Over what dates did the Lesaka (LSAK) share sales by IFC-managed funds occur?

The disclosed Lesaka share sales occurred on March 10, March 11, and March 12, 2026. Each day’s transaction is reported separately, with total sold shares of 24,532, 4,235, and 2,839 respectively, all categorized as open-market sales of Common Stock.

Who actually executed the Lesaka Technologies (LSAK) share sales reported by International Finance Corp?

The sales were executed by IFC African, Latin American and Caribbean Fund, LP and other funds managed by International Finance Corp. The reporting person may be deemed to beneficially own these indirectly held shares, but it expressly disclaims beneficial ownership beyond any pecuniary interest.

IFC-managed funds trim Lesaka Technologies (LSAK) stake with 31,606-share sale

Filing Impact

(Moderate)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

International Finance Corp, a 10% owner of Lesaka Technologies, reported open-market sales of 31,606 shares of Common Stock over three days. Funds it manages, including IFC African, Latin American and Caribbean Fund, LP, sold 24,532 shares on March 10, 4,235 on March 11, and 2,839 on March 12 at weighted average prices around $4.64 per share. After these indirect sales, 6,004,356 shares were held indirectly, and a separate entry shows 3,271,862 shares held directly as of March 10. The reporting person disclaims beneficial ownership beyond its pecuniary interest.

Insider Trade Summary

Net Seller: 31,606 shares ($146,744)

Net Sell 4 txns

Insider International Finance Corp

Role 10% Owner

Sold 31,606 shs ($147K)

Type	Security	Shares	Price	Value
Sale	Common Stock	2,839	$4.6773	$13K
Sale	Common Stock	4,235	$4.6494	$20K
Sale	Common Stock	24,532	$4.6378	$114K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 6,004,356 shares (Indirect, See footnote); Common Stock — 3,271,862 shares (Direct)

Footnotes (1)

Represents the weighted average price of Common Stock sold by IFC African, Latin American and Caribbean Fund, LP ("ALAC"), a United Kingdom limited partnership, of which IFC African, Latin American and Caribbean Fund (GP) LLC, a Delaware limited liability company, serves as general partner, on March 10, 2026, ranging from a low of $4.545 to a high of $4.75. The Reporting Person undertakes, upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer to provide full information regarding the number of shares purchased at each separate price. Represents the weighted average price of Common Stock sold by ALAC on March 11, 2026, ranging from a low of $4.63 to a high of $4.66. The Reporting Person undertakes, upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer to provide full information regarding the number of shares purchased at each separate price. Represents the weighted average price of Common Stock sold by ALAC on March 12, 2026, ranging from a low of $4.66 to a high of $4.7250. The Reporting Person undertakes, upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer to provide full information regarding the number of shares purchased at each separate price. The Reporting Person may be deemed to beneficially own shares of Common Stock held indirectly through three funds managed by the Reporting Person that invests third party capital in conjunction with the Reporting Person's investments: (a) ALAC; (b) IFC Financial Institutions Growth Fund, LP, a United Kingdom limited partnership, of which IFC FIG Fund (GP), LLP, a United Kingdom limited liability partnership, serves as general partner; and (c) Africa Capitalization Fund Ltd., a Mauritius limited company primarily engaged in the business of investing in securities. The Reporting Person disclaims beneficial ownership of the securities reported herein for purposes of Rule 16a-1(a) under the Exchange Act, except to the extent of its pecuniary interest therein, if any. This report shall not be deemed an admission that the Reporting Person is a beneficial owner for the purpose of Section 16 of the Exchange Act, or for any other purpose.

Form 4 Insider Transactions: What Each Field Means →

03/12/2026 - 09:47 PM

SEC Form 4

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

International Finance Corp

(Last)

(First)

(Middle)

2121 PENNSYLVANIA AVENUE

(Street)

WASHINGTON

20433

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
LESAKA TECHNOLOGIES INC [ LSAK ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	03/10/2026		S		24,532	D	$4.6378⁽¹⁾	6,011,430	I	See footnote⁽⁴⁾⁽⁵⁾
Common Stock	03/11/2026		S		4,235	D	$4.6494⁽²⁾	6,007,195	I	See footnote⁽⁴⁾⁽⁵⁾
Common Stock	03/12/2026		S		2,839	D	$4.6773⁽³⁾	6,004,356	I	See footnote⁽⁴⁾⁽⁵⁾
Common Stock								3,271,862	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Represents the weighted average price of Common Stock sold by IFC African, Latin American and Caribbean Fund, LP ("ALAC"), a United Kingdom limited partnership, of which IFC African, Latin American and Caribbean Fund (GP) LLC, a Delaware limited liability company, serves as general partner, on March 10, 2026, ranging from a low of $4.545 to a high of $4.75. The Reporting Person undertakes, upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer to provide full information regarding the number of shares purchased at each separate price.

2. Represents the weighted average price of Common Stock sold by ALAC on March 11, 2026, ranging from a low of $4.63 to a high of $4.66. The Reporting Person undertakes, upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer to provide full information regarding the number of shares purchased at each separate price.

3. Represents the weighted average price of Common Stock sold by ALAC on March 12, 2026, ranging from a low of $4.66 to a high of $4.7250. The Reporting Person undertakes, upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer to provide full information regarding the number of shares purchased at each separate price.

4. The Reporting Person may be deemed to beneficially own shares of Common Stock held indirectly through three funds managed by the Reporting Person that invests third party capital in conjunction with the Reporting Person's investments: (a) ALAC; (b) IFC Financial Institutions Growth Fund, LP, a United Kingdom limited partnership, of which IFC FIG Fund (GP), LLP, a United Kingdom limited liability partnership, serves as general partner; and (c) Africa Capitalization Fund Ltd., a Mauritius limited company primarily engaged in the business of investing in securities.

5. The Reporting Person disclaims beneficial ownership of the securities reported herein for purposes of Rule 16a-1(a) under the Exchange Act, except to the extent of its pecuniary interest therein, if any. This report shall not be deemed an admission that the Reporting Person is a beneficial owner for the purpose of Section 16 of the Exchange Act, or for any other purpose.

Remarks:

IFC is an international organization established by Articles of Agreement among its member countries, including the United States, and as such, enjoys certain immunities, privileges and exemptions, including the freedom of all of its property and assets from restrictions, regulations, controls and moratoria of any nature. The voluntary provision by IFC of the following information does not in any way constitute or imply a waiver, termination or modification by IFC of any privilege, immunity or exemption of IFC granted in the Articles of Agreement establishing IFC, international conventions, or applicable law.

	INTERNATIONAL FINANCE CORPORATION	03/12/2026
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What insider activity did International Finance Corp report for Lesaka Technologies (LSAK)?

International Finance Corp reported that funds it manages sold 31,606 shares of Lesaka Technologies Common Stock in open-market transactions. These sales occurred over three days and are disclosed as indirect holdings, reflecting activity by affiliated investment funds rather than operational insiders.

What prices did IFC-associated funds receive for the sold Lesaka Technologies (LSAK) shares?

The reported transactions used weighted average sale prices around $4.64 per share. Footnotes state price ranges each day: from $4.545 to $4.75 on March 10, $4.63 to $4.66 on March 11, and $4.66 to $4.7250 on March 12, 2026.

How many Lesaka (LSAK) shares does International Finance Corp hold after these transactions?

Following the last reported indirect sale, 6,004,356 shares of Lesaka Common Stock were held indirectly. A separate holding entry shows 3,271,862 shares held directly as of March 10, 2026, indicating a large remaining position even after the disclosed open-market sales.

Does International Finance Corp fully acknowledge beneficial ownership of all reported Lesaka (LSAK) shares?

International Finance Corp states it may be deemed to beneficially own shares held through three managed funds but disclaims beneficial ownership for Section 16 purposes beyond its pecuniary interest. The report should not be considered an admission of beneficial ownership under the Exchange Act.