IBEX Ltd AI officer has 270 shares withheld for taxes

IBEX Ltd Chief AI & Digital Officer Darwal Michael Joseph had 270 common shares withheld by the issuer on September 15, 2026, to satisfy tax liability upon vesting of RSUs.

Rhea-AI Filing Summary

IBEX Ltd Chief AI & Digital Officer Darwal Michael Joseph had 270 common shares withheld by the issuer on September 15, 2026, to satisfy tax liability upon vesting of RSUs. The reported per-share price was the issuer’s closing price that day: $40.28. The withholding was not discretionary, and Joseph sold no shares; his direct holdings after the transaction were 40,474 shares. No Rule 10b5-1 plan is reported.

Insider Trade Summary

Tax Withholding: 270 shares

Tax Withholding 1 txn

Insider Darwal Michael Joseph

Role Chief AI & Digital Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Shares F1, F2	270	$40.28	$11K

Holdings After Transaction: Common Shares — 40,474 shares (Direct)

Footnotes (2)

1. F1. Represents shares withheld by the Issuer to satisfy the Reporting Person's tax liability upon the vesting of RSUs on September 15, 2026. This was not a discretionary transaction, and no shares were sold by the reporting person to satisfy this tax liability.
2. F2. Closing price of Issuer's Common shares on September 15, 2026.

Key Figures

Shares withheld: 270 common shares Closing price: $40.28 per share Direct holdings after transaction: 40,474 common shares

3 metrics

Shares withheld 270 common shares For tax liability upon RSU vesting on September 15, 2026

Closing price $40.28 per share Issuer’s closing price on September 15, 2026

Direct holdings after transaction 40,474 common shares Darwal Michael Joseph’s reported direct holdings

Key Terms

RSUs, tax liability, closing price

3 terms

RSUs financial

"upon the vesting of RSUs"

RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.

tax liability financial

"satisfy the Reporting Person's tax liability"

closing price financial

"Closing price of Issuer's Common shares"

FAQ

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

How many IBEX shares were withheld for taxes?

IBEX withheld 270 common shares on September 15, 2026, to satisfy Darwal Michael Joseph’s tax liability upon RSU vesting. The reported $40.28 per-share amount was the issuer’s closing price that day.

Was the IBEX share withholding discretionary or under a Rule 10b5-1 plan?

The withholding was not discretionary, and no Rule 10b5-1 plan is reported.

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

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Available on EDGAR 09/25/2026 - 03:53 PM Accepted by SEC EDGAR 09/25/2026 - 03:46 PM Learn about SEC filing dates

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^*

Darwal Michael Joseph

(Last) (First) (Middle)

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 AI & Digital Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/15/2026

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	09/15/2026		F		270(1)	D	$40.28(2)	40,474	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. Represents shares withheld by the Issuer to satisfy the Reporting Person's tax liability upon the vesting of RSUs on September 15, 2026. This was not a discretionary transaction, and no shares were sold by the reporting person to satisfy this tax liability.

2. Closing price of Issuer's Common shares on September 15, 2026.

Remarks:

	Lisa Lenstrohm, Attorney-in-Fact	09/25/2026
	** 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)