Caledonia Mining CMCL Insider Ownership

Updated Oct 11, 2026

In the last 12 months, insiders at Caledonia Mining made open-market purchases of $1.08 million (48.15K shares) and open-market sales of $343,800 (20K shares).

• By number of insiders, Caledonia Mining saw 2 insiders buy and one insider sell on the open market over the past 12 months.
• Among CMCL insiders, July Ndlovu (Director) bought the most stock on the open market in the past 12 months: $864,992 (36.4K shares), most recently on August 13, 2026.
• On the selling side, July Ndlovu (Director) sold the most Caledonia Mining stock on the open market over the past 12 months, $343,800 (20K shares), most recently on May 18, 2026.
• Apart from open-market trades, CMCL insiders received 9.2K shares in stock awards in the past 12 months.
• According to Business Quant data, insiders at Caledonia Mining reported 3.19Mn shares in total in their latest Form 4 filings, up 0.68% from 3.17Mn shares at the end of Q2 2026.
• Of the 3.19Mn shares held by Caledonia Mining insiders, 503.74K shares (15.80%) are held directly and 2.68Mn shares (84.20%) indirectly, through trusts, partnerships, family members and other entities.
• The insider holdings in Caledonia Mining belong to 4 insiders who have reported on Form 4 within the past two years.
• Caledonia Mining's top three insider holders by shares held are Victor Gapare (Director and 10% owner, 2.46Mn shares), July Ndlovu (Director, 479.58K shares) and John Mark Learmonth (Chief Executive Officer, 223.98K shares).
• The largest insider, Victor Gapare, holds 77.01% of CMCL's insider total.
• Institutional investors held 47.53% of Caledonia Mining stock at the end of Q2 2026, while the latest Form 4 filings of its insiders account for about 16.54%; other investors, including the public, hold roughly 35.93%.
• In the last 12 months, 6 Form 4 filings with transactions in CMCL stock came from 4 insiders.
• This summary of Caledonia Mining insider activity covers Form 4 filings through August 17, 2026.