SBSW Insider Trading

Sibanye Stillwater Limited (SBSW) operates in the Basic Materials sector, specifically the Other Precious Metals industry, with a market capitalization near $7.01B, listed on NYSE, employing roughly 72,423 people, carrying a beta of 0.92 to the broader market. Sibanye Stillwater Limited, along with its various subsidiaries, functions as a prominent precious metals mining entity with operations spanning South Africa, the United States, Zimbabwe, Canada, and Argentina. Led by Richard Andrew Stewart, public since 2013-02-11.

In the last 12 months, Sibanye Stillwater Limited insiders made 8 buy transactions and 0 sale transactions.

DateNameTypeSharesPriceValue
Jul 1, 2026Menell Richard PeterP-Purchase15,000$2.19$32.9K
Jun 30, 2026Keyter CharlP-Purchase200,000$2.24$448.0K
Apr 1, 2026Nkosi Themba GeorgeP-Purchase11,865$2.91$34.5K
Mar 31, 2026Carter Charles EdwardP-Purchase10,000$11.40$114.0K
Mar 25, 2026Keyter CharlP-Purchase35,000$2.70$94.5K
Mar 25, 2026Menell Richard PeterP-Purchase2,500$11.43$28.6K
Mar 20, 2026Keyter CharlP-Purchase148,819$11.63$1.7M
Mar 19, 2026Maphai Thabane VincentP-Purchase12,000$13.34$160.1K
Mar 18, 2026Boisseau Philippe0$0.00$0
Mar 17, 2026Nkosi Themba George0$0.00$0

SBSW Insider Activity by Quarter

Reported Form 4 and Form 5 lines under SBSW's own SEC company ID, by transaction date, back to Q4 2024. Purchases and sales are code P / S (open market or private) in the company's shares; other lines are purchases and sales of other securities (options, warrants, preferred), awards, exercises, tax withholding, gifts and other acquisitions and dispositions. Later filings and amendments can change the current quarter. Earlier quarters are not shown: the filings read reach back to Mar 5, 2007, and a quarter counts only when every filing for it was read. 14 lines filed under another SEC company ID are not counted.

QuarterPurchasesBoughtSalesSoldOther Lines
Q4 2026 (so far)0N/A0N/A0
Q3 20260N/A0N/A0
Q2 20262$480.9K0N/A0
Q1 20266$2.2M0N/A0
Q4 20250N/A0N/A0
Q3 20250N/A0N/A0
Q2 20250N/A0N/A0
Q1 20250N/A0N/A0
Q4 20240N/A0N/A0

Filings Under Another SEC Company ID

14 filing lines on file were filed under an SEC company ID (CIK) other than SBSW's (1786909). Such a filing can be a predecessor company's (one that reorganized, redomiciled or converted files under a new CIK), a former holder of the SBSW ticker's, or another company's that SBSW or its insiders report holding; the CIK alone does not say which. They are not counted in the figures above.

CIKLinesDatesSecurities
128849614Sep 7, 2006 to Dec 14, 2010Common Stock, Common Stock Warrant (right to buy), 3% Convertible Note due 2014

SBSW Institutional Ownership (13F)

As of Jun 30, 2026 (Q2 2026), 256 institutions reported holding 131,137,325 SBSW shares, valued at $1.12B as reported, 17.9% of its market cap (market cap of Jun 26, 2026). That is -15 institutions from the quarter before. Among managers whose reports for both quarters are comparable, 38 opened a position, 50 closed one, 83 added and 89 trimmed.

Top Holders, Q2 2026

ManagerSharesValueChange
Lingotto Investment Management LLP19,075,936$162.0M-500,000
TWO SIGMA INVESTMENTS, LP7,273,849$61.8M+969,883
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP6,068,656$51.5M-2,834,471
Bridgewater Associates, LP5,691,634$48.3M+1,265,183
UBS Group AG5,369,975$45.6M+1,530,589
Condire Management, LP5,244,469$44.5MUnchanged
Goehring & Rozencwajg Associates, LLC4,580,794$38.9M+310,725
MORGAN STANLEY4,576,952$38.9M-1,976,217
D. E. Shaw & Co., Inc.4,444,348$37.7M-612,304
RENAISSANCE TECHNOLOGIES LLC4,097,087$34.8M+2,270,183

By Quarter

QuarterInstitutionsSharesValue
Q2 2026256131,137,325$1.12B
Q1 2026271139,481,047$1.72B
Q4 2025269134,262,280$1.91B
Q3 2025244181,943,931$2.04B
Q2 2025223155,217,568$1.12B
Q1 2025174131,782,774$603.0M
Q4 2024188104,957,447$347.1M
Q3 2024179109,084,367$448.4M
Q2 2024195118,947,599$518.0M

From the SEC's Form 13F data sets: investment managers with $100 million or more in Section 13(f) securities report their holdings each quarter, up to 45 days after it ends; a restated filing replaces the original, and values are as the managers reported them (a position whose price runs about 1,000 times below other managers', from a manager whose positions mostly do, is read as reported in thousands of dollars). The same shares can be reported by more than one manager, so totals can count some twice.

ETFs Holding SBSW

FundWeight of SBSWShares (as reported)Value (as reported)Source updated
AVEM Avantis Emerging Markets Equity ETF0.10%2,902,703$28.1MOct 8, 2026
BFLX iShares Flexible Equity Active ETF0.22%490,040$4.7MOct 8, 2026
AVES Avantis Emerging Markets Value ETF0.16%265,233$2.6MOct 8, 2026
FTHI First Trust BuyWrite Income ETF0.08%201,779$2.0MOct 8, 2026
DFEM Dimensional - Emerging Markets Core Equity 2 ETF0.02%187,698$1.8MOct 8, 2026
DFAX Dimensional World ex U.S. Core Equity 2 ETF0.01%163,168$1.6MOct 8, 2026
DFAE Dimensional - Emerging Core Equity Market ETF0.01%154,944$1.5MOct 8, 2026
DEHP Dimensional - Emerging Markets High Profitability ETF0.22%103,490$1.0MOct 8, 2026
AVXC Avantis Emerging Markets ex-China Equity ETF0.20%100,249$970.4KOct 8, 2026
AFK VanEck Africa Index ETF0.61%59,911$599.7KOct 8, 2026
DEXC Dimensional - Emerging Markets ex China Core Equity ETF0.16%50,113$485.1KOct 8, 2026
EMET VanEck Copper and Green Metals ETF1.18%41,634$416.8KOct 8, 2026
AVSE Avantis Responsible Emerging Markets Equity ETF0.17%40,819$395.1KOct 8, 2026
METL Sprott Active Metals & Miners ETF0.34%28,021$271.2KOct 8, 2026
FMTL First Trust Indxx Critical Metals ETF0.84%25,506$246.9KOct 8, 2026

From each fund's latest holdings file on record that shows SBSW's listed security itself. A file counts when its line count is consistent with the fund's reported holdings count (at most twice it plus 10, or at most 1,000 lines for a reported count of exactly 10, which the data source gives many funds as a cap), read with that file or inherited from the fund's last classified file (within 20% of its line count, read within 60 days). Funds whose line for the company could not be confirmed as SBSW's listed security, or that hold it through underlying funds (look-through), are not listed. Only long positions count: a fund is left out when any of its lines for SBSW reports a negative weight, share count or value, or none of them above zero (a short position, or figures that disagree). Shares, value and weight are as reported in each fund's file, dated by the data source's last update of that file (not the date of the positions); the weight is SBSW's share of that fund.

How to Read SBSW Insider Activity

Net insider sentiment is bullish over the trailing twelve months: 8 buy transactions versus 0 sales. Cluster buying by officers or directors is one of the cleaner insider signals because purchases require personal capital deployment and carry direct SEC scrutiny for material non-public information violations. The transaction table above includes the filer's reporting name, transaction type, share count, per-share price, and total dollar value where computable. For options traders, insider activity is one input to event-driven sizing alongside earnings calendar, analyst-rating cluster moves, and the implied-vol surface. Form 4 filings (the dominant Section 16 reporting form) must be submitted within two business days of the transaction; clusters of buys across multiple insiders within a short window are the strongest informational pattern. SEC EDGAR carries the underlying source filings for verification and additional historical depth.

Learn how insider trading is reported and how to read the data →

Frequently asked SBSW insider trading questions

How active are SBSW insiders right now?
Over the trailing twelve months, Sibanye Stillwater Limited (SBSW) insiders made 8 buy transactions and 0 sale transactions. Net insider sentiment over the trailing twelve months tilts to the buy side (8 buys vs 0 sales). The transaction list above shows the most recent filings; each entry includes the insider's name, transaction type, share count, and per-share price.
What counts as an insider transaction?
Section 16 of the Securities Exchange Act requires officers, directors, and 10% beneficial-owner shareholders to disclose changes in their holdings via Form 3 (initial statement), Form 4 (subsequent transactions, filed within two business days), and Form 5 (annual catch-up). Insider transactions cover open-market purchases and sales, exercise of stock options, gifts, and grants. The "transaction type" field on each row distinguishes these subcategories.
Are SBSW insider buys a bullish signal?
Insider purchases (Type P, made on the open market or privately; the code covers both) carry more informational weight than insider sales: an insider must commit personal capital, and the SEC scrutinizes purchases under Rule 10b5-1 for material non-public information. Sales, by contrast, are often driven by liquidity, tax planning, or pre-scheduled 10b5-1 trading plans rather than negative information. Cluster buying (multiple insiders buying within a short window) is a stronger signal than isolated buys.
How do SBSW insider transactions affect options pricing?
Insider transaction data does not directly drive implied volatility, but Form 4 disclosures can move single-name IV if the size or timing is unusual (e.g. a large CEO buy ahead of an earnings window). Options markets price the marginal informational content; routine transactions under pre-scheduled plans are typically ignored. For event-driven options sizing, pair the insider transaction history with the upcoming earnings calendar.