Sasol executive Pillay Dhanapalan sells 782 shares
A portion of the shares sold was used to satisfy tax obligations incurred upon vesting.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
SASOL LTD EVP, Business Building Pillay Sarushen Dhanapalan acquired 865 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. Dhanapalan sold 782 ordinary shares on September 8, 2026, in a pooled sale; the reported weighted-average price was $12.7020 per share, converted from South African Rand. A portion of the shares sold was used to satisfy tax obligations incurred upon vesting.
Insider Trade Summary
Net Seller: 782 shares
Net Sell
2 txns
Insider
Pillay Sarushen Dhanapalan
Role
EVP, Business Building
Sold
782 shs ($10K)
Share of Position Sold
4.6%
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares F2, F3, F4 | 782 | $12.702 | $10K |
| Grant/Award | Ordinary Shares F1 | 865 | -- | -- |
Holdings After Transaction:
Ordinary Shares — 16,396 shares (Direct)
Holdings Before and After:
Ordinary Shares, 16,313 to 16,396 shares (Direct)
Other Insiders: 5 other insiders reported open-market sales of this stock in the 30 days up to this filing.
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 782 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: 865 shares
Ordinary shares sold: 782 shares
Weighted-average sale price: $12.7020 per share
+2 more
5 metrics
Ordinary shares acquired
865 shares
September 4, 2026; acquired upon certification of performance conditions and vesting.
Ordinary shares sold
782 shares
September 8, 2026; part of a pooled sale conducted September 4 through September 8, 2026.
Weighted-average sale price
$12.7020 per share
Converted from South African Rand using the exchange rate as of September 8, 2026.
Pooled-sale price range
$12.13–$13.27 per share
High and low share prices for September 4 through September 8, 2026, inclusive.
Currency conversion rate
15.9931 South African Rand per U.S. dollar
Exchange rate as of September 8, 2026.
Key Terms
performance-based restricted stock units, pooled sale, weighted-average price, Sasol 2022 Long-Term Incentive Plan
4 terms
performance-based restricted stock units financial
"vesting of 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"
weighted-average price financial
"a weighted-average price based on the average selling price per share"
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.
Sasol 2022 Long-Term Incentive Plan financial
"pursuant to the Sasol 2022 Long-Term Incentive Plan"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did SASOL (SSL) EVP Pillay Sarushen Dhanapalan sell?
Pillay Sarushen Dhanapalan sold 782 ordinary shares on September 8, 2026, in a pooled sale conducted from September 4 through September 8. The reported weighted-average price was $12.7020 per share, converted from South African Rand.
Did the SASOL (SSL) transactions use 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.
