Mali Lincoln Camagu 4

What Happened Mali Lincoln Camagu (CEO: Southern Africa; Director) had two entries on the Form 4. On 2025-12-01 Camagu forfeited 77,706 restricted shares (reported as a disposition) at $0.00 (no cash proceeds) — the forfeiture relates to a restricted stock grant from Dec 1, 2022 that failed to meet a stock-price vesting condition. On 2026-02-25 Camagu was granted 150,000 restricted shares (award) at $0.00 (no purchase price); the new grant vests subject to continued service.

Key Details

• Transaction dates and prices:
  • 2025-12-01: Disposition/forfeiture of 77,706 shares at $0.00 (footnote F1).
  • 2026-02-25: Grant/award of 150,000 restricted shares at $0.00 (footnote F2).
• Share value: Both entries show $0.00 per share (forfeiture and restricted-share grant).
• Shares owned after transaction: Not disclosed in the provided filing details.
• Footnotes:
  • F1: Forfeiture of restricted stock awarded Dec 1, 2022 that failed to meet a stock-price vesting target.
  • F2: Grant under the Amended and Restated 2022 Stock Incentive Plan; vesting is subject to continuous service, with one‑third vesting on each of the first, second and third anniversaries of the Feb 25, 2026 grant date.
• Filing timeliness: Form filed 2026-02-27. The Dec 1, 2025 forfeiture was reported late; the Feb 25, 2026 grant was reported within the typical two-business-day Form 4 window.

Context This filing documents a forfeiture (not an open-market sale) and a new restricted-stock grant as part of compensation. Forfeitures due to unmet performance targets reduce holdings but do not generate proceeds; new restricted shares vest over time and require continued service. These entries are administrative/compensation-related rather than market purchases or sales that directly signal buying pressure.