IBEX director awarded 2,083 RSUs in Form 4
McGinnis Patrick reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
McGinnis Patrick reported acquisition or exercise transactions in this Form 4 filing.
IBEX Ltd director Patrick McGinnis reported an equity award of 2,083 common shares in the form of restricted stock units (RSUs). The RSUs were granted at no cash price and increase his directly owned common shares to 6,863 after the transaction.
The footnote explains that each RSU represents a contingent right to receive one common share. Twenty-five percent of the RSUs vest on July 1, 2026, with the remaining 75% vesting in equal annual installments over the following three years, assuming he remains in continuous service on each vesting date.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 2,083 | $0.00 | $0.00 |
Footnotes (1)
- F1. The Reporting Person was granted restricted stock units ("RSUs"), which represent a contingent right to receive one share of Common Stock for each RSU. 25% of the RSUs vest on July 1, 2026, with 25% of the RSUs vesting annually thereafter for the following three years, provided that the Reporting Person remains in continuous service on each vesting date.
FAQ
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What insider transaction did IBEX (IBEX) director Patrick McGinnis report?
What are the vesting terms of the IBEX (IBEX) RSUs granted to Patrick McGinnis?
What type of security was reported in the IBEX (IBEX) Form 4 for Patrick McGinnis?
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