Richard Peter

(Last) (First) (Middle)

CNR 14TH AVE & HENDRIK POTIETER

BRIDGEVIEW HSE, BLD 11, CONSTANTIA OFF.

(Street)

WELTEVREDEN PARK 1709

(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)

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

2a. Foreign Trading Symbol
[SSW]

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026

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
Ordinary Shares	06/30/2026		P		15,000	A	$2.19(1)	25,125	D
American Depositary Shares(2)								2,500	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:

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 35.95.

2. Each American Depositary Share represents four ordinary shares of the Issuer.

Remarks:

	/s/ Richard Peter Menell	07/01/2026
	** 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 Sibanye Stillwater (SBSW) director Richard Menell report?

Director Richard Peter Menell reported an open-market purchase of 15,000 Ordinary Shares of Sibanye Stillwater Ltd. The transaction took place on June 30, 2026, and was disclosed in a Form 4 insider trading report filed with regulators.

At what price did Richard Menell buy Sibanye Stillwater (SBSW) shares?

Richard Menell bought 15,000 Ordinary Shares at a price of $2.19 per share. The underlying trade was denominated in South African rand at ZAR 35.95 per share, converted using the South African Reserve Bank exchange rate on the transaction date.

How many Sibanye Stillwater (SBSW) shares does Richard Menell hold after this transaction?

After the June 30, 2026 transaction, Richard Menell directly holds 25,125 Ordinary Shares of Sibanye Stillwater Ltd. He also directly holds 2,500 American Depositary Shares, which represent additional exposure to the company’s equity beyond the ordinary shares.

What type of security did Richard Menell acquire in the Sibanye Stillwater (SBSW) Form 4 filing?

In the Form 4 filing, Richard Menell acquired Ordinary Shares of Sibanye Stillwater Ltd. The report also shows a position in American Depositary Shares, which are U.S.-traded instruments each representing four of the company’s ordinary shares.

When did the reported Sibanye Stillwater (SBSW) insider share purchase occur?

The reported insider share purchase occurred on June 30, 2026. On that date, director Richard Menell executed an open-market transaction to buy 15,000 Ordinary Shares of Sibanye Stillwater Ltd at a reported price of $2.19 per share.