DRDGOLD (DRD) Mashatola Mpho Receives Award, Sells Shares

What Happened
Mashatola Mpho, Group Finance & Business Development Manager at DRDGOLD (DRD), had 11,721 deferred shares vest and be settled 1-for-1 into ordinary shares on August 13, 2026 (no cash paid). Following the vesting, 5,275 of those ordinary shares were sold in a pooled sale on August 31–September 1, 2026 for an average price of ZAR 44.4764 per share (reported as $2.75 per share), generating proceeds of $14,530. The remaining 6,446 ordinary shares were transferred to and retained in Mpho’s name.

Key Details

• Vesting/settlement date: August 13, 2026 — 11,721 deferred shares converted to ordinary shares for no consideration (per footnote F1).
• Sale dates: pooled sale conducted August 31 and September 1, 2026 — 5,275 shares sold at an average ZAR 44.4764 (~$2.75), proceeds $14,530 (footnote F2, F3).
• Shares retained after sale: 6,446 ordinary shares remain in the reporting person's name.
• Currency: underlying transactions denominated in South African rand; USD amounts converted using South African Reserve Bank rates (F3).
• Filing: Form 4 filed September 3, 2026, covering the August 13 vesting and the August 31–September 1 sale.
• Footnote on holdings: filing notes additional Deferred Shares holdings reported previously (see F4).

Context

• The August 13 entry was a vesting/settlement of deferred share awards (not a market purchase).
• Part of the vested shares were sold in a pooled sale shortly after vesting and part were retained.
• These transactions are typical reporting of award vesting and subsequent partial disposition; the filing provides no statement on the insider’s motives.