International Finance Corp 4
4 · LESAKA TECHNOLOGIES INC · Filed Apr 16, 2026
Research Summary
AI-generated summary of this filing
Lesaka Technologies (LSAK) International Finance Corp Sells Shares
What Happened
- International Finance Corp (IFC), reported as a 10% owner, sold a total of 192,873 shares of Lesaka Technologies, Inc. (LSAK) in three open-market dispositions:
- Apr 14, 2026: 106,948 shares at a weighted average price of $4.90 (proceeds ≈ $524,088) (F1)
- Apr 15, 2026: 19,488 shares at a weighted average price of $4.90 (proceeds ≈ $95,536) (F2)
- Apr 16, 2026: 66,437 shares at a weighted average price of $4.90 (proceeds ≈ $325,548) (F3)
- Aggregate proceeds across the three days ≈ $945,172.
- These were sales (S) — disposals of common stock, not purchases or option exercises.
Key Details
- Transaction dates & prices: Apr 14–16, 2026; weighted average sale price reported as $4.90 with daily ranges up to $4.91–$4.94 per footnotes F1–F3. Detailed per-share price breakouts are available on request (per footnotes).
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- Reporter: IFC via its fund ALAC (IFC African, Latin American and Caribbean Fund, LP) per F4; IFC disclaims beneficial ownership except to the extent of any pecuniary interest (F5).
- Filing: Form 4 filed Apr 16, 2026; timing appears to be timely relative to the reported transaction dates.
- Notable legal note: IFC is an international organization asserting certain immunities/privileges (see Remarks).
Context
- This is institutional selling by a reported 10% owner (via an IFC-managed fund), not an officer or director trade — institutional sales can be routine portfolio/liquidity management and do not by themselves indicate company performance.
- Footnotes indicate weighted averages and price ranges by day; the filer offers to provide full per-price purchase counts to the SEC, issuer, or security holders on request.
Insider Transaction Report
Form 4
International Finance Corp
10% Owner
Transactions
- Sale
Common Stock
[F1][F4][F5]2026-04-14$4.90/sh−106,948$524,088→ 5,330,784 total(indirect: See footnote) - Sale
Common Stock
[F2][F4][F5]2026-04-15$4.90/sh−19,488$95,536→ 5,311,296 total(indirect: See footnote) - Sale
Common Stock
[F3][F4][F5]2026-04-16$4.90/sh−66,437$325,548→ 5,244,859 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 14, 2026, ranging from a low of $4.90 to a high of $4.91. 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 15, 2026, ranging from a low of $4.90 to a high of $4.93. 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 16, 2026, ranging from a low of $4.90 to a high of $4.94. 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|2026-04-16