---
schema_version: "secwatch.filing_event.v1"
accession: "0001062993-26-004931"
form_type: "8-K"
ticker: "LSAK"
cik: "0001041514"
company_name: "LESAKA TECHNOLOGIES INC"
filed_at: "2026-09-14T20:05:35+00:00"
generated_at: "2026-09-14T20:06:24.743357+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Lesaka boosts CFO Dan Smith's salary; sets FY2027 incentive awards for four executives

## Summary
- CFO Dan Smith's annual base salary raised to ZAR 7,222,500 (~$447,053), effective Sept 1, 2026.
- FY2027 cash incentive awards adopted for Heilbron, Kola, Mali, Smith; each eligible for 20%-120% of base salary.
- Heilbron max award $480,000 (70% qualitative, includes Bank Zero acquisition); Kola max $480,000 (75% quantitative).
- Mali max award ZAR 9,600,000 (~$594,214); Smith max ZAR 8,667,000 (~$536,464).
- Awards discretionary; quantitative targets include net revenue, adjusted EBITDA, adjusted EPS, and net debt:EBITDA.

## SEC filing metadata
- accession: 0001062993-26-004931
- form_type: 8-K
- ticker: LSAK
- cik: 0001041514
- company_name: LESAKA TECHNOLOGIES INC
- filed_at: 2026-09-14T20:05:35+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1041514/000106299326004931/0001062993-26-004931-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1041514/000106299326004931/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001062993-26-004931
- JSON: https://secwatch.observer/filing/0001062993-26-004931.json
- Plain text: https://secwatch.observer/filing/0001062993-26-004931.txt

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