[Form 4] IBEX Ltd Insider Trading Activity

Rhea-AI Filing Summary

Paul Joseph Inson, Chief People Officer of IBEX Ltd (IBEX), reported a sale of shares to satisfy tax-withholding obligations related to vested restricted stock units. The Form 4 shows a sale of 255 common shares on 08/26/2025 at a price of $29.13 per share. After the sale, the reporting person beneficially owns 7,097 shares in a direct ownership form. The filing states the sale was executed to cover tax withholding and not as a discretionary trade by the reporting person. The form was filed individually and was signed by an attorney-in-fact on 09/15/2025.

Positive

• Clear disclosure of the sale date, price, and purpose (tax withholding) consistent with Section 16 reporting
• Post-transaction ownership is provided (7,097 shares), enabling transparency about insider holdings
• Filing executed and signed by an attorney-in-fact, indicating administrative completion

Negative

• None.

Insights

Financial Analyst

TL;DR: Routine tax-withholding sale of a small number of shares; minimal impact on IBEX equity.

The transaction is a sale of 255 shares at $29.13 to satisfy tax withholding for vested RSUs. The amount sold represents a small fraction of the reported post-transaction holdings of 7,097 shares and is explicitly described as non-discretionary. There is no indication of additional sales, purchases, or derivative activity in this filing. For investors, this disclosure documents an insider sale but provides no signal of change in company outlook, financing, or control. The trade size and stated purpose suggest negligible market or governance impact.

Corporate Governance Expert

TL;DR: Properly reported tax-withholding disposition; compliance appears routine and complete.

The Form 4 clearly identifies the reporting person, relationship to the issuer (Chief People Officer), transaction date, number of shares sold, sale price, and post-transaction beneficial ownership. The filing discloses the sale purpose as tax withholding for vested restricted stock units, which is standard practice. The form was signed by an attorney-in-fact, with signature date provided. There are no entries suggesting late reporting, amendments, or unusual transaction codes beyond the withholding sale. From a governance perspective, the disclosure meets Section 16 reporting requirements and does not raise material concerns.

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).

1. Name and Address of Reporting Person^*

Inson Paul Joseph

(Last) (First) (Middle)

C/O IBEX LIMITED

1717 PENNSYLVANIA AVENUE NW, SUITE 825

(Street)

WASHINGTON DC 20006

(City) (State) (Zip)

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 People Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/26/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	08/26/2025		S(1)		255	D	$29.13	7,097	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. The sales reported on this Form 4 represent shares of Common Stock required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units and do not represent discretionary trades by the Reporting Person.

Remarks:

	Lisa Lenstrohm, Attorney-in-Fact	09/15/2025
	** 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.

FAQ

What did IBEX insider Paul Joseph Inson report on Form 4 (IBEX)?

The filing reports a sale of 255 common shares on 08/26/2025 at $29.13 per share to cover tax withholding related to vested restricted stock units.

How many IBEX shares does the reporting person own after the transaction?

Following the reported transaction, the reporting person beneficially owns 7,097 shares in direct form.

Was the sale discretionary or required?

The Form 4 states the shares were sold to cover tax withholding obligations from RSU vesting and were not discretionary trades by the reporting person.

When was the Form 4 signed and by whom?

The form was signed by Lisa Lenstrohm, Attorney-in-Fact on 09/15/2025.

Does the Form 4 report any purchases or derivative transactions?

No. The filing only reports a non-derivative sale of common shares; there are no derivative securities or purchases reported.