International Finance Corp 4
4 · LESAKA TECHNOLOGIES INC · Filed Apr 8, 2026
Research Summary
AI-generated summary of this filing
Lesaka Technologies (LSAK) 10% Owner IFC Sells 101,484 Shares
What Happened
International Finance Corp (IFC), reported as a 10% owner, sold a total of 101,484 shares of Lesaka Technologies, Inc. (LSAK) in open-market transactions on April 6–8, 2026. The three disposals were: 34,219 shares at a weighted average $4.95 on Apr 6 ($169,432), 47,954 shares at $4.91 on Apr 7 ($235,632), and 19,311 shares at $4.93 on Apr 8 ($95,161), totaling roughly $500,225. These were sales (S) — not purchases — and generally represent liquidation by the reporting funds rather than an executive stock-sell signal.
Key Details
- Transaction dates and reported weighted-average prices:
- Apr 6, 2026 — 34,219 shares at $4.95 (weighted avg; range $4.92–$5.02 per footnote F1) ≈ $169,432
- Apr 7, 2026 — 47,954 shares at $4.91 (weighted avg; range $4.90–$4.97 per F2) ≈ $235,632
- Apr 8, 2026 — 19,311 shares at $4.93 (weighted avg; range $4.90–$5.015 per F3) ≈ $95,161
- Total sold: 101,484 shares for ≈ $500,225.
- Shares owned after transaction: not specified in the filing (no ending beneficial ownership reported here).
- Notable footnotes: Sales were executed by ALAC (IFC African, Latin American and Caribbean Fund, LP); the filing provides weighted averages and offers to disclose per-price breakdowns to the SEC on request (F1–F3). IFC notes it may be deemed to beneficially own shares held through multiple funds (F4) but disclaims beneficial ownership except for any pecuniary interest (F5).
- Filing/Timing: Report filed Apr 8, 2026 (covers trades Apr 6–8); the filing does not indicate lateness.
Context
- This is institutional fund selling (IFC/ALAC), not an officer or director sale; institutional disposals often reflect portfolio rebalancing or third-party capital management rather than insider sentiment.
- IFC is an international organization that notes certain immunities and states providing this info does not waive those privileges (remark in filing).
- No 10b5‑1 plan, option exercise, tax-withholding, or gift was reported for these transactions.
Insider Transaction Report
Form 4
International Finance Corp
10% Owner
Transactions
- Sale
Common Stock
[F1][F4][F5]2026-04-06$4.95/sh−34,219$169,432→ 5,624,999 total(indirect: See footnote) - Sale
Common Stock
[F2][F4][F5]2026-04-07$4.91/sh−47,954$235,632→ 5,577,045 total(indirect: See footnote) - Sale
Common Stock
[F3][F4][F5]2026-04-08$4.93/sh−19,311$95,161→ 5,557,734 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 April 6, 2026, ranging from a low of $4.92 to a high of $5.02. 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 April 7, 2026, ranging from a low of $4.90 to a high of $4.97. 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 April 8, 2026, ranging from a low of $4.90 to a high of $5.015. 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
/s/ MOHAMED OMER EISSA, Name: Mohamed Omer Eissa, Title: Portfolio Manager, on behalf of International Finance Corporation|2026-04-08