4Filed Aug 2, 8:00 PM ET
Super Group COO Ross Kirsty Farrah Receives RSUs, Sells Shares
$SGHC · Super Group (SGHC) LtdResearch Summary
AI-generated summary of this SEC filing
Super Group COO Ross Kirsty Farrah Receives RSUs, Sells Shares
What Happened Ross Kirsty Farrah, Chief Operating Officer of Super Group (SGHC) Ltd, had a total of 115,812 restricted stock units (RSUs) settle into common shares on July 31, 2026 (35,812 from a 2025 grant and 80,000 from a 2023 grant). Upon settlement she sold 54,551 of those shares in an open-market transaction at $13.97 per share, generating proceeds of $762,077; the sale was made solely to satisfy tax withholding obligations.
Key Details
- Transaction date: July 31, 2026 (reported on Form 4 filed Aug 3, 2026). Filing appears timely under the 2-business-day rule.
- RSUs settled into common stock: 35,812 (amended 2025 grant) + 80,000 (Oct 1, 2023 grant) = 115,812 shares acquired via vesting/settlement.
- Open-market sale: 54,551 shares at $13.97 → proceeds $762,077 (sale to cover tax withholding).
- Net shares delivered to Ms. Ross after withholding: 115,812 − 54,551 = 61,261 shares.
- Shares owned after transaction: not specified in the summarized filing.
- Relevant footnotes: (F1) Vesting schedule amendment (July 1, 2026) affected the 2025 RSUs; (F2) 80,000 RSUs from 2023 fully settled July 31, 2026; (F3) Sale was solely for tax withholding.
Context
- These were RSU vesting/settlement transactions (derivative settlement), not purchases; the insider did not initiate a market buy. Part of the shares were sold immediately to satisfy tax obligations—a common, routine outcome of vesting rather than a directional trade signal.
- The issuer may settle future RSUs in shares or cash at its election; remaining RSUs from the 2025 grant will vest in equal installments on March 31, 2027 and March 31, 2028.