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IBEX Ltd (IBEX) awards director 1,252 shares after PSU vesting

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

IBEX Ltd director Karen Batungbacal reported an equity compensation award. On July 31, 2026, 1,252 performance-based stock units (PSUs) were earned upon certification of performance goals for the period ending June 30, 2026 and converted into Common Shares, increasing her direct holdings to 8,335 shares.

Positive

  • None.

Negative

  • None.
Insider Batungbacal Karen
Role Director
Type Security Shares Price Value
Grant/Award Common Shares F1 1,252 $0.00 $0.00
Holdings After Transaction: Common Shares — 8,335 shares (Direct)
Footnotes (1)
  1. F1. On July 31, 2026, 1,252 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.
Shares acquired from PSU conversion 1252 shares PSUs earned and converted to Common Shares on July 31, 2026
Director holdings after transaction 8335 shares Common Shares directly owned by Karen Batungbacal after the award
Reported transaction price $0.0000 per share Price per Common Share for the equity award
performance-based stock units financial
"1,252 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
"1,252 performance-based stock units ("PSUs") were earned and acquired"
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.
certification of performance goals financial
"PSUs were earned upon certification of performance goals for the period"

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

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Form 4 Insider Transactions: What Each Field Means →

FAQ

What insider transaction did IBEX (IBEX) director Karen Batungbacal report?
Karen Batungbacal reported receiving 1,252 Common Shares on July 31, 2026. These came from performance-based stock units that were earned after performance goals for the period ending June 30, 2026 were certified and then converted into Common Shares.

How many IBEX (IBEX) shares does director Karen Batungbacal hold after this Form 4?
After the reported award, Karen Batungbacal directly holds 8,335 Common Shares of IBEX Ltd. This total reflects the addition of 1,252 shares that were issued upon conversion of earned performance-based stock units into Common Shares.

Was the IBEX (IBEX) share award to Karen Batungbacal an open-market purchase?
No, the 1,252 shares reported were granted as equity compensation, not bought in the market. They resulted from performance-based stock units that were earned after performance goals were certified and then converted into Common Shares at a stated price of $0.0000 per share.

What does the $0.0000 price on the IBEX (IBEX) Form 4 transaction indicate?
The reported price of $0.0000 per share indicates the shares were received as a compensation award rather than purchased. The 1,252 Common Shares came from conversion of earned performance-based stock units, so no cash purchase price was paid in this transaction.
SEC Form 4
FORM 4UNITED 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*
Batungbacal Karen
(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/31/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Shares07/31/2026A(1)1,252A$08,335D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. On July 31, 2026, 1,252 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.
Remarks:
Lisa Lenstrohm, Attorney-in-Fact08/04/2026
** Signature of Reporting PersonDate
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)

Source: View Original Filing on SEC EDGAR