IBEX officer plans $649K stock sale in 2026
IBEX Ltd (IBEX) received a notice that company officer David Martin Afdahl plans to sell 17,500 shares of common stock under Rule 144.
Rhea-AI Filing Summary
IBEX Ltd (IBEX) received a notice that company officer David Martin Afdahl plans to sell 17,500 shares of common stock under Rule 144. The planned sale, through RBC Capital Markets LLC, has an indicated aggregate market value of $649,008.00 and references 13,389,116 shares outstanding for this class.
The shares are tied to an ISO exercise dated June 30, 2020 and are to be sold on or after September 8, 2026 on NASDAQ pursuant to a Rule 10b5-1 trading plan established June 8, 2026.
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Key Figures
Shares to be sold: 17,500 shares
Aggregate market value: $649,008.00
Shares outstanding: 13,389,116 shares
+3 more
6 metrics
Shares to be sold
17,500 shares
Planned Rule 144 sale of IBEX Ltd common stock by an officer
Aggregate market value
$649,008.00
Value associated with the 17,500 IBEX common shares to be sold
Shares outstanding
13,389,116 shares
Number of IBEX Ltd common shares outstanding for the class referenced
Approximate date of sale
September 8, 2026
Planned sale date for the Rule 144 transaction on NASDAQ
ISO exercise date
June 30, 2020
Date tied to the ISO exercise for the shares to be sold
Rule 10b5-1 plan date
June 8, 2026
Date the Rule 10b5-1 trading plan governing this sale was established
Key Terms
Rule 144, Rule 10b5-1 plan, aggregate market value, ISO EXERCISE
4 terms
Rule 144 regulatory
"Name of Person for Whose Account the Securities are To Be Sold | Afdahl David Martin See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Rule 10b5-1 plan regulatory
"Remarks | SOLD PURSUANT TO A RULE 10B5-1 PLAN ESTABLISHED 06-08-26"
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
aggregate market value financial
"COMMON | RBC CAPITAL MARKETS LLC ... | 17500 | 649008.00 | 13389116 | 09/08/2026"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
ISO EXERCISE financial
"COMMON | 06/30/2020 | ISO EXERCISE | ISSUER | | | 17500 | 06/30/2020 | N/A"
FAQ
Who is the IBEX (IBEX) insider involved in this Rule 144 transaction?
The person for whose account the securities are to be sold is David Martin Afdahl, identified in the notice as an officer of IBEX Ltd.
Was the IBEX (IBEX) Rule 144 sale entered under a Rule 10b5-1 trading plan?
Yes. The remarks state the shares are sold pursuant to a Rule 10b5-1 plan that was established June 8, 2026, covering this planned Rule 144 transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.