Sasol (SSL) CFO Bruns Walt Paul Sells 7,890 Shares

What Happened
Bruns Walt Paul, Chief Financial Officer of Sasol Ltd (SSL), had performance-based restricted stock units vest. On September 4, 2026 he acquired 3,473 Ordinary Shares upon certification of performance conditions. A pooled sale conducted September 4–8, 2026 resulted in the disposition of 7,890 shares at a weighted-average price of $12.70, generating proceeds of approximately $100,219. A portion of the shares sold was used to satisfy tax withholding obligations related to the vesting.

Key Details

• Transaction types: Award/acquisition (vested RSUs) on 2026-09-04 (3,473 shares); sale (open market/pooled) completed 2026-09-04 through 2026-09-08 (7,890 shares) reported 2026-09-24.
• Sale price: weighted-average $12.70 per share; total proceeds ≈ $100,219 (sale executed in South African Rand; converted to USD at ZAR 15.9931 = $1.00). Reported high/low prices during the pooled sale period: $13.27 / $12.13.
• Footnotes: F1 = shares from performance-based RSU vesting; F2 = sale included shares from performance/time-based RSU vesting and some shares used to cover taxes; F3 = pooled sale across Sept 4–8 with weighted-average price; F4 = currency conversion method.
• Shares owned after the transactions: not specified in the documents provided.
• Filing timeliness: Form 4 filed 2026-09-24 reporting transactions on Sept 4 and Sept 8 — later than the typical 2-business-day filing window for Form 4s (the filing appears delayed).

Context
These transactions reflect compensation vesting (RSUs) and a subsequent sale to cover tax and/or monetize vested shares; they are not an open-market purchase signal. Pooled sales and currency conversion can produce a weighted-average price reported in USD even when trades occurred in ZAR. Late filings reduce near-term transparency for investors, though they do not by themselves indicate wrongdoing.