IBEX officer plans $433K stock sale under 10b5-1

Officer David Martin Afdahl filed a Form 144 indicating potential sales of IBEX common stock under Rule 144 pursuant to a pre-arranged Rule 10b5-1 trading plan.

Rhea-AI Filing Summary

IBEX Ltd (IBEX) received a Form 144 notice that officer David Martin Afdahl may sell shares of IBEX common stock under Rule 144. The notice covers a proposed sale of 10,819 shares through RBC Capital Markets LLC on NASDAQ, with an aggregate market value of $433,482.00 as reflected in the form.

The securities to be sold were acquired via a restricted stock award vesting on December 31, 2018. The filer also reports that, during the prior three months, 17,500 IBEX shares were sold for an aggregate consideration of $649,008.00. The filing states the planned sale is made pursuant to a Rule 10b5-1 plan established June 8, 2026.

Key Figures

Proposed shares to be sold under Form 144: 10,819 shares Aggregate market value of proposed sale: $433,482.00 Shares sold in prior three months: 17,500 shares +4 more

7 metrics

Proposed shares to be sold under Form 144 10,819 shares Common stock covered by the new Form 144 notice

Aggregate market value of proposed sale $433,482.00 Value associated with 10,819 IBEX common shares in the Form 144

Shares sold in prior three months 17,500 shares IBEX shares sold on September 8, 2026, reported in the Form 144

Aggregate proceeds from prior three months’ sales $649,008.00 Consideration for 17,500 IBEX shares sold on September 8, 2026

RSA vesting date December 31, 2018 Acquisition date/vesting date of the restricted stock award for the shares

Rule 10b5-1 plan establishment date June 8, 2026 Date the trading plan governing the sales was established

Date of Notice September 14, 2026 Date of the Form 144 notice filing

Key Terms

Rule 144, Rule 10B5-1 plan, restricted stock award, Form 144

4 terms

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.

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.

restricted stock award financial

"COMMON | 12/31/2018 | RSA VEST | ISSUER"

A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.

Form 144 regulatory

"144: Filer Information"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

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 discloses that officer David Martin Afdahl may sell 10,819 shares of IBEX common stock under Rule 144, with sales to be executed through RBC Capital Markets LLC on NASDAQ.

How many IBEX (IBEX) shares are covered by the new Form 144 notice?

The notice covers a proposed sale of 10,819 IBEX common shares. The Form 144 lists an aggregate market value of $433,482.00 for these shares, based on the information entered in the securities section.

What prior IBEX (IBEX) share sales does the Form 144 report?

The filing reports that in the past three months, 17,500 IBEX shares were sold on September 8, 2026, for an aggregate consideration of $649,008.00, with the seller identified as David Afdahl in care of RBC Capital Markets LLC.

How were the IBEX (IBEX) shares to be sold originally acquired?

The Form 144 states the IBEX shares to be sold were acquired as a restricted stock award (RSA) vesting on December 31, 2018, with the issuer listed as the source of the securities.

Is the IBEX (IBEX) Form 144 sale under a Rule 10b5-1 trading plan?

Yes. The remarks section states the shares are sold pursuant to a Rule 10b5-1 plan established June 8, 2026, indicating a pre-arranged trading plan governs the transactions.

Who is the broker for the IBEX (IBEX) shares in this Form 144?

The broker listed is RBC Capital Markets LLC, located at 250 Nicollet Mall, Suite 1700, Minneapolis, MN 55401. The proposed sale of 10,819 shares is to be executed through this firm on NASDAQ.

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

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Available on EDGAR 09/14/2026 - 01:03 PM Accepted by SEC EDGAR 09/14/2026 - 01:02 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001974087
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	IBEX Ltd
SEC File Number	001-38442
Address of Issuer	1717 PENNSYLVANIA AVENUE NW SUITE 825 WASHINGTON DISTRICT OF COLUMBIA 20006
Phone	(202)580-6200
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. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Officer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
COMMON	RBC CAPITAL MARKETS LLC 250 NICOLLET MALL, SUITE 1700 MINNEAPOLIS MN 55401	10819	433482.00	13389116	09/14/2026	NASDAQ

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
COMMON	12/31/2018	RSA VEST	ISSUER			10819	12/31/2018	N/A

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
DAVID AFDAHL C/O RBC CAPITAL MARKETS LLC 250 NICOLLET MALL MINNEAPOLIS MN 55401	IBEX LTD	09/08/2026	17500	649008.00

144: Remarks and Signature

Remarks	SOLD PURSUANT TO A RULE 10B5-1 PLAN ESTABLISHED 06-08-26
Date of Notice	09/14/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	06/08/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	POA / JEFFREY EISCHENS
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)