Sasol mining EVP sells 2,842 shares after vesting
The pooled-sale period's reported share prices ranged from $12.13 to $13.27, inclusive.
Rhea-AI Filing Summary
SASOL LTD EVP, Mining Siyaya Sandile Lawrence reported a direct acquisition of 3,143 Ordinary Shares on September 4, 2026, upon certification of performance conditions and vesting of performance-based restricted stock units under the Sasol 2022 Long-Term Incentive Plan. On September 8, 2026, he sold 2,842 Ordinary Shares upon vesting; a portion was used to satisfy tax obligations. The reported weighted-average sale price was $12.702 per share for pooled transactions from September 4 through September 8, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,842 shares
Net Sell
2 txns
Insider
Siyaya Sandile Lawrence
Role
EVP, Mining
Sold
2,842 shs ($36K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares F2, F3, F4 | 2,842 | $12.702 | $36K |
| Grant/Award | Ordinary Shares F1 | 3,143 | -- | -- |
Holdings After Transaction:
Ordinary Shares — 301 shares (Direct)
Footnotes (4)
- F1. Ordinary Shares acquired upon the certification of performance conditions and vesting applicable to performance-based restricted stock units granted to the reporting person pursuant to the Sasol 2022 Long-Term Incentive Plan (the "Plan").
- F2. The reporting person sold 2,842 Ordinary Shares upon the vesting of performance-based restricted stock units granted to the reporting person pursuant to the Plan, a portion of which was used to satisfy tax obligations incurred upon vesting.
- F3. These Ordinary Shares were sold in a series of transactions as part of a pooled sale conducted September 4, 2026 through September 8, 2026. The high and low share prices for the period between September 4, 2026 and September 8, 2026 were $12.13 and $13.27, inclusive. The price reported in Column 4 is a weighted-average price based on the average selling price per share of all transactions effected by the Issuer during the pooled sale period.
- F4. The sale was made in South African Rand, and the price was converted into US dollars based on the foreign currency exchange rate as of September 8, 2026 (at South African Rand 15.9931 = 1.0 US dollar).
Key Figures
Ordinary Shares acquired: 3,143 shares
Ordinary Shares sold: 2,842 shares
Weighted-average sale price: $12.702 per share
+3 more
6 metrics
Ordinary Shares acquired
3,143 shares
September 4, 2026; upon certification of performance conditions and vesting
Ordinary Shares sold
2,842 shares
September 8, 2026; pooled sale period September 4 through September 8, 2026
Weighted-average sale price
$12.702 per share
Pooled sale from September 4 through September 8, 2026
Pooled-sale high price
$13.27 per share
September 4 through September 8, 2026, inclusive
Pooled-sale low price
$12.13 per share
September 4 through September 8, 2026, inclusive
Currency conversion rate
15.9931 South African Rand per US dollar
Exchange rate as of September 8, 2026
Key Terms
performance-based restricted stock units, pooled sale, weighted-average price
3 terms
performance-based restricted stock units financial
"vesting applicable to performance-based restricted stock units"
Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.
pooled sale financial
"as part of a pooled sale conducted September 4, 2026 through September 8, 2026"
weighted-average price financial
"The price reported in Column 4 is a weighted-average price"
Weighted-average price is the average of multiple prices where each price is counted according to its size or importance—larger trades carry more weight than smaller ones, like averaging course grades by credit hours. It matters to investors because it gives a more realistic picture of the true price paid or received, helping assess trade execution, compare performance, calculate cost basis, and value positions more accurately than a simple average.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did the SSL EVP, Mining acquire?
Siyaya Sandile Lawrence, EVP, Mining, acquired 3,143 Ordinary Shares on September 4, 2026, when performance conditions were certified and performance-based restricted stock units vested under the Sasol 2022 Long-Term Incentive Plan.
Were the SSL transactions made under a Rule 10b5-1 plan?
No Rule 10b5-1 plan is reported for these transactions.
AI-generated analysis. How Rhea-AI works. Not financial advice.