Sasol EVP Herrmann sells 3,300 depositary receipts
The reported award and sale were tied to vesting under Sasol’s 2022 Long-Term Incentive Plan, with part of the sale used for tax obligations.
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Rhea-AI Filing Summary
Sasol Ltd. (SSL) EVP, Marketing and Sales Christiaan Horst Herrmann acquired 3,434 American Depositary Receipts (ADRs) on September 28, 2026, upon certification of performance conditions and vesting under the Sasol 2022 Long-Term Incentive Plan. He also sold 3,300 ADRs upon vesting; a portion was used to satisfy tax obligations incurred upon vesting. The reported sale price was a weighted average of $14.0895 per ADR in a pooled sale. No Rule 10b5-1 plan is reported. Each ADR is convertible at the holder’s election into one ordinary share.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | American Depositary Receipts F1, F2 | 3,434 | -- | -- |
| Sale | American Depositary Receipts F1, F3, F4 | 3,300 | $14.0895 | $46K |
Footnotes (4)
- F1. Each American Depositary Receipt ("ADR") is convertible at any time, at the holder's election, into one Ordinary Share of the Issuer. The ADRs have no expiration date.
- F2. ADRs acquired upon the certification of performance conditions and vesting applicable to such ADRs granted to the reporting person pursuant to the Sasol 2022 Long-Term Incentive Plan (the "Plan").
- F3. The reporting person sold 3,300 ADRs upon the vesting of performance conditions under the Plan, a portion of which was used to satisfy tax obligations incurred upon vesting.
- F4. These ADRs were sold in a series of transactions as part of a pooled sale conducted on September 28, 2026. The high and low share prices on September 28, 2026 were $14.03 and $14.14, 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.
Key Figures
Key Terms
American Depositary Receipt financial
pooled sale financial
weighted-average price financial
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