[144] IBEX Ltd SEC Filing
Rhea-AI Filing Summary
IBEX Ltd filed a Form 144 notifying a proposed sale of 697 common shares with an aggregate market value of $27,587.95, scheduled approximately for 10/02/2025. The filing shows 13,315,077 shares outstanding for the issuer and states the 697 shares were acquired on 09/30/2025 by vesting of a performance grant (2,347 shares noted as granted and vested on that date).
The filing also discloses prior sales by Paul Joseph Inson within the past three months: 10,000 shares on 08/22/2025 for $300,013.00, 255 shares on 08/26/2025 for $7,428.15, and 3,831 shares on 09/12/2025 for $149,179.14. The filer certifies no undisclosed material adverse information is known.
Positive
- Form 144 filed, indicating procedural compliance for proposed insider sale
- Proposed sale of 697 shares is small relative to 13,315,077 shares outstanding
Negative
- Insider sales of 14,086 shares in the past three months generating $456,620.29
- Vesting-based acquisition on 09/30/2025 may indicate insiders are realizing compensation-derived shares
Insights
Form 144 documents a planned insider sale and recent insider disposals.
The filing records a proposed sale of 697 shares valued at $27,587.95 and confirms acquisition by vesting of a performance grant on 09/30/2025, which is relevant to Rule 144 timing and holding-period considerations.
This notice and the listed prior sales on 08/22/2025, 08/26/2025, and 09/12/2025 show compliance steps required for exempt distributions; the signature representation about lack of undisclosed material information is a standard legal attestation in these filings.
Insider selling activity is visible but the proposed sale size is small relative to shares outstanding.
The proposed 697-share sale equals ~0.0052% of the reported 13,315,077 shares outstanding, indicating the immediate proposed sale is immaterial to market cap.
However, disclosed prior sales totaled $456,620.29 across three transactions in the past three months, which investors may note as recent insider liquidity.