IBEX Ltd (IBEX) grants 1,954 PSUs and withholds shares for tax

Rhea-AI Filing Summary

IBEX Ltd executive Bruce Neil Dawson, Chief Sales and CS Officer, earned and acquired 1,954 performance-based stock units that converted into Common shares on July 31, 2026 after performance for the period ending June 30, 2026 was certified. To satisfy related taxes, 855 shares were withheld by the company at $35.34 per share; no shares were sold by him to cover this tax liability.

Insider Trade Summary

Net Buyer: 1,099 shares

Net Buy 2 txns

Insider Dawson Bruce Neil

Role Chief Sales and CS Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Shares F1	1,954	$0.00	$0.00
Tax Withholding	Common Shares F2, F3	855	$35.34	$30K

Holdings After Transaction: Common Shares — 62,108 shares (Direct)

Footnotes (3)

1. F1. On July 31, 2026, 1,954 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: 1,954 shares Shares withheld for taxes: 855 shares Closing share price: $35.34 per share +1 more

4 metrics

PSUs earned and converted 1,954 shares Performance-based stock units earned and converted to Common shares on July 31, 2026

Shares withheld for taxes 855 shares Shares withheld by issuer to satisfy tax liability upon PSU vesting on July 31, 2026

Closing share price $35.34 per share Closing price of Common shares on July 31, 2026 used for tax withholding

Transaction date July 31, 2026 Date of PSU vesting, share acquisition, and tax withholding

Key Terms

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

4 terms

performance-based stock units financial

"1,954 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

"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.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/04/2026 - 07:44 PM Accepted by SEC EDGAR 08/04/2026 - 07:43 PM Learn about SEC filing dates

FAQ

What equity award did IBEX (IBEX) officer Bruce Neil Dawson receive?

Bruce Neil Dawson earned and acquired 1,954 performance-based stock units (PSUs) that converted into Common shares on July 31, 2026, after certification of performance goals for the period ending June 30, 2026.

How many IBEX (IBEX) shares were withheld to cover Bruce Neil Dawson’s taxes?

To cover tax obligations, 855 IBEX Common shares were withheld by the company upon vesting of the PSUs on July 31, 2026, instead of being sold in the market.

What price was used for IBEX (IBEX) tax-withholding shares on July 31, 2026?

The withheld shares were valued at the $35.34 closing price of IBEX Common shares on July 31, 2026, which was used to determine the tax-withholding amount.

Did Bruce Neil Dawson sell any IBEX (IBEX) shares to satisfy tax liabilities?

No. The report states that no shares were sold by Bruce Neil Dawson to satisfy the tax liability; instead, 855 shares were withheld by the issuer at vesting.

What is Bruce Neil Dawson’s role at IBEX (IBEX)?

Bruce Neil Dawson is reported as Chief Sales and CS Officer of IBEX Ltd, and the Form 4 records his equity compensation in the form of performance-based stock units.

Were IBEX (IBEX) transactions for Bruce Neil Dawson under a Rule 10b5-1 plan?

The transactions are reported with the Rule 10b5-1 checkbox not selected, indicating they were not affirmed as being executed under a Rule 10b5-1 trading plan.

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^*

Dawson Bruce Neil

(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 and CS 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)		1,954	A	$0	62,963	D
Common Shares	07/31/2026		F(2)		855	D	$35.34(3)	62,108	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, 1,954 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)