Keyter Charl 4

What Happened
Charl Keyter, Chief Financial Officer of Sibanye Stillwater Ltd (SBSW), purchased 200,000 shares in an open‑market transaction on June 26, 2026. The reported U.S. dollar value of the purchase was $448,000 (per‑share price $2.24); the underlying price was ZAR 36.80 per share and converted to USD using the South African Reserve Bank rate.

Key Details

• Transaction date: 2026-06-26 (reported on Form 4 filed 2026-06-30) — filing appears timely under the two-business‑day rule.
• Transaction type/code: Open market purchase (P).
• Shares purchased: 200,000 shares at $2.24 per share (reported USD); ZAR 36.80 per share (original currency).
• Total value: Approximately $448,000 (USD).
• Shares owned after transaction: Not disclosed in the information provided.
• Footnote: Amounts were converted from South African rand (ZAR) to USD using the South African Reserve Bank exchange rate in effect on the transaction date.

Context
This was a straight purchase (not an option exercise, award, or gift). Purchases by officers are often watched by investors as one data point on insider sentiment, but they do not alone indicate company performance or future moves.