Accepted (ET)
7:19 PM
Sep 24, 2026
Filed
Sep 24, 2026
Documents
1
Size
7.9 KB
Summary
Sasol (SSL) EVP Kahla Vuyo Dominic Sells 22,608 Shares
What Happened
Kahla Vuyo Dominic, EVP, Commercial and Legal and a director of Sasol Ltd (SSL), received 22,608 ordinary shares upon vesting of performance-based restricted stock units under the Sasol 2022 Long-Term Incentive Plan, and then sold those 22,608 shares in a pooled sale that ran September 4–8, 2026. The sale produced proceeds of approximately $287,167 based on a weighted-average selling price of $12.70 per share (converted from South African Rand using the Sept 8, 2026 exchange rate). A portion of the vested shares was used to satisfy tax withholding obligations.
Key Details
- Acquisition (award/vesting): 22,608 shares on 2026-09-04 (performance-based RSUs vested; no per-share price for award). (Footnote F1)
- Sale: 22,608 shares sold in open market/pooled sale (reported as 2026-09-08) at a weighted-average price of $12.70, total proceeds ≈ $287,167. (Footnotes F2–F4)
- Pooled sale period: September 4–8, 2026; intra-period high/low prices were $13.27 and $12.13. Weighted-average price reflects all transactions in the pooled sale. (F3)
- Currency & conversion: Sale executed in South African Rand; USD amount uses exchange rate ZAR 15.9931 = 1.0 USD (as of Sept 8, 2026). (F4)
- Tax withholding: A portion of the shares was used to satisfy tax obligations on vesting. (F2)
- Shares owned after transaction: Not specified in this Form 4 filing.
- Filing timeliness: The Form 4 was filed Sep 24, 2026 for transactions occurring Sep 4–8, 2026 — the filing is marked late (filed after the typical two-business-day reporting window).
Context
This was a routine vest-and-sell transaction tied to performance-based RSUs under Sasol’s LTIP: the reporting person’s RSUs vested (an award), and the resulting shares were sold (some to cover taxes). Such transactions reflect compensation vesting and tax withholding rather than an independent open-market purchase decision; they are common for executives receiving equity awards. The filing references a power of attorney dated Feb 20, 2026 for signature/processing.