IBEX Ltd CTO Michael Ringman acquires 9,038 shares

Q: How many shares did IBEX CTO Michael Ringman receive?

Michael Ringman acquired 9,038 common shares as performance-based stock units were earned and converted on September 30, 2026. The issuer also withheld 2,599 shares to satisfy tax liability upon vesting.

Q: Why were 2,599 IBEX shares withheld from Michael Ringman?

The issuer withheld 2,599 shares to satisfy his tax liability upon vesting of performance-based stock units. The withholding was non-discretionary, and Ringman did not sell shares to satisfy the liability.

The award followed certification of goals for the one-year performance period ending June 30, 2026.

Filing Impact

(Moderate)

Filing Sentiment

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Form Type

Rhea-AI Filing Summary

IBEX Ltd Chief Technology Officer Michael Ringman acquired 9,038 common shares on September 30, 2026, when performance-based stock units were earned and converted into common shares. The issuer withheld 2,599 shares to satisfy tax liability upon vesting; the withholding was non-discretionary, and Ringman sold no shares for that purpose. The $43.26 figure was the common shares’ closing price on that date.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Ringman Michael

Role Chief Technology Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Shares ^F1	9,038	$0.00	$0.00
Tax Withholding	Common Shares ^{F2, F3}	2,599	$43.26	$112K

Holdings After Transaction: Common Shares — 21,439 shares (Direct)

Footnotes (3)

F1. On September 30, 2026, 9,038 performance-based stock units ("PSUs") were earned and acquired by the Reporting Person. These PSUs were earned upon certification of performance goals for the one-year period ending June 30, 2026 and converted to Common shares.
F2. Represents shares withheld by the Issuer to satisfy the Reporting Person's tax liability upon the vesting of PSUs on September 30, 2026. This was not a discretionary transaction, and no shares were sold by the reporting person to satisfy this tax liability.
F3. Closing price of Issuer's Common shares on September 30, 2026.

Key Figures

Common shares acquired: 9,038 shares Shares withheld for tax liability: 2,599 shares Closing price: $43.26 per share +1 more

4 metrics

Common shares acquired 9,038 shares Performance-based stock units earned and converted on September 30, 2026

Shares withheld for tax liability 2,599 shares Upon vesting on September 30, 2026

Closing price $43.26 per share IBEX common shares on September 30, 2026

Performance period One year Ended June 30, 2026

Key Terms

performance-based stock units, vesting, tax liability

3 terms

performance-based stock units financial

"9,038 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.

vesting financial

"upon the vesting of PSUs on September 30, 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.

tax liability financial

"to satisfy the Reporting Person's tax liability upon the vesting of PSUs"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many shares did IBEX CTO Michael Ringman receive?

Michael Ringman acquired 9,038 common shares as performance-based stock units were earned and converted on September 30, 2026. The issuer also withheld 2,599 shares to satisfy tax liability upon vesting.

Why were 2,599 IBEX shares withheld from Michael Ringman?

The issuer withheld 2,599 shares to satisfy his tax liability upon vesting of performance-based stock units. The withholding was non-discretionary, and Ringman did not sell shares to satisfy the liability.

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

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Available on EDGAR 10/02/2026 - 05:28 PM Accepted by SEC EDGAR 10/02/2026 - 05:27 PM

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^*

Ringman Michael

(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 Technology Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/30/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Shares	09/30/2026		A		9,038⁽¹⁾	A	$0	24,038	D
Common Shares	09/30/2026		F		2,599⁽²⁾	D	$43.26⁽³⁾	21,439	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. On September 30, 2026, 9,038 performance-based stock units ("PSUs") were earned and acquired by the Reporting Person. These PSUs were earned upon certification of performance goals for the one-year 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 September 30, 2026. This was not a discretionary transaction, and no shares were sold by the reporting person to satisfy this tax liability.

3. Closing price of Issuer's Common shares on September 30, 2026.

Remarks:

	Lisa Lenstrohm, Attorney-in-Fact	10/02/2026
	** 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)

Source: View Original Filing on SEC EDGAR