Sasol executive sells 4,705 ADRs after awards vest
The 1,049-ADR sale satisfied vesting-related tax obligations; a portion of a separate 4,705-ADR sale also covered those obligations.
Rhea-AI Filing Summary
SASOL LTD EVP, Marketing and Sales Herrmann Christiaan Horst acquired 4,898 ADRs and 1,091 ADRs on September 4, 2026, upon certification of performance conditions and vesting under the Sasol 2022 Long-Term Incentive Plan. On September 9, he sold 4,705 ADRs and 1,049 ADRs at a reported weighted-average price of $13.4601 per ADR in a pooled sale conducted September 4 through September 9. A portion of the first sale and the second sale were used to satisfy tax obligations incurred upon vesting. No Rule 10b5-1 plan is reported.
Positive
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | American Depositary Receipts F1, F3, F4 | 4,705 | $13.4601 | $63K |
| Sale | American Depositary Receipts F1, F5, F4 | 1,049 | $13.4601 | $14K |
| Grant/Award | American Depositary Receipts F1, F2 | 4,898 | -- | -- |
| Grant/Award | American Depositary Receipts F1, F2 | 1,091 | -- | -- |
Footnotes (5)
- 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 4,705 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 September 4, 2026 through September 9, 2026. The high and low share prices for the period between September 4, 2026 and September 9, 2026 were $12.13 and $14.76, 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.
- F5. The reporting person sold 1,049 ADRs upon the vesting of performance conditions under the Plan to satisfy tax obligations incurred upon vesting.
Key Figures
Key Terms
American Depositary Receipt financial
performance conditions financial
vesting financial
pooled sale financial
weighted-average price financial
FAQ
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