IBEX (IBEX) CEO sells 7,800 shares, retains 285,606-share stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
IBEX Ltd Chief Executive Officer Robert Thomas Dechant sold 7,800 common shares in an open-market transaction. The shares were sold at a weighted average price of $30.4996 per share, with individual trades executed between $30.37 and $30.88. After this sale, Dechant directly holds 285,606 IBEX common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7,800 shares ($237,897)
Net Sell
1 txn
Insider
Dechant Robert Thomas
Role
Chief Executive Officer
Sold
7,800 shs ($238K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Shares | 7,800 | $30.4996 | $238K |
Holdings After Transaction:
Common Shares — 285,606 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 7,800 shares
Weighted average sale price: $30.4996 per share
Post-transaction holdings: 285,606 shares
+1 more
4 metrics
Shares sold
7,800 shares
Open-market sale of IBEX common shares
Weighted average sale price
$30.4996 per share
Price for 7,800 IBEX common shares sold
Post-transaction holdings
285,606 shares
IBEX common shares held directly after sale
Trade price range
$30.37–$30.88 per share
Range of prices for individual trades in the sale
Key Terms
open-market sale, weighted average sales price, Form 4, beneficially owned
4 terms
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average sales price financial
"the price reported above reflects the weighted average sales price"
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
beneficially owned financial
"total_shares_following_transaction": "285606.0000""
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
FAQ
What insider transaction did IBEX (IBEX) report on this Form 4?
IBEX reported that CEO Robert Thomas Dechant sold 7,800 common shares in an open-market transaction. The sale was executed at a weighted average price of $30.4996 per share, with multiple trades within a disclosed price range.
Was the IBEX CEO’s sale an open-market transaction?
Yes, the Form 4 identifies the transaction as an open-market sale of IBEX common shares. The filing notes multiple trades executed between $30.37 and $30.88 per share, with a reported weighted average sales price for the shares sold.