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IBEX director plans sale of 1,500 shares

A director of IBEX Ltd has filed a Rule 144 notice to sell up to 1,500 shares of IBEX common stock acquired via a prior restricted stock grant.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

IBEX Ltd received a Rule 144 notice for a proposed sale of common shares by director Daniella Ballou-Aares. The filing covers up to 1,500 shares of common stock, originally acquired through a restricted stock grant on December 28, 2018, to be sold through Goldman Sachs Custody Solutions on Nasdaq.

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Shares to be sold under Rule 144 1,500 shares Proposed sale of IBEX Ltd common stock by director Daniella Ballou-Aares
Aggregate market value of shares covered $60,436.50 Value associated with the 1,500 IBEX Ltd shares in the securities information section
Shares outstanding 13,278,634 shares IBEX Ltd common stock outstanding as reported in the notice
Date of restricted stock grant December 28, 2018 Acquisition date of the shares proposed for sale
Proposed sale trading market Nasdaq Listed market for IBEX Ltd common stock referenced in the filing
Rule 144 regulatory
"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.
restricted stock grant financial
"COMMON | 12/28/2018 | RESTRICTED STOCK GRANT | ISSUER"
A restricted stock grant is an award of company shares given to an employee or executive that cannot be sold or transferred until certain conditions are met, such as staying with the company for a set time or hitting performance goals. For investors, it signals how the company ties pay to future performance and can affect the number of shares outstanding and management’s incentives—think of it as a wrapped gift you only keep once you meet the requirements.
attorney-in-fact regulatory
"Signature | Lisa Lenstrohm as attorney-in-fact for Daniella Ballou-Aares"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
custody solutions financial
"COMMON | GOLDMAN SACHS CUSTODY SOLUTIONS 8180 GREENSBORO DRIVE"
Custody solutions are services that safely hold and manage financial assets on behalf of investors, including safekeeping, transaction settlement, recordkeeping and regulatory reporting—think of them as a secure vault combined with an accountant and paperwork manager. They matter because reliable custody reduces the risk of lost or misrecorded assets, speeds up trades and compliance, and can lower costs and operational headaches, so investors can trust that their holdings are protected and accessible.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 filing disclose for IBEX (IBEX)?

The Form 144 filing discloses that director Daniella Ballou-Aares intends to sell up to 1,500 shares of IBEX Ltd common stock under Rule 144, representing a proposed resale of previously acquired restricted shares through Goldman Sachs Custody Solutions on Nasdaq.

How many IBEX Ltd (IBEX) shares are covered by this Rule 144 notice?

The notice covers up to 1,500 shares of IBEX Ltd common stock. These shares were issued as a restricted stock grant on December 28, 2018, and are now eligible for potential resale under Rule 144, subject to applicable volume and other regulatory limits.

When were the IBEX (IBEX) shares proposed for sale originally acquired?

The shares proposed for sale were acquired on December 28, 2018 as a restricted stock grant from the issuer, IBEX Ltd. The current Form 144 filing relates to the potential resale of those previously granted restricted shares.

Who is the selling security holder in this IBEX (IBEX) Form 144?

The selling security holder is Daniella Ballou-Aares, identified as a director of IBEX Ltd. The Form 144 is signed by Lisa Lenstrohm acting as attorney-in-fact on behalf of Daniella Ballou-Aares.

Through which broker are the IBEX (IBEX) shares intended to be sold?

The filing lists Goldman Sachs Custody Solutions as the broker for the proposed sale of IBEX Ltd common stock. The shares are indicated for trading on Nasdaq in connection with this Rule 144 resale notice.

What is the reported market value in the IBEX (IBEX) Form 144 filing?

The Form 144 lists an aggregate market value of $60,436.50 associated with the 1,500 shares of IBEX Ltd common stock covered by the notice, based on the information provided in the securities information section.

How many IBEX Ltd (IBEX) shares are reported as outstanding in the notice?

The notice reports 13,278,634 shares of IBEX Ltd common stock as outstanding. This figure provides context for the relative size of the 1,500-share proposed sale under Rule 144.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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