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Form 4 Super Group (SGHC) Ltd For: Mar 31 Filed by: Menashe Neal

April 10, 2026 4:57 PM
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person *
Menashe Neal
(Last) (First) (Middle)
C/O KINGSWAY HOUSE, HAVILLAND STREET
(Street)
ST PETER PORT GY1 2QE
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Super Group (SGHC) Ltd [ SGHC ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/31/2026 M 32,300 A (1) 621,877 D
Common Stock 03/31/2026 M 108,710 A (2) 730,587 D
Common Stock 03/31/2026 M 24,277 A (3) 754,864 D
Common Stock 04/08/2026 S (4) 78,530 D $ 10.71 676,334 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Unit (RSUs) (1) 03/31/2026 (1) M 32,300 (1) (1) Common Stock 32,300 (1) 64,600 D
Restricted Stock Unit (RSUs) (2) 03/31/2026 (2) M 108,710 (2) (2) Common Stock 108,710 (2) 217,420 D
Restricted Stock Unit (RSUs) (3) 03/31/2026 (3) M 24,277 (3) (3) Common Stock 24,277 (3) 24,277 D
Explanation of Responses:
1. On March 1, 2026, Super Group (SGHC) Limited (the "Issuer") granted 96,900 restricted stock units ("RSUs") to Mr. Menashe, 32,300 of which has been settled into common stock on March 31, 2026. The remaining RSUs will vest in two equal annual installments on March 31, 2027, and March 31, 2028. Upon vesting, the RSUs will be settled on a one-for-one basis in shares of the Issuer's common stock or the cash value thereof, at the election of the Issuer.
2. On March 1, 2026, the Issuer granted 326,130 restricted stock units to Mr. Menashe, 108,710 of which has been settled into common stock on March 31, 2026. The remaining RSUs will vest in two equal annual installments on March 31, 2027, and March 31, 2028. Upon vesting, the RSUs will be settled on a one-for-one basis in shares of the Issuer's common stock or the cash value thereof, at the election of the Issuer.
3. On March 1, 2025, the Issuer granted 48,554 RSUs to Mr. Menashe, 24,277 of which have been settled into common stock on March 31, 2026. The remaining RSUs will vest on March 31, 2027. Upon vesting, the RSUs will be settled on a one-for-one basis in shares of the Issuer's common stock or the cash value thereof, at the election of the Issuer.
4. Mr. Menashe sold 78,530 shares of the Issuer's common stock upon the partial vesting of RSUs granted to him on March 31, 2026, solely to satisfy tax withholding obligations incurred upon vesting.
/s/ Menashe Neal 04/10/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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