IBEX Ltd Michael Joseph Darwal transfers 702 shares

The transfer was made under a legal agreement related to a divorce and was described as not discretionary.

Rhea-AI Filing Summary

IBEX Ltd Chief AI & Digital Officer Michael Joseph Darwal reported the disposition of 702 Common Shares on October 7, 2026, transferring them to a third party under a legal agreement related to a divorce dated December 29, 2025. The transfer was not discretionary. His directly held position after the transfer was 41,277 Common Shares. The reported $43.16 per-share figure was the issuer's closing price on October 7, 2026.

Insider Trade Summary

Other: 702 shares

Other 1 txn

Insider Darwal Michael Joseph

Role Chief AI & Digital Officer

Type	Security	Shares	Price	Value
Other	Common Shares F1, F2	702	$43.16	$30K

Holdings After Transaction: Common Shares — 41,277 shares (Direct)

Footnotes (2)

1. F1. These Common Shares were transferred to a third party pursuant to a legal agreement related to a divorce dated December 29, 2025. This transfer does not represent a discretionary transaction by the Reporting Person.
2. F2. Closing price of Issuer's Common shares on October 7, 2026.

Key Figures

Common Shares transferred: 702 shares Closing price: $43.16 per share Common Shares held directly after transfer: 41,277 shares

3 metrics

Common Shares transferred 702 shares October 7, 2026

Closing price $43.16 per share October 7, 2026

Common Shares held directly after transfer 41,277 shares After the October 7, 2026 transaction

Key Terms

discretionary transaction

1 terms

discretionary transaction legal

"does not represent a discretionary transaction"

FAQ

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

How many IBEX shares did Michael Joseph Darwal transfer?

Michael Joseph Darwal, IBEX's Chief AI & Digital Officer, transferred 702 Common Shares on October 7, 2026, to a third party under a legal agreement related to a divorce dated December 29, 2025. His directly held position after the transfer was 41,277 Common Shares.

What was the reported per-share price for the IBEX transfer?

The reported $43.16 per-share figure was the closing price of IBEX's Common Shares on October 7, 2026.

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

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Available on EDGAR 10/07/2026 - 04:49 PM Accepted by SEC EDGAR 10/07/2026 - 04:48 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)
10/07/2026

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	10/07/2026		J(1)		702	D	$43.16(2)	41,277	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. These Common Shares were transferred to a third party pursuant to a legal agreement related to a divorce dated December 29, 2025. This transfer does not represent a discretionary transaction by the Reporting Person.

2. Closing price of Issuer's Common shares on October 7, 2026.

Remarks:

	Lisa Lenstrohm, Attorney-in-Fact	10/07/2026
	** 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)