[144] IBEX Ltd SEC Filing
Rhea-AI Filing Summary
IBEX Ltd filed a Form 144 reporting a proposed sale of 6,711 common shares with an aggregate market value of $265,632.78, expected to occur on 10/02/2025 on NASDAQ. The shares were acquired by vesting of a performance grant on 09/30/2025 totaling 14,524 shares. The filing also discloses two recent sales by the same account: 1,634 shares sold on 08/26/2025 for $47,544.08 and 45,027 shares sold on 09/16/2025 for $1,751,100.03. The filer attests there is no undisclosed material adverse information.
Positive
- Proposed sale is disclosed publicly, satisfying Rule 144 notice requirements
- Securities to be sold were acquired by vesting on 09/30/2025, not by undisclosed private transfers
Negative
- Recent large insider sale of 45,027 shares on 09/16/2025 generated $1,751,100.03
- Aggregate recent sales of 46,661 shares in the past three months could increase share supply
Insights
TL;DR: Insider plans to sell 6,711 vested shares after recent large disposals.
The filing shows a proposed sale on 10/02/2025 of 6,711 shares valued at $265,632.78, following a 09/30/2025 vesting of 14,524 performance shares. Two prior sales by the same account totaled 46,661 shares for $1,798,644.11 across 08/26/2025 and 09/16/2025.
This pattern is factual disclosure of insider liquidity events; it documents share supply hitting the market but does not state intent beyond the Form 144 notice.
TL;DR: The shares to be sold were recently acquired via a performance grant vesting.
The securities listed for sale were acquired on 09/30/2025 through the vesting of a performance grant totaling 14,524 shares, with 6,711 of those listed for proposed sale. The filing includes historical sale details for the same account which are fully itemized with dates and proceeds.
This filing provides the required transactional record under Rule 144; no additional trading plan or 10b5-1 adoption date is disclosed in the form.