Super Group (NYSE: SGHC) CEO discloses RSU grants and share holdings

Rhea-AI Filing Summary

Super Group (SGHC) Ltd Chief Executive Officer Neal Menashe filed an initial Form 3 disclosing his equity holdings in the company. He holds 589,577 shares of common stock directly as of the filing date.

Footnotes detail several restricted stock unit grants. On March 1, 2026, he was granted 96,900 RSUs that vest in three equal installments on March 31, 2026, 2027, and 2028, and two separate grants of 326,130 RSUs each, one vesting annually from 2026–2028 and another vesting in tranches on March 31, 2029, 2030, and 2031. Earlier grants include 308,518 RSUs from March 1, 2025, vesting between 2028–2030, 48,554 RSUs from March 1, 2025 with remaining vesting dates in 2026 and 2027, and 122,550 RSUs granted on December 1, 2024 that vest on January 31, 2027. Upon vesting, each RSU is settleable one-for-one in common shares or in cash at the issuer’s election.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Menashe Neal

(Last) (First) (Middle)

C/O KINGSWAY HOUSE,

HAVILLAND STREET

(Street)

ST PETER PORT GY1 2QE

(City) (State) (Zip)

GUERNSEY

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
Super Group (SGHC) Ltd [ SGHC ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

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

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

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	589,577	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Unit (RSUs)	(1)	(1)	Common Stock	96,900	(1)	D
Restricted Stock Unit (RSUs)	(2)	(2)	Common Stock	326,130	(2)	D
Restricted Stock Unit (RSUs)	(3)	(3)	Common Stock	326,130	(3)	D
Restricted Stock Unit (RSUs)	(4)	(4)	Common Stock	308,518	(4)	D
Restricted Stock Unit (RSUs)	(5)	(5)	Common Stock	48,554	(5)	D
Restricted Stock Unit (RSUs)	(6)	(6)	Common Stock	122,550	(6)	D

Explanation of Responses:

1. On March 1, 2026, Super Group (SGHC) Limited (the "Issuer") granted 96,900 restricted stock units ("RSUs") to Mr. Menashe. The RSUs vest in three equal annual installments on March 31, 2026, March 31, 2027, and March 31, 2028. Upon vesting, the RSUs will be settled on a one-for-one basis in shares of the Issuer's common stock or the cash value thereof, at the election of the Issuer.

2. On March 1, 2026, the Issuer granted 326,130 restricted stock units ("RSUs") to Mr. Menashe. The RSUs vest in three equal annual installments on March 31, 2026, March 31, 2027, and March 31, 2028. Upon vesting, the RSUs will be settled on a one-for-one basis in shares of the Issuer's common stock or the cash value thereof, at the election of the Issuer.

3. On March 1, 2026, the Issuer granted 326,130 RSUs to Mr. Menashe. The RSUs vest one-half on March 31, 2029, and twenty- five per cent on each of March 31, 2030, and March 31, 2031. Upon vesting, the RSUs will be settled on a one-for-one basis in shares of the Issuer's common stock or the cash value thereof, at the election of the Issuer.

4. On March 1, 2025, the Issuer granted 308,518 RSUs to Mr. Menashe. The RSUs vest one-half on March 31, 2028, and twenty-five per cent on each of March 31, 2029, and March 31, 2030. Upon vesting, the RSUs will be settled on a one-for-one basis in shares of the Issuer's common stock or the cash value thereof, at the election of the Issuer.

5. On March 1, 2025, the Issuer granted 48,554 RSUs to Mr. Menashe. The RSUs vest in two remaining equal annual installments on March 31, 2026, and March 31, 2027. Upon vesting, the RSUs will be settled on a one-for-one basis in shares of the Issuer's common stock or the cash value thereof, at the election of the Issuer.

6. On December 1, 2024, the Issuer granted 122,550 RSUs to Mr. Menashe. The RSUs vest on January 31, 2027. Upon vesting, the RSUs will be settled on a one-for-one basis in shares of the Issuer's common stock or the cash value thereof, at the election of the Issuer.

	/s/ Neal Menashe	03/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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* Form 3: SEC 1473 (03-26)

FAQ

What does Neal Menashe’s Form 3 for Super Group (SGHC) show?

The Form 3 shows CEO Neal Menashe’s initial ownership in Super Group, including 589,577 common shares held directly and multiple restricted stock unit grants with vesting schedules stretching from 2026 through 2031, all settleable in shares or cash at the issuer’s election.

How many Super Group (SGHC) common shares does Neal Menashe hold directly?

Neal Menashe directly holds 589,577 shares of Super Group common stock. This direct holding is separate from his restricted stock units, which represent additional potential shares that may be delivered or paid in cash as they vest over future years.

What RSU grants did Super Group (SGHC) make to Neal Menashe in 2026?

On March 1, 2026, Super Group granted Neal Menashe three RSU awards: 96,900 units and two separate grants of 326,130 units each. These RSUs vest in scheduled installments between March 31, 2026 and March 31, 2031, subject to the specified annual vesting dates.

How do Neal Menashe’s Super Group (SGHC) RSUs vest over time?

His RSUs vest on defined future dates. Some grants vest annually in three equal installments from March 31, 2026 to March 31, 2028, while others vest half on a single date and the remaining quarters on later dates extending to March 31, 2031.

How will Neal Menashe’s Super Group (SGHC) RSUs be settled when they vest?

When the RSUs vest, they will be settled on a one-for-one basis in Super Group common shares or the cash value of those shares. The choice between stock and cash is at the election of the issuer rather than at the discretion of Neal Menashe.

What earlier RSU grants to Neal Menashe does the Super Group (SGHC) filing describe?

Earlier grants include 308,518 RSUs and 48,554 RSUs from March 1, 2025 and 122,550 RSUs from December 1, 2024. These awards vest on dates ranging from January 31, 2027 to March 31, 2030, according to their specific vesting schedules.