Super Group counsel logs RSU vesting, share sale
Super Group (SGHC) Ltd’s general counsel reported the vesting and settlement of 8,817 Restricted Stock Units (RSUs) into common stock on July 31, 2026, from a 26,453‑unit grant whose vesting schedule was amended.
Rhea-AI Filing Summary
Super Group (SGHC) Ltd’s general counsel reported the vesting and settlement of 8,817 Restricted Stock Units (RSUs) into common stock on July 31, 2026, from a 26,453‑unit grant whose vesting schedule was amended. Of the shares received, 3,997 were sold at $13.97 per share solely to cover tax withholding, with the remaining shares retained. 17,636 RSUs continue to vest in two equal installments on March 31, 2027 and March 31, 2028, payable one‑for‑one in shares or cash at the issuer’s election.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
3 txns
Insider
Nathan Martine
Role
General Counsel
Sold
3,997 shs ($56K)
Approx. gross sale proceeds
$56K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit (RSUs) F1 | 8,817 | -- | -- |
| Exercise | Common Stock F1 | 8,817 | -- | -- |
| Sale | Common Stock F2 | 3,997 | $13.97 | $56K |
Holdings After Transaction:
Restricted Stock Unit (RSUs) — 17,636 contracts (Direct);
Common Stock — 34,992 shares (Direct)
Footnotes (2)
- F1. On July 1, 2026, Super Group (SGHC) Ltd (the "Issuer") amended the vesting schedule for its global LTIP plan impacting the vesting schedule of the 26,453 restricted stock units ("RSUs") that it granted to Ms. Nathan on January 3, 2025, so that 8,817 of the vesting RSUs have been settled into common stock on July 31, 2026. The remaining RSUs will vest in two equal annual installments on March 31, 2027, and March 31, 2028. Upon settlement, the RSUs will be payable 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.
- F2. Ms. Nathan sold 3,977 shares of the Issuer's common stock upon the partial vesting of RSUs that settled on July 31, 2026, solely to satisfy tax withholding obligations incurred upon vesting.
Key Figures
RSUs settled: 8,817 RSUs
Original RSU grant: 26,453 RSUs
Shares sold: 3,997 shares
+3 more
6 metrics
RSUs settled
8,817 RSUs
Portion of 26,453‑unit grant settled into common stock on July 31, 2026
Original RSU grant
26,453 RSUs
RSUs granted on January 3, 2025 under the issuer’s global LTIP plan
Shares sold
3,997 shares
Common shares sold on July 31, 2026 to satisfy tax withholding obligations
Sale price
$13.97 per share
Price for common stock sold in the tax‑related sale on July 31, 2026
RSUs remaining
17,636 RSUs
Unvested RSUs remaining after the July 31, 2026 settlement event
Future vesting dates
March 31, 2027 and March 31, 2028
Two equal annual installments when remaining RSUs are scheduled to vest
Key Terms
Restricted Stock Unit (RSUs), global LTIP plan, vesting schedule, tax withholding obligations
4 terms
Restricted Stock Unit (RSUs) financial
"26,453 restricted stock units ("RSUs") that it granted to Ms. Nathan"
global LTIP plan financial
"amended the vesting schedule for its global LTIP plan impacting the vesting"
vesting schedule financial
"amended the vesting schedule for its global LTIP plan impacting the vesting"
A vesting schedule is a timeline that determines when someone gains full ownership of certain benefits, such as company stock or retirement contributions. Think of it like earning the right to own a gift gradually over time, rather than receiving it all at once. It matters to investors because it affects when they can fully access or sell these benefits, influencing their financial planning and decision-making.
tax withholding obligations financial
"sold shares of the Issuer's common stock upon the partial vesting of RSUs solely to satisfy tax withholding obligations"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did SGHC’s general counsel report in this Form 4?
The general counsel reported that 8,817 RSUs from a prior 26,453‑unit grant vested and settled into common stock, and that 3,997 shares were sold at $13.97 per share solely to satisfy tax withholding obligations, with the remaining vested shares retained.
How many RSUs vested for SGHC’s (SGHC) general counsel on July 31, 2026?
On July 31, 2026, 8,817 RSUs vested and were settled into common stock for the general counsel. These units were part of a larger 26,453‑RSU grant originally awarded on January 3, 2025 under the company’s global long‑term incentive plan.
How many RSUs remain unvested for SGHC’s (SGHC) general counsel and when will they vest?
After the July 31, 2026 settlement, 17,636 RSUs from the original grant remain unvested. These are scheduled to vest in two equal annual installments on March 31, 2027 and March 31, 2028, subject to the terms of the amended vesting schedule.
Will SGHC (SGHC) settle the remaining RSUs in stock or cash for the general counsel?
Upon future vesting, each remaining RSU will be payable on a one‑for‑one basis in either shares of Super Group common stock or the cash value of those shares, at the issuer’s election, providing flexibility in how the awards are ultimately settled.
AI-generated analysis. How Rhea-AI works. Not financial advice.
