International Finance Corp 4
4 · LESAKA TECHNOLOGIES INC · Filed Mar 12, 2026
Research Summary
AI-generated summary of this filing
Lesaka (LSAK) 10% Owner International Finance Corp Sells Shares
What Happened
- International Finance Corp (IFC), reported as a 10% owner, sold a total of 31,606 shares of Lesaka Technologies, Inc. (LSAK) across three transactions on March 10–12, 2026. The sales totaled approximately $146,744.
- Breakdown: 24,532 shares on 2026-03-10 at a weighted avg $4.64 ($113,775); 4,235 shares on 2026-03-11 at a weighted avg $4.65 ($19,690); 2,839 shares on 2026-03-12 at a weighted avg $4.68 (~$13,279). Transactions were reported as open‑market or private sales.
Key Details
- Dates & prices: Mar 10 (avg $4.64; reported range $4.545–$4.75), Mar 11 (avg $4.65; range $4.63–$4.66), Mar 12 (avg $4.68; range $4.66–$4.725).
- Total shares sold: 31,606; approximate proceeds: $146,744.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes: Sales reported as executed by ALAC (IFC African, Latin American and Caribbean Fund, LP). IFC notes it may be deemed to beneficially own shares held indirectly through multiple funds and disclaims beneficial ownership except to the extent of any pecuniary interest.
- Filing timeliness: Form filed 2026-03-12 covering trades through 2026-03-12; appears to have been filed within the typical Form 4 reporting window.
- Additional remark: IFC states its status as an international organization and notes immunities and privileges in the filing; it also offers to provide detailed per‑price share counts on request.
Context
- This was a sale by an institutional 10% owner (via its managed fund), not an executive insider sale; institutional sales can reflect portfolio rebalancing rather than a company sentiment signal. The filing provides weighted averages and ranges rather than per‑trade prices; IFC/Fund offers to disclose per‑price share counts to SEC staff or others on request.
Insider Transaction Report
Form 4
International Finance Corp
10% Owner
Transactions
- Sale
Common Stock
[F1][F4][F5]2026-03-10$4.64/sh−24,532$113,775→ 6,011,430 total(indirect: See footnote) - Sale
Common Stock
[F2][F4][F5]2026-03-11$4.65/sh−4,235$19,690→ 6,007,195 total(indirect: See footnote) - Sale
Common Stock
[F3][F4][F5]2026-03-12$4.68/sh−2,839$13,279→ 6,004,356 total(indirect: See footnote)
Holdings
- 3,271,862
Common Stock
Footnotes (5)
- [F1]Represents the weighted average price of Common Stock sold by IFC African, Latin American and Caribbean Fund, LP ("ALAC"), a United Kingdom limited partnership, of which IFC African, Latin American and Caribbean Fund (GP) LLC, a Delaware limited liability company, serves as general partner, on March 10, 2026, ranging from a low of $4.545 to a high of $4.75. The Reporting Person undertakes, upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer to provide full information regarding the number of shares purchased at each separate price.
- [F2]Represents the weighted average price of Common Stock sold by ALAC on March 11, 2026, ranging from a low of $4.63 to a high of $4.66. The Reporting Person undertakes, upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer to provide full information regarding the number of shares purchased at each separate price.
- [F3]Represents the weighted average price of Common Stock sold by ALAC on March 12, 2026, ranging from a low of $4.66 to a high of $4.7250. The Reporting Person undertakes, upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer to provide full information regarding the number of shares purchased at each separate price.
- [F4]The Reporting Person may be deemed to beneficially own shares of Common Stock held indirectly through three funds managed by the Reporting Person that invests third party capital in conjunction with the Reporting Person's investments: (a) ALAC; (b) IFC Financial Institutions Growth Fund, LP, a United Kingdom limited partnership, of which IFC FIG Fund (GP), LLP, a United Kingdom limited liability partnership, serves as general partner; and (c) Africa Capitalization Fund Ltd., a Mauritius limited company primarily engaged in the business of investing in securities.
- [F5]The Reporting Person disclaims beneficial ownership of the securities reported herein for purposes of Rule 16a-1(a) under the Exchange Act, except to the extent of its pecuniary interest therein, if any. This report shall not be deemed an admission that the Reporting Person is a beneficial owner for the purpose of Section 16 of the Exchange Act, or for any other purpose.
Signature
INTERNATIONAL FINANCE CORPORATION|2026-03-12