Super Group (SGHC) CEO Menashe Neal Receives RSUs; Sells 48,440 Shares

What Happened

• Menashe Neal, CEO of Super Group (SGHC), had 102,839 restricted stock units (RSUs settle/converted into common shares) on July 31, 2026. Concurrently he sold 48,440 of those shares in an open‑market sale at $13.97 each, generating $676,707. The sale was made solely to satisfy tax withholding obligations tied to the RSU vesting.

Key Details

• Transaction date: July 31, 2026; Form 4 filed August 3, 2026.
• Sale: 48,440 shares disposed at $13.97 per share — total proceeds $676,707.
• Conversion/settlement: 102,839 RSUs converted/settled into common stock on July 31, 2026 (reported as derivative exercise/conversion).
• Original grant: Mr. Neal was granted 308,518 RSUs on March 1, 2025; after this settlement 102,839 remain settled and the rest vest in two annual installments (Mar 31, 2027 and Mar 31, 2028) per issuer election to settle in shares or cash (footnote).
• Sale reason: Footnote states the 48,440‑share sale was solely to satisfy tax withholding upon vesting.
• Shares owned after the transactions: not specified in the filing.
• Filing timing: Form 4 filed Aug 3, 2026 (three days after the July 31 transaction).

Context

• These entries reflect RSU vesting and settlement rather than an independent discretionary stock purchase or sale for investment purposes. The partial sale was a routine, tax‑withholding sale tied to the vesting event. For clarity, transaction code M (exercise/conversion of derivative) here denotes the RSUs converting into common shares; code S denotes the open‑market sale.