IBEX insider converts 2,347 PSUs and sells 697 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
On 09/30/2025 IBEX Ltd director and Chief People Officer Paul Joseph Inson had 2,347 performance-based stock units (PSUs) certified for the period ending 06/30/2025 and converted into 2,347 common shares. To satisfy tax withholding from that vesting, the reporting person sold 697 shares on 10/02/2025 at a weighted average price of $39.581, executed in multiple trades priced between $39.34 and $40.01. After these transactions the reporting person beneficially owned 4,916 common shares. The Form 4 states the sale was required to cover tax obligations and not a discretionary trade.
Positive
- 2,347 PSUs converted to common shares on 09/30/2025
- 697 shares sold on 10/02/2025 were to satisfy tax withholding, described as non‑discretionary
Negative
- None.
Insider Trade Summary
Net Seller: 697 shares ($27,588)
Net Sell
2 txns
Insider
Inson Paul Joseph
Role
Chief People Officer
Sold
697 shs ($28K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Shares | 697 | $39.581 | $28K |
| Grant/Award | Common Shares | 2,347 | $0.00 | -- |
Holdings After Transaction:
Common Shares — 4,916 shares (Direct)
Footnotes (1)
- On September 30, 2025, 2,347 performance-based stock units ("PSUs") were earned and acquired by the Reporting Person. These PSUs were earned upon certification of performance goals for the period ending June 30, 2025 and converted to Common shares. The sales reported on this Form 4 represent shares of Common Stock required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of performance-based stock units and do not represent discretionary trades by the Reporting Person. This transaction was executed in multiple trades at prices ranging from $39.34 to $40.01; the price reported above reflects the weighted average sales price. The reporting person undertakes to provide to Issuer, any security holder of Issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
FAQ
What happened in the IBEX (IBEX) Form 4 filed by Paul Joseph Inson?
The reporting person had 2,347 PSUs convert to common shares on 09/30/2025 and sold 697 shares on 10/02/2025 to cover tax withholding.
When were the performance goals certified that triggered PSU conversion?
The Form 4 explains the PSUs were earned upon certification of performance goals for the period ending 06/30/2025.