Drdgold Ltd COO sells $230,886 in DRD shares on the open market
The sale reduces the insider's holding by 57%, the filing shows.
Jacobus Schoeman, a chief operating officer of Drdgold Ltd (DRD), sold 94,575 shares on Oct 27 at an average price of $2.44, a total of $230,886, according to a Form 4 filed with the SEC on Oct 28.
The Form 4 does not tick the Rule 10b5-1 box: the sale is not reported as part of a pre-arranged trading plan. The trade was reported within two business days, as Section 16 requires.
The insider still holds 70,000 shares after the sale, 57% fewer than before.
The numbers below are taken from the Form 4 as filed with the SEC.
| Company | Drdgold Ltd (DRD) |
|---|---|
| Insider | Jacobus Schoeman |
| Role | COO |
| Transaction | Open-market sale (code S) |
| Shares | 94,575 |
| Average price | $2.44 |
| Value | $230,886 |
| Trade date | Oct 27, 2026 |
| Filed with the SEC | Oct 28, 2026, 12:32 PM ET |
| Shares held after | 70,000 |
| Ownership | Direct |
| Rule 10b5-1 plan | Not marked in the filing |
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Source: SEC Form 4. Information only, not investment advice. Not affiliated with or endorsed by the U.S. Securities and Exchange Commission.
