IBEX Ltd (IBEX) director granted 1,252 PSUs, now holding 11,895 shares

Rhea-AI Filing Summary

IBEX Ltd director Daniella Ballou-Aares reported the acquisition of 1,252 common shares on July 31, 2026. These shares were earned as performance-based stock units after certification of performance goals for the period ending June 30, 2026 and converted to common shares. Following this award, she holds 11,895 shares directly.

Insider Trade Summary

Net Buyer: 1,252 shares

Net Buy 1 txn

Insider Ballou-Aares Daniella

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Shares F1	1,252	$0.00	$0.00

Holdings After Transaction: Common Shares — 11,895 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.

Key Figures

Shares acquired: 1,252 common shares Shares held after transaction: 11,895 common shares Transaction price per share: $0.00 +1 more

4 metrics

Shares acquired 1,252 common shares Performance-based stock units converted on July 31, 2026

Shares held after transaction 11,895 common shares Direct holdings of Daniella Ballou-Aares following the July 31, 2026 award

Transaction price per share $0.00 Grant/award acquisition of PSUs converted to common shares

Performance period end date June 30, 2026 Period for which performance goals were certified to earn the PSUs

Key Terms

performance-based stock units, PSUs, certification of performance goals

3 terms

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 →

Available on EDGAR 08/04/2026 - 07:15 PM Accepted by SEC EDGAR 08/04/2026 - 07:15 PM Learn about SEC filing dates

FAQ

What transaction did IBEX (IBEX) director Daniella Ballou-Aares report?

She reported acquiring 1,252 common shares on July 31, 2026. These came from performance-based stock units earned when performance goals for the period ending June 30, 2026 were certified and then converted into common shares, reflecting a compensation-related award rather than an open-market purchase.

How many IBEX (IBEX) shares did Daniella Ballou-Aares acquire and now hold?

She acquired 1,252 common shares through earned performance-based stock units. After this July 31, 2026 award and conversion, her direct ownership increased to 11,895 common shares, as reported in the filing’s post-transaction holdings field for this non-derivative position.

What performance period was tied to the PSUs reported by IBEX (IBEX)?

The performance-based stock units were earned based on goals for the period ending June 30, 2026. After certification of those performance goals, 1,252 PSUs were earned and acquired by the reporting person and then converted into IBEX common shares on July 31, 2026.

At what price were the 1,252 IBEX (IBEX) shares acquired in this Form 4?

The 1,252 shares were acquired at a reported price of $0.00 per share. They resulted from performance-based stock units earned upon certification of goals, so the transaction reflects an equity award conversion rather than a cash purchase on the open market.

Was the IBEX (IBEX) Form 4 transaction made under a Rule 10b5-1 trading plan?

No. The Form 4’s Rule 10b5-1 checkbox is not marked as affirming a trading plan. The reported acquisition stems from performance-based stock units converting to common shares, rather than discretionary buying or selling under a pre-arranged Rule 10b5-1 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^*

Ballou-Aares Daniella

(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)

X	Director		10% 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)

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)		1,252	A	$0	11,895	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, 1,252 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-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)