Sasol (SSL) EVP Victor Bester Sells Shares After RSU Vesting

What Happened

• Victor Bester, EVP, Operations and Projects at Sasol Ltd., had 3,153 ordinary shares issued on September 4, 2026 upon the certification and vesting of performance-based restricted stock units (RSUs). A portion of those vested shares — 2,852 — were sold in a pooled sale reported on September 8, 2026 for aggregate proceeds of approximately $36,226 (weighted-average price $12.70). The sale was carried out in South African rand and converted to USD at ZAR 15.9931 = $1.00. Net shares retained from the vesting = 301 (3,153 − 2,852).

Key Details

• Vesting/Acquisition: 3,153 ordinary shares granted/issued on 2026-09-04 (performance-based RSU vesting). (Footnote F1)
• Sale: 2,852 shares sold in open-market/pooled sale on 2026-09-08; weighted-average price $12.70; proceeds ~$36,226. (Footnotes F2–F4)
• Pooled sale pricing: high/low prices during the pooled sale period (Sept 4–8) were $13.27 and $12.13; $12.70 is the weighted-average sale price. (F3)
• Tax withholding: a portion of the shares sold was used to satisfy tax obligations arising on vesting. (F2)
• Currency: sale executed in ZAR and converted to USD using the exchange rate on Sept 8, 2026 (ZAR 15.9931 = $1). (F4)
• Shares owned after transaction: not reported in the Form 4.
• Filing: Form 4 filed 2026-09-24 reporting transactions on 2026-09-04 and 2026-09-08 — the filing date is 16 days after the last reported transaction and appears late relative to the usual two-business-day Form 4 deadline.
• Power of Attorney dated Feb 20, 2026 is referenced in the filing.

Context

• These transactions reflect RSU vesting and a partial sale (common practice to cover taxes) rather than an independent open-market purchase or a deliberate large-scale divestiture. Vesting-triggered sales are typically routine and do not necessarily indicate a change in insider sentiment. The filing shows no option exercises or gifts.