IBEX (IBEX) CFO reports 20,000-share grant and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
IBEX Ltd's Chief Financial Officer, Taylor C. Greenwald, reported equity compensation activity involving the company’s common shares. On February 6, 2026, the CFO acquired 20,000 common shares at $0 per share as a restricted stock award tied to a May 31, 2024 performance share grant based on revenue and EBITDA targets.
On the same date, 2,121 common shares were disposed of at $34.98 per share to cover tax withholding upon vesting. After these transactions, the CFO directly beneficially owned 54,361 common shares. One-third of the performance-based shares vested on February 6, 2026, with additional one‑third tranches scheduled to vest on February 6, 2027 and February 6, 2028, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Greenwald Taylor C
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 20,000 | $0.00 | -- |
| Tax Withholding | Common Shares | 2,121 | $34.98 | $74K |
Holdings After Transaction:
Common Shares — 56,482 shares (Direct)
Footnotes (1)
- Reporting Person received this restricted stock award in connection with the vesting of a May 31, 2024 performance share award upon the attainment of certain Issuer Revenue and EBITDA targets for the trailing four (4) quarters. One-third of these shares vested on February 6, 2026. The remaining shares will vest one-third on February 6, 2027 and one-third on February 6, 2028. Vesting of performance share awards and shares issued in respect thereof is subject to the Reporting Person's continued service to the Company with Issuer through the applicable vesting date. Represents shares withheld for tax purposes upon vesting of restricted stock grant.
FAQ
What insider transactions did IBEX (IBEX) report for its CFO on February 6, 2026?
IBEX’s CFO, Taylor C. Greenwald, acquired 20,000 common shares as a restricted stock award and disposed of 2,121 shares to cover taxes. After these transactions, the CFO directly held 54,361 IBEX common shares, reflecting updated beneficial ownership.
What is the vesting schedule for the CFO’s IBEX (IBEX) performance-based restricted stock award?
The restricted stock award is linked to a May 31, 2024 performance share grant based on revenue and EBITDA targets. One-third vested on February 6, 2026, with additional one-third portions scheduled to vest on February 6, 2027 and February 6, 2028, subject to continued service.
What triggered the CFO’s restricted stock award reported by IBEX (IBEX)?
The restricted stock award was received upon vesting of a May 31, 2024 performance share award. Vesting was conditioned on achieving specified IBEX revenue and EBITDA targets over the trailing four quarters, and on the CFO’s continued service through each vesting date.