Henriette Hooijer, Chief Financial Officer and Director of DRDGOLD Ltd, filed a Form 4 on October 28, 2026, reporting the vesting of conditional share awards and a subsequent open-market sale of ordinary shares on October 27, 2026.

Key Highlights

  • Vesting event: 50,415 Conditional Share Awards vested on October 25, 2026, representing 60% of awards originally granted on October 25, 2023, and were settled in Ordinary Shares for no consideration.
  • Shares sold: 22,687 Ordinary Shares were sold on October 27, 2026, at an average price of $2.4413 per share (ZAR 40.7170 per share).
  • Forfeiture: 33,610 Conditional Share Awards, representing the remaining 40% of the October 25, 2023 grant, were forfeited without consideration because applicable performance conditions were not fully satisfied.
  • Remaining ownership: Following all reported transactions, Hooijer directly holds 199,827 Ordinary Shares.
  • Future awards: A separate grant of 95,415 Conditional Share Awards is scheduled to vest on October 22, 2027, subject to continued service and performance conditions.

DRDGOLD CFO Hooijer: October 2026 Award Vesting and Share Sale Details

According to the filing, Henriette Hooijer, who serves as both Chief Financial Officer and Director of DRDGOLD Ltd (NYSE:DRD), reported two distinct activity dates in October 2026. On October 25, 2026, 50,415 Conditional Share Awards granted on October 25, 2023 under the company's Equity-settled Long Term Incentive Scheme vested at a rate of 60%, based on the company's determination of the extent to which the applicable performance conditions were satisfied. The awards were settled on a one-for-one basis in Ordinary Shares for no consideration, bringing Hooijer's directly held ordinary share total to 222,514 at that point.

The filing also discloses that the remaining 40% of the October 25, 2023 grant, amounting to 33,610 Conditional Share Awards, were forfeited without consideration. The company determined that the applicable performance conditions for this portion were not fully satisfied. On October 27, 2026, 22,687 Ordinary Shares were sold on Hooijer's behalf as part of a pooled sale following the vesting event, at an average price of $2.4413 per share. The filing notes that the underlying transaction was denominated in South African rand, with an average sale price of ZAR 40.7170 per Ordinary Share, converted using the South African Reserve Bank exchange rate in effect on the transaction date.

After all reported transactions, the filing states that Hooijer directly holds 199,827 Ordinary Shares. Separately, the filing discloses an outstanding grant of 95,415 Conditional Share Awards, each representing a contingent right to receive one ordinary share, scheduled to vest on October 22, 2027, subject to Hooijer's continued service to the company or its subsidiaries and satisfaction of applicable performance conditions.

What Was Disclosed

DRDGOLD CFO Henriette Hooijer reported the partial vesting and settlement of a 2023 long-term incentive award, the forfeiture of the unvested portion, a pooled sale of 22,687 shares, and a remaining beneficial ownership of 199,827 Ordinary Shares directly held.