SASOL (SSL) CFO Bruns Walt Paul Receives Award, Sells 1,798 Shares

What Happened

• Bruns Walt Paul, Chief Financial Officer of SASOL LTD (SSL), had performance-based restricted stock units vest on Sep 28, 2026, resulting in the acquisition of 1,989 ordinary shares under the Sasol 2022 Long-Term Incentive Plan. On the same day he sold 1,798 of those shares in a pooled sale for a weighted-average price of $14.14, generating proceeds of $25,417. The award shares show an acquisition (A) and the sale is coded (S) in the Form 4.

Key Details

• Transaction date: September 28, 2026; Form 4 filed October 1, 2026.
• Award: 1,989 shares acquired on vesting of performance-based RSUs (price N/A because shares were issued upon vesting). (Footnote F1)
• Sale: 1,798 shares disposed at a weighted-average price of $14.14, proceeds $25,417. (Footnotes F2–F3)
• Sale mechanics: Shares were sold in a pooled sale in South African Rand; prices converted to USD at ZAR 16.3916 = $1.00 for reporting. High/low intraday ZAR prices on Sep 28 were ZAR-equivalent $14.023–$14.2305; reported price is weighted-average. (F3, F4)
• Tax withholding: A portion of the vested shares was sold to satisfy tax obligations upon vesting. (F2)
• Shares owned after the transaction: Not specified in the Form 4.
• Power of attorney dated Feb 20, 2026 is incorporated by reference in the filing.

Context

• This was a routine vesting of performance-based RSUs combined with a sale (part of the vested shares were sold to cover taxes). Such sales tied to vesting or tax-withholding are common and do not necessarily indicate the insider’s market view. Purchases by insiders generally carry more direct informational weight than routine sales tied to compensation events.