---
schema_version: "secwatch.filing_event.v1"
accession: "0001062993-24-011609"
form_type: "8-K"
ticker: "LSAK"
cik: "0001041514"
company_name: "LESAKA TECHNOLOGIES INC"
filed_at: "2024-06-03T23:59:59+00:00"
generated_at: "2026-06-01T06:42:36.391091+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Lesaka shareholders approve 4M option grant to Executive Chairman and 3M share plan increase

## Summary
- Shareholders approved grant of 4,000,000 stock options to Executive Chairman Ali Mazanderani; exercise prices $6, $8, $11, $14 per share.
- Options vest upon continuous employment through Jan 31, 2026; exercisable only after Jan 31, 2028; expire Jan 31, 2029.
- Shareholders also approved amendment to Stock Incentive Plan increasing authorized shares by 3,000,000.
- Option Award vote: 37,833,315 For, 2,659,068 Against, 38,437 Abstain.
- Plan amendment vote: 37,662,353 For, 2,831,772 Against, 36,695 Abstain.

## SEC filing metadata
- accession: 0001062993-24-011609
- form_type: 8-K
- ticker: LSAK
- cik: 0001041514
- company_name: LESAKA TECHNOLOGIES INC
- filed_at: 2024-06-03T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 5.02, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1041514/000106299324011609/0001062993-24-011609-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1041514/000106299324011609/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001062993-24-011609
- JSON: https://secwatch.observer/filing/0001062993-24-011609.json
- Plain text: https://secwatch.observer/filing/0001062993-24-011609.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.