IBEX Ltd (IBEX) CLO earns 2,646 PSUs; 950 shares withheld

Rhea-AI Filing Summary

IBEX Ltd reported equity compensation activity for Chief Legal Officer Christina Trofimuk-O'Connor. On July 31, 2026, she earned and acquired 2,646 performance-based stock units for the period ending June 30, 2026, which converted into Common shares. To cover taxes on this vesting, 950 shares were withheld at the $35.34 closing price, and no shares were sold on the open market.

Insider Trade Summary

Net Buyer: 1,696 shares

Net Buy 2 txns

Insider Trofimuk-O'Connor Christina Alice

Role Chief Legal Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Shares F1	2,646	$0.00	$0.00
Tax Withholding	Common Shares F2, F3	950	$35.34	$34K

Holdings After Transaction: Common Shares — 36,731 shares (Direct)

Footnotes (3)

1. F1. On July 31, 2026, 2,646 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: 2,646 Common Shares Shares withheld for taxes: 950 Common Shares Closing share price: $35.34 per share +1 more

4 metrics

PSUs earned and converted 2,646 Common Shares Performance-based stock units earned and converted to Common shares on July 31, 2026

Shares withheld for taxes 950 Common Shares Shares withheld 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

Performance period end June 30, 2026 End of performance period for PSUs earned by the Chief Legal Officer

Key Terms

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

4 terms

performance-based stock units financial

"2,646 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.

vesting financial

"tax liability 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.

tax liability financial

"shares withheld by the Issuer to satisfy the Reporting Person's tax liability"

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 - 06:53 PM Accepted by SEC EDGAR 08/04/2026 - 06:53 PM Learn about SEC filing dates

FAQ

What equity award did IBEX (IBEX) report for Chief Legal Officer Christina Trofimuk-O'Connor?

Christina Trofimuk-O'Connor earned and acquired 2,646 performance-based stock units (PSUs) on July 31, 2026. These PSUs were tied to performance goals for the period ending June 30, 2026 and converted into IBEX Common shares on that date.

How many IBEX (IBEX) shares were withheld for taxes in this Form 4?

The company withheld 950 Common shares from Christina Trofimuk-O'Connor to satisfy her tax liability upon PSU vesting. The withholding was valued at the $35.34 closing price on July 31, 2026, rather than through any open market sale.

Did the IBEX (IBEX) Chief Legal Officer sell any shares in the market?

No. The filing states that no shares were sold by the reporting person to satisfy tax obligations. Instead, 950 shares were withheld by IBEX upon vesting of the PSUs on July 31, 2026 to cover the tax liability.

When did the IBEX (IBEX) performance-based stock units vest and convert to common shares?

The performance-based stock units vested and converted on July 31, 2026. They were earned after certification of performance goals for the period ending June 30, 2026, at which point 2,646 PSUs were converted into IBEX Common shares.

What is the nature of the performance-based stock units (PSUs) reported by IBEX (IBEX)?

The PSUs are performance-based stock units earned only after performance goals are met. For this grant, goals were measured over a period ending June 30, 2026, and upon certification, 2,646 PSUs were acquired and converted into Common shares.

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^*

Trofimuk-O'Connor Christina Alice

(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 Legal 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)		2,646	A	$0	37,681	D
Common Shares	07/31/2026		F(2)		950	D	$35.34(3)	36,731	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, 2,646 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)