CFO of Sibanye Stillwater (NYSE: SBSW) buys 200,000 Ordinary Shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sibanye Stillwater Ltd Chief Financial Officer Charl Keyter reported an open-market purchase of 200,000 Ordinary Shares at about $2.24 per share, based on a price of ZAR 36.80 per share. Following this transaction, he holds 2,200,000 Ordinary Shares directly and 10,300 Ordinary Shares indirectly through his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 200,000 shares ($448,000)
Net Buy
2 txns
Insider
Keyter Charl
Role
Chief Financial Officer
Bought
200,000 shs ($448K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Ordinary Shares | 200,000 | $2.24 | $448K |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 2,200,000 shares (Direct, null);
Ordinary Shares — 10,300 shares (Indirect, By Spouse)
Footnotes (1)
- [object Object]
Key Figures
Shares purchased: 200,000 shares
USD purchase price: $2.24 per share
ZAR purchase price: ZAR 36.80 per share
+2 more
5 metrics
Shares purchased
200,000 shares
Open-market purchase of Ordinary Shares
USD purchase price
$2.24 per share
Converted from ZAR using SARB rate on transaction date
ZAR purchase price
ZAR 36.80 per share
Underlying transaction currency
Direct holdings after transaction
2,200,000 shares
Ordinary Shares held directly by CFO
Indirect holdings by spouse
10,300 shares
Ordinary Shares held indirectly through spouse
Key Terms
open-market purchase, Ordinary Shares, indirect, South African rand, +1 more
5 terms
open-market purchase financial
"reported an open-market purchase of 200,000 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.
indirect financial
"10,300 Ordinary Shares indirectly through his spouse"
South African rand financial
"transaction was denominated in South African rand at ZAR 36.80 per share"
exchange rate financial
"converted from ZAR using the South African Reserve Bank 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.
FAQ
What insider transaction did Sibanye Stillwater (SBSW) disclose for Charl Keyter?
Sibanye Stillwater disclosed that CFO Charl Keyter made an open-market purchase of 200,000 Ordinary Shares. The filing shows this as a direct acquisition, increasing his reported direct holdings to 2,200,000 shares after the transaction.
Was the Sibanye Stillwater (SBSW) CFO’s transaction a buy or a sell?
The Form 4 identifies the CFO’s transaction as an open-market purchase, coded “P” for a buy. It records acquisition of 200,000 Ordinary Shares rather than a sale, increasing his total directly held position in the company.
How is the foreign currency aspect handled in the Sibanye Stillwater (SBSW) Form 4?
The underlying purchase was executed in South African rand at ZAR 36.80 per share. For reporting, the share price was converted into U.S. dollars using the South African Reserve Bank’s exchange rate effective on the transaction date, yielding about $2.24 per share.