Was the Super Group (SGHC) CFO’s share sale part of a trading plan or for taxes only?

The filing states the CFO sold 51,104 Super Group shares solely to satisfy tax withholding obligations from RSU vesting on March 31, 2026. There is no reference to a Rule 10b5-1 trading plan; the context presented is tax-related rather than discretionary selling.

Super Group CFO settles RSUs, sells shares

Super Group (SGHC) Ltd Chief Financial Officer Alinda Van Wyk settled multiple restricted stock unit (RSU) awards into common stock and sold shares to cover taxes.

Filing Impact

(Very High)

Filing Sentiment

(Negative)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Form Type

Rhea-AI Filing Summary

Super Group (SGHC) Ltd Chief Financial Officer Alinda Van Wyk settled multiple restricted stock unit (RSU) awards into common stock and sold shares to cover taxes. On March 31, 2026, 16,150, 48,649 and 47,543 RSUs were settled on a one-for-one basis into common stock. On April 8, 2026, she sold 51,104 common shares at $10.71 per share solely to satisfy tax withholding obligations related to the RSU vesting. After these transactions, she directly holds 78,837 common shares, with additional RSUs scheduled to vest in equal annual installments on March 31, 2027 and March 31, 2028.

Insider Trade Summary

Exercise and sale activity reported; no spread calculated

Exercise and Sale 7 txns

Insider Van Wyk Alinda

Role Chief Financial Officer

Sold 51,104 shs ($547K)

Approx. gross sale proceeds $547K

Approx. exercise cost $0.00

Type	Security	Shares	Price	Value
Sale	Common Stock	51,104	$10.71	$547K
Exercise	Restricted Stock Units (RSUs)	16,150	$0.00	$0.00
Exercise	Restricted Stock Units (RSUs)	48,649	$0.00	$0.00
Exercise	Restricted Stock Units (RSUs)	47,543	$0.00	$0.00
Exercise	Common Stock	16,150	$0.00	$0.00
Exercise	Common Stock	48,649	$0.00	$0.00
Exercise	Common Stock	47,543	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units (RSUs) — 177,142 contracts (Direct); Common Stock — 78,837 shares (Direct)

Footnotes (4)

F1. On March 1, 2026, Super Group (SGHC) Limited (the "Issuer") granted 48,450 restricted stock units ("RSUs") to Ms. Van Wyk, 16,150 of which has been settled into common stock on March 31, 2026. The remaining RSUs will vest in two equal annual installments on 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.
F2. On March 1, 2026, the Issuer granted 145,948 RSUs to Ms. Van Wyk, 48,649 of which has been settled into common stock on March 31, 2026. The remaining RSUs will vest in two equal annual installments on 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.
F3. On March 1, 2025, the Issuer granted 142,359 RSUs to Ms. Van Wyk, of which 47,543 were settled on March 31, 2025, and 47,543 were settled into common stock on March 31, 2026. The remaining 47,543 RSUs will vest on March 31, 2027. Upon vesting, the RSUs will be settled on a one-for-one basis in shares of the Issuer's common stock.
F4. Ms. Van Wyk sold 51,104 shares of the Issuer's common stock upon the partial vesting of RSUs granted to her on March 31, 2026, solely to satisfy tax withholding obligations incurred upon vesting.

Key Figures

Shares sold for taxes: 51,104 shares at $10.71 Common shares held after transactions: 78,837 shares RSU grant March 1, 2026 (F1): 48,450 RSUs +2 more

5 metrics

Shares sold for taxes 51,104 shares at $10.71 Common stock sale on April 8, 2026 to satisfy tax withholding

Common shares held after transactions 78,837 shares Direct holdings of CFO following reported transactions

RSU grant March 1, 2026 (F1) 48,450 RSUs 16,150 settled March 31, 2026; remainder vests 2027 and 2028

RSU grant March 1, 2026 (F2) 145,948 RSUs 48,649 settled March 31, 2026; remainder vests 2027 and 2028

RSU grant March 1, 2025 (F3) 142,359 RSUs 47,543 settled March 31, 2025 and 47,543 March 31, 2026; remainder vests 2027

Key Terms

restricted stock units ("RSUs"), vest in two equal annual installments, settled on a one-for-one basis, tax withholding obligations

4 terms

restricted stock units ("RSUs") financial

"granted 48,450 restricted stock units ("RSUs") to Ms. Van Wyk"

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

vest in two equal annual installments financial

"The remaining RSUs will vest in two equal annual installments"

settled on a one-for-one basis financial

"Upon vesting, the RSUs will be settled on a one-for-one basis"

tax withholding obligations financial

"sold 51,104 shares ... solely to satisfy tax withholding obligations"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Super Group (SGHC) Form 4 filed for Alinda Van Wyk show?

The Form 4 shows CFO Alinda Van Wyk settling several RSU grants into common stock and selling 51,104 shares. The sale was made solely to satisfy tax withholding obligations tied to RSU vesting, rather than as a discretionary open-market transaction.

How many Super Group (SGHC) shares did the CFO sell and at what price?

CFO Alinda Van Wyk sold 51,104 shares of Super Group common stock at $10.71 per share. According to the filing, this sale occurred on April 8, 2026 and was executed solely to cover tax withholding obligations from recently vested RSUs.

How many Super Group (SGHC) shares does the CFO hold after these transactions?

Following the reported transactions, CFO Alinda Van Wyk directly holds 78,837 shares of Super Group common stock. This figure reflects the RSU settlements into common stock and the subsequent sale of 51,104 shares for tax withholding linked to the March 31, 2026 vesting.

What RSU grants to the Super Group (SGHC) CFO are described and how do they vest?

The filing describes RSU grants of 48,450, 145,948 and 142,359 units to the CFO. Portions totaling 16,150, 48,649 and 47,543 RSUs settled into common stock on March 31, 2026, with remaining RSUs vesting in equal annual installments through March 31, 2028.

How do the RSU settlements affect the Super Group (SGHC) CFO’s compensation mix?

The reported RSU settlements convert a portion of the CFO’s equity-based compensation into actual common shares. This shifts part of her compensation from unvested RSUs to directly held stock, while leaving additional RSUs scheduled to vest on March 31, 2027 and March 31, 2028.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 04/10/2026 - 04:57 PM EDT

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^*

Van Wyk Alinda

(Last)

(First)

(Middle)

C/O KINGSWAY HOUSE, HAVILLAND STREET

(Street)

ST PETER PORT

GY1 2QE

(City)

(State)

(Zip)

GUERNSEY

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

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)
Common Stock	03/31/2026		M		16,150	A	⁽¹⁾	33,749	D
Common Stock	03/31/2026		M		48,649	A	⁽²⁾	82,398	D
Common Stock	03/31/2026		M		47,543	A	⁽³⁾	129,941	D
Common Stock	04/08/2026		S⁽⁴⁾		51,104	D	$10.71	78,837	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)
Restricted Stock Units (RSUs)	⁽¹⁾	03/31/2026	⁽¹⁾	M			16,150	⁽¹⁾	⁽¹⁾	Common Stock	16,150	⁽¹⁾	32,300	D
Restricted Stock Units (RSUs)	⁽²⁾	03/31/2026	⁽²⁾	M			48,649	⁽²⁾	⁽²⁾	Common Stock	48,649	⁽²⁾	97,299	D
Restricted Stock Units (RSUs)	⁽³⁾	03/31/2026	⁽³⁾	M			47,543	⁽³⁾	⁽³⁾	Common Stock	47,543	⁽³⁾	47,543	D

Explanation of Responses:

1. On March 1, 2026, Super Group (SGHC) Limited (the "Issuer") granted 48,450 restricted stock units ("RSUs") to Ms. Van Wyk, 16,150 of which has been settled into common stock on March 31, 2026. The remaining RSUs will vest in two equal annual installments on 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.

2. On March 1, 2026, the Issuer granted 145,948 RSUs to Ms. Van Wyk, 48,649 of which has been settled into common stock on March 31, 2026. The remaining RSUs will vest in two equal annual installments on 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.

3. On March 1, 2025, the Issuer granted 142,359 RSUs to Ms. Van Wyk, of which 47,543 were settled on March 31, 2025, and 47,543 were settled into common stock on March 31, 2026. The remaining 47,543 RSUs will vest on March 31, 2027. Upon vesting, the RSUs will be settled on a one-for-one basis in shares of the Issuer's common stock.

4. Ms. Van Wyk sold 51,104 shares of the Issuer's common stock upon the partial vesting of RSUs granted to her on March 31, 2026, solely to satisfy tax withholding obligations incurred upon vesting.

	/s/ Van Wyk Alinda	04/10/2026
	** 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