DRDGOLD (DRD) Financial Manager Ryno Bornman Receives Award

What Happened Ryno Bornman, Financial Manager — Ergo Ops. at DRDGOLD Ltd. (DRD), was granted 32,909 deferred shares on August 26, 2026. The grant was recorded as a derivative award with an acquisition price of $0.00 (reported value $0). This was an equity compensation award (not a market purchase or sale), so it does not represent immediate cash proceeds or an open-market trade.

Key Details

• Transaction date: 2026-08-26; Form 4 filed 2026-08-27 (timely filing).
• Transaction type/code: A — Grant/Award (reported as a derivative).
• Shares granted: 32,909 deferred shares; acquisition price reported as $0.00 (total reported value $0).
• Shares owned after transaction: Not disclosed in the provided filing details.
• Footnote: The deferred shares were awarded under the Company’s Single Incentive Plan (awarded Aug 12, 2026; accepted by the reporting person on Aug 26, 2026). They vest in three equal annual installments, with the final installment vesting on Aug 12, 2029, and are subject to forfeiture if the reporting person does not remain in service through each vesting date.

Context This is a standard equity compensation grant — common for employees — and not an indication of a buy or sell decision. Because the shares are deferred and subject to multi-year vesting and forfeiture conditions, they do not provide immediate liquidity or trading activity. For retail investors, awards are informative about compensation and retention practices but are less directly informative about an insider’s short-term view of the company than open-market purchases or sales.