IBEX Ltd (IBEX) awards PSUs and withholds 1,042 shares for taxes

Rhea-AI Filing Summary

IBEX Ltd reported that Chief Sales/Marketing Officer Julie K. Casteel earned and acquired 2,646 performance-based stock units on July 31, 2026, upon certification of performance goals for the period ending June 30, 2026. These units converted into common shares, and 1,042 shares were withheld to cover tax liabilities at a closing price of $35.34 per share; no shares were sold.

Insider Trade Summary

Net Buyer: 1,604 shares

Net Buy 2 txns

Insider Casteel Julie K

Role Chief Sales/Marketing Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Shares F1	2,646	$0.00	$0.00
Tax Withholding	Common Shares F2, F3	1,042	$35.34	$37K

Holdings After Transaction: Common Shares — 118,288 shares (Direct)

Footnotes (3)

1. F1. On July 31, 2026, 2,646 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, 2026 and converted to Common shares.
2. F2. Represents shares withheld by the Issuer to satisfy the Reporting Person's tax liability upon the vesting of PSUs on July 31, 2026. No shares were sold by the reporting person to satisfy this tax liability.
3. F3. Closing price of Issuer's Common shares on July 31, 2026.

Key Figures

PSUs earned and converted: 2,646 shares Shares withheld for taxes: 1,042 shares Closing share price: $35.34 per share +1 more

4 metrics

PSUs earned and converted 2,646 shares Performance-based stock units earned and converted on July 31, 2026

Shares withheld for taxes 1,042 shares Shares withheld to satisfy tax liability upon PSU vesting

Closing share price $35.34 per share Closing price on July 31, 2026 used for tax-withholding valuation

Performance period end June 30, 2026 End of performance period for the awarded PSUs

Key Terms

performance-based stock units, PSUs, tax liability, vesting

4 terms

performance-based stock units financial

"2,646 performance-based stock units ("PSUs") were earned and acquired"

Performance-based stock units are company promises to deliver shares or cash to employees or executives only if the business hits specific financial or operational goals over a set period. Like a bonus that only pays out when certain milestones are reached, they link pay to company performance and matter to investors because they can dilute the share count, affect reported earnings when they vest, and signal how management is being incentivized.

PSUs financial

"These PSUs were earned upon certification of performance goals"

PSUs are company shares promised to employees or executives that only become actual stock if the business hits specific performance targets over a set period. For investors, PSUs matter because they link pay to measurable outcomes — similar to a conditional bonus that converts into ownership — which can influence management decisions, dilution of shares, and signals about confidence in future results.

tax liability financial

"shares withheld by the Issuer to satisfy the Reporting Person's tax liability"

vesting financial

"tax liability upon the vesting of PSUs on July 31, 2026"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/04/2026 - 07:13 PM Accepted by SEC EDGAR 08/04/2026 - 07:12 PM Learn about SEC filing dates

FAQ

What insider equity award did IBEX (IBEX) report for Julie K. Casteel?

Julie K. Casteel of IBEX earned and acquired 2,646 performance-based stock units on July 31, 2026. The PSUs were awarded after performance goals for the period ending June 30, 2026 were certified and converted into an equivalent number of IBEX common shares.

How many IBEX (IBEX) shares were withheld to cover Julie K. Casteel’s taxes?

IBEX withheld 1,042 common shares from Julie K. Casteel on July 31, 2026 to satisfy her tax liability. The shares were withheld upon PSU vesting, and the filing states that no shares were sold to cover this tax obligation.

At what price did IBEX (IBEX) value the shares withheld for Julie K. Casteel’s taxes?

The shares withheld for Julie K. Casteel’s tax liability were valued at $35.34 per share. This amount represents the closing price of IBEX’s common shares on July 31, 2026, as referenced in the tax-withholding transaction footnote.

What performance period applied to the PSUs awarded to Julie K. Casteel at IBEX (IBEX)?

The performance-based stock units for Julie K. Casteel related to goals for the period ending June 30, 2026. After these goals were certified, 2,646 PSUs were earned and then converted into the same number of IBEX common shares on July 31, 2026.

Did Julie K. Casteel sell any IBEX (IBEX) shares in this Form 4 filing?

No, the filing specifies that no shares were sold by Julie K. Casteel. Instead, IBEX withheld 1,042 shares from the vested PSU award solely to satisfy her tax liability associated with the July 31, 2026 PSU vesting.

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Casteel Julie K

(Last) (First) (Middle)

C/O IBEX LIMITED

1717 PENNSYLVANIA AVENUE NW, SUITE 825

(Street)

WASHINGTON DISTRICT OF COLUMBIA 20006

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Sales/Marketing Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/31/2026

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

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

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

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	07/31/2026		A(1)		2,646	A	$0	119,330	D
Common Shares	07/31/2026		F(2)		1,042	D	$35.34(3)	118,288	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. On July 31, 2026, 2,646 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, 2026 and converted to Common shares.

2. Represents shares withheld by the Issuer to satisfy the Reporting Person's tax liability upon the vesting of PSUs on July 31, 2026. No shares were sold by the reporting person to satisfy this tax liability.

3. Closing price of Issuer's Common shares on July 31, 2026.

Remarks:

	Lisa Lenstrohm, Attorney-in-Fact	08/04/2026
	** 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.
* Form 4: SEC 1474 (03-26)