Tharoo Mustafa 4

What Happened

• Tharoo Mustafa, EVP and Group General Counsel of IHS Holding Ltd (IHS), received a grant of 101,495 restricted stock units (RSUs) on 2026-04-06. The grant is reported at $0.00 on the Form 4 and the filing notes the RSUs are fully vested.
• The filing also reports exercise/conversion of derivative interests totaling 10,224 shares (acquired) and a corresponding 10,224-share derivative disposition (reported at $0.00). The Form 4 does not show a cash purchase price for the conversion.

Key Details

• Transaction date: 2026-04-06; Form 4 filed: 2026-04-08 (timely filing).
• Grant: 101,495 RSUs, reported $0.00; Footnote F1: each RSU equals a contingent right to one ordinary share; F2: RSUs fully vested.
• Derivative activity: 10,224 shares acquired via exercise/conversion (code M) and 10,224 shares reported as disposed (derivative) at $0.00; the filing does not state the reason for the disposal.
• Shares owned after transaction: not disclosed in the provided Form 4 excerpt.
• No 10b5-1 plan, tax withholding details, or late-filing flag shown in the filing excerpt.

Context

• RSUs are compensation awards that convert into shares when vested; because these RSUs are reported as fully vested, the grant represents immediate entitlement to underlying shares (subject to company settlement procedures).
• The reported derivative disposal at $0.00 is not explained in the filing; similar Form 4 entries sometimes reflect company withholding, share-surrender for taxes, or internal settlement mechanics rather than an open-market sale, but the filing provides no specific reason.