Darwish Sam 4

What Happened
Darwish Sam, Chairman, CEO and director of IHS Holding Ltd, sold 86,793 shares on March 18, 2026. The shares were disposed in multiple transactions at prices ranging from $8.16 to $8.19 (weighted average $8.18), yielding roughly $709,915. This was a sale (not a purchase) executed to satisfy tax obligations tied to vested restricted stock units.

Key Details

• Transaction date: 2026-03-18; Form 4 filed: 2026-03-20 (appears filed within the typical two-business-day window).
• Shares sold: 86,793; price range: $8.16–$8.19; weighted average price: $8.18; proceeds ≈ $709,915.
• Footnote F1: Shares were sold to cover taxes upon RSU vesting pursuant to a mandatory Rule 10b5-1 trading instruction in an award agreement adopted June 1, 2023.
• Footnote F2: Reported price is a weighted average; multiple transactions comprised the sale.
• Shares owned after the transaction: not specified in the provided filing summary.

Context
This was a “sell-to-cover” transaction tied to RSU vesting and a Rule 10b5-1 instruction—common mechanisms insiders use to satisfy tax withholding. Such routine tax-related sales do not necessarily indicate a change in the insider’s view of the company; a 10b5-1 plan is a pre-established trading arrangement designed to avoid questions about insider timing.