Sasol (SSL) CEO Simon Baloyi Receives Award, Sells 2,123 Shares

What Happened

• Simon Baloyi, CEO of Sasol Ltd. (SSL), had performance-based restricted stock units vest on Sept 28, 2026, resulting in the acquisition of 2,348 Ordinary Shares under the Sasol 2022 Long-Term Incentive Plan. On the same day he sold 2,123 of those shares in a pooled sale at a weighted-average price of $14.14 per share, generating proceeds of approximately $30,011. The shares sold were part of the vested award and a portion of the sale was used to satisfy tax withholding obligations.

Key Details

• Transaction date: September 28, 2026; Form 4 filed October 1, 2026.
• Award (Acquisition): 2,348 Ordinary Shares issued on vesting of performance-based RSUs (no purchase price).
• Sale (Disposition): 2,123 Ordinary Shares sold at a weighted-average price of $14.14; proceeds ≈ $30,011.
• Trading details: Sale executed as a pooled sale in South Africa; intraday high/low on Sept 28 were ZAR-equivalent prices of $14.023 and $14.2305; sale price converted from South African Rand using the Sept 28, 2026 exchange rate (ZAR 16.3916 = $1.00).
• Footnotes: F1–award upon certification and vesting of performance RSUs under the Plan; F2–a portion of shares sold to cover taxes; F3–pooled sale with weighted-average pricing; F4–sale executed in ZAR then converted to USD. Power of Attorney dated Feb 20, 2026 is incorporated by reference.
• Shares owned after transaction: Not specified in the filing.

Context

• This filing reflects vesting of performance RSUs (an award) and an immediate partial sale—a common pattern where newly vested shares are sold to cover tax obligations rather than a standalone bullish or bearish signal. The award (A) is an acquisition via vesting; the sale (S) is a disposition of vested shares. The filing does not indicate use of a 10b5-1 plan or other pre-arranged trading plan.