IBEX (IBEX) CEO Dechant sells 12,000 common shares in market
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
IBEX Ltd Chief Executive Officer and director Robert Thomas Dechant reported open-market sales of company common shares on two consecutive days. He sold 6,000 common shares on February 17 at a weighted average price of $29.6310 per share and another 6,000 shares on February 18 at a weighted average price of $29.9756 per share.
Both transactions were executed as multiple trades within stated price ranges, with detailed trade-level information available on request. Following these sales, Dechant directly owns 293,406 IBEX common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 12,000 shares ($357,640)
Net Sell
2 txns
Insider
Dechant Robert Thomas
Role
Chief Executive Officer
Sold
12,000 shs ($358K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Shares | 6,000 | $29.9756 | $180K |
| Sale | Common Shares | 6,000 | $29.631 | $178K |
Holdings After Transaction:
Common Shares — 293,406 shares (Direct)
Footnotes (1)
- This transaction was executed in multiple trades at prices ranging from $29.35 to $30.16; the price reported above reflects the weighted average sales price. The reporting person undertakes to provide to Issuer, any security holder of Issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price. This transaction was executed in multiple trades at prices ranging from $29.535 to $30.27; the price reported above reflects the weighted average sales price. The reporting person undertakes to provide to Issuer, any security holder of Issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
FAQ
What insider transactions did IBEX (IBEX) report for Robert Thomas Dechant?
IBEX reported that Chief Executive Officer Robert Thomas Dechant sold a total of 12,000 common shares in two open-market transactions. These sales occurred on February 17 and February 18 and were reported on a Form 4 insider trading disclosure for IBEX Ltd.
What do the Form 4 footnotes reveal about the IBEX (IBEX) insider trades?
The footnotes state each transaction was executed in multiple trades within specified price ranges, and the reported prices are weighted averages. They also note the reporting person will provide full trade-by-trade pricing details to the issuer, shareholders, or SEC staff upon request.
Were the IBEX (IBEX) CEO’s transactions direct or through another entity?
The filing classifies the CEO’s ownership as direct, with the ownership code "D" and no nature-of-ownership footnote indicating an intermediary entity. This means the 12,000 shares sold and the remaining 293,406 shares are reported as directly held by Robert Thomas Dechant.