Darwish Sam 4

What Happened

• Darwish Sam, Chairman and CEO of IHS Holding Ltd (IHS), had equity awards vest and completed related transactions in early April 2026. The filing shows a 412,544-share RSU grant/award on 2026-04-06 and an exercise/conversion of 41,557 derivative shares on 2026-04-06. On 2026-04-07 he sold a total of 124,275 ordinary shares (11,383 + 112,892) in open-market transactions at a weighted average price of $8.24, generating aggregate proceeds of about $1,023,852. The sales were to cover tax withholding on vested awards.

Key Details

• Transaction dates: awards and conversions on 2026-04-06; open-market sales on 2026-04-07. Filing date: 2026-04-08 (timely).
• Sales detail: 11,383 shares sold for $93,780; 112,892 shares sold for $930,072; weighted avg price reported $8.24 (range $8.235–$8.26). Total ≈ $1,023,852.
• Award/derivative detail: 412,544 RSUs granted/vested (F1, F4); exercise/conversion of 41,557 derivative shares reported (M code) with a corresponding derivative disposition entry.
• Reason for sales: Shares were sold to cover taxes upon vesting of RSUs and performance stock units pursuant to a mandatory Rule 10b5-1 trading instruction adopted June 1, 2023 (F2).
• Shares owned after transaction: Not specified in the provided Form 4 excerpt.
• Timeliness: Filing appears timely (filed 4/8 for transactions on 4/6–4/7).

Context

• The transaction appears to be routine tax-withholding sales tied to award vesting and an associated exercise/conversion of derivative securities, executed under a pre-arranged 10b5-1 plan. Such sales are commonly for tax purposes and do not necessarily indicate a change in the insider’s view of the company.