Super Group (NYSE: SGHC) CTO settles RSUs and sells shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Super Group (SGHC) Ltd’s Chief Technology Officer, Ben David Alon, reported routine equity compensation activity. On June 12, 2026, he was granted 116,747 restricted stock units (RSUs). Of these, 38,915 RSUs were settled into common stock on June 30, 2026.
On the same date, he sold 7,801 shares of common stock at $13.74 per share solely to cover tax withholding obligations from the RSU vesting. After these transactions, he held 31,114 shares of common stock directly and 77,832 RSUs scheduled to vest in equal installments on March 31, 2027 and March 31, 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7.801 shares ($107)
Net Sell
3 txns
Insider
Ben David Alon
Role
Chief Technology Officer
Sold
7.801 shs ($107.19)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units (RSUs) | 38,915 | $0.00 | -- |
| Exercise | Common Stock | 38,915 | $0.00 | -- |
| Sale | Common Stock | 7.801 | $13.74 | $107.19 |
Holdings After Transaction:
Restricted Stock Units (RSUs) — 77,832 shares (Direct, null);
Common Stock — 38,915 shares (Direct, null)
Footnotes (1)
- On June 12, 2026, Super Group (SGHC) Limited (the "Issuer") granted 116,747 restricted stock units ("RSUs") to Mr. Ben-David, 38,915 of which has been settled into common stock on June 30, 2026. The remaining RSUs will vest in two equal 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 or the cash value thereof, at the election of the Issuer Mr. Ben-David sold 7,801 shares of the Issuer's common stock upon the partial vesting of RSUs granted to him on June 30, 2026, solely to satisfy tax withholding obligations incurred upon vesting.
Key Figures
Shares sold for taxes: 7,801 shares
Sale price per share: $13.74 per share
RSUs settled into stock: 38,915 RSUs
+3 more
6 metrics
Shares sold for taxes
7,801 shares
Open-market sale on June 30, 2026 to satisfy tax withholding
Sale price per share
$13.74 per share
Tax-related sale of common stock on June 30, 2026
RSUs settled into stock
38,915 RSUs
RSUs settled into common stock on June 30, 2026
Total RSU grant
116,747 RSUs
Grant to Ben David Alon on June 12, 2026
Unvested RSUs remaining
77,832 RSUs
To vest on March 31, 2027 and March 31, 2028
Shares held after transactions
31,114 shares
Direct common stock holdings following June 30, 2026 transactions
Key Terms
Restricted Stock Units (RSUs), tax withholding obligations, derivative security
3 terms
Restricted Stock Units (RSUs) financial
"granted 116,747 restricted stock units ("RSUs") to Mr. Ben-David"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
tax withholding obligations financial
"sold 7,801 shares ... solely to satisfy tax withholding obligations"
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What insider transactions did SGHC CTO Ben David Alon report on June 30, 2026?
Ben David Alon reported RSU vesting and a related share sale. 38,915 restricted stock units settled into common stock, and he sold 7,801 shares at $13.74 each solely to cover tax withholding obligations tied to the vesting.
How many RSUs were granted to SGHC CTO Ben David Alon in June 2026?
He received a grant of 116,747 restricted stock units on June 12, 2026. Of these, 38,915 RSUs were settled into common stock on June 30, with the remaining 77,832 scheduled to vest in two equal future installments.
What are Ben David Alon’s SGHC holdings after these Form 4 transactions?
After the reported transactions, he directly held 31,114 shares of Super Group common stock. He also retained 77,832 unvested RSUs, which are scheduled to vest in two equal tranches on March 31, 2027 and March 31, 2028.
How will the remaining SGHC RSUs for Ben David Alon vest over time?
The remaining 77,832 RSUs will vest in two equal installments. According to the filing, the vesting dates are March 31, 2027 and March 31, 2028, with each vested RSU settling one-for-one into common shares or cash at the issuer’s election.