IBEX Ltd (IBEX) director receives 2,083-share RSU equity grant

Rhea-AI Filing Summary

Beck Fiona Elizabeth reported acquisition or exercise transactions in this Form 4 filing.

IBEX Ltd director Fiona Elizabeth Beck reported an equity award. She was granted 2,083 restricted stock units (RSUs), each representing a right to receive one common share at no cost. 25% of the RSUs vest on July 1, 2026, with the remaining 75% vesting in equal annual installments over the following three years, contingent on continued service. After this grant, her reported direct holdings total 13,583 common shares.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Beck Fiona Elizabeth

(Last) (First) (Middle)

C/O IBEX LIMITED

1717 PENNSYLVANIA AVENUE NW, SUITE 825

(Street)

WASHINGTON DC 20006

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
IBEX Ltd [ IBEX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Shares	03/02/2026		A		2,083(1)	A	$0(1)	13,583	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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.

Remarks:

	Lisa Lenstrohm, Attorney-in-Fact	03/04/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did IBEX (IBEX) director Fiona Beck report?

IBEX director Fiona Elizabeth Beck reported receiving 2,083 restricted stock units (RSUs). These RSUs are a stock-based compensation award that can convert into common shares over time if she continues in service and vesting conditions are met.

How many IBEX shares does Fiona Beck hold after this Form 4 filing?

After the reported award, Fiona Beck is shown as holding 13,583 IBEX common shares directly. This figure reflects her ownership following the grant of 2,083 RSUs, which represent rights to receive additional shares upon vesting.

What are the vesting terms of Fiona Beck’s IBEX RSU grant?

The RSU grant vests over four years. 25% of the RSUs vest on July 1, 2026, and the remaining 75% vest in equal 25% installments annually over the next three years, provided she remains in continuous service on each vesting date.

Does Fiona Beck pay for the IBEX RSUs reported in this Form 4?

The RSUs were granted at no cash cost to Fiona Beck, with a reported price per share of $0.00. They represent a contingent right to receive common shares, subject to the defined vesting schedule and continued service requirements.

Are Fiona Beck’s reported IBEX holdings direct or indirect ownership?

The filing indicates that Fiona Beck’s reported 13,583 IBEX common shares are held as direct ownership. There is no referenced trust, partnership, or other entity in the ownership nature associated with this particular transaction.

What does the RSU structure mean for IBEX (IBEX) shareholders?

The RSU structure means new shares may be issued to Fiona Beck over time as awards vest. This aligns part of her compensation with IBEX’s share performance, while spreading potential dilution across multiple years tied to continued service.