IBEX CFO granted 5,500 RSUs in stock award
Greenwald Taylor C reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Greenwald Taylor C reported acquisition or exercise transactions in this Form 4 filing.
IBEX Ltd Chief Financial Officer Taylor C. Greenwald received a grant of 5,500 restricted stock units tied to IBEX common shares. Each RSU represents the right to receive one share. 25% vest on July 1, 2026, with additional 25% tranches vesting annually over the following three years, contingent on continued service. On each vesting date, IBEX will automatically withhold shares to cover tax obligations.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 5,500 shares
Grant/Award
1 txn
Insider
Greenwald Taylor C
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 5,500 | $0.00 | $0.00 |
Holdings After Transaction:
Common Shares — 59,861 shares (Direct)
Footnotes (1)
- F1. The Reporting Person was granted restricted stock units ("RSUs"), which represent a contingent right to receive one share of Common Stock for each RSU. 25% of the RSUs vest on July 1, 2026, with 25% of the RSUs vesting annually thereafter for the following three years, provided that the Reporting Person remains in continuous service on each vesting date. Unless otherwise provided, on each vesting date shares of Common Stock will automatically be withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations in a non-discretionary transaction.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did IBEX (IBEX) disclose about CFO Taylor Greenwald’s recent equity award?
IBEX disclosed that CFO Taylor C. Greenwald received 5,500 restricted stock units, each representing one IBEX common share. The RSUs vest over four years and are subject to continued service and automatic tax withholding via share retention at each vesting date.
What is the vesting schedule for the IBEX (IBEX) CFO’s 5,500 RSU grant?
The RSUs vest 25% on July 1, 2026, with 25% vesting annually for the next three years. Vesting requires the CFO to remain in continuous service on each vesting date, aligning the award with multi-year retention and performance horizons at IBEX.
Does IBEX (IBEX) CFO pay cash for the 5,500 RSUs reported?
No cash price is paid per share for this 5,500-unit RSU grant, which is a compensation award. Instead of paying cash, shares will be issued as they vest, with a portion automatically withheld to satisfy tax withholding obligations each time.
How will taxes be handled on the IBEX (IBEX) CFO’s RSU vesting?
On each vesting date, IBEX will automatically withhold common shares to cover the CFO’s tax withholding obligations. This non-discretionary mechanism means the insider does not separately sell shares for taxes; the issuer retains part of the vested shares instead.
AI-generated analysis. How Rhea-AI works. Not financial advice.