IBEX officer granted 4,400 restricted stock units
IBEX Ltd reported that Chief Sales/Marketing Officer Julie K. Casteel acquired 4,400 restricted stock units (RSUs) representing common shares.
Rhea-AI Filing Summary
IBEX Ltd reported that Chief Sales/Marketing Officer Julie K. Casteel acquired 4,400 restricted stock units (RSUs) representing common shares. Each RSU converts into one common share as it vests. After this grant, she holds 121,194 common shares directly.
According to the award terms, 25% of the RSUs vest on July 1, 2026, with an additional 25% vesting on the same date in each of the following three years, provided she remains in continuous service. On each vesting date, shares of common stock will be automatically withheld to cover tax withholding obligations in a non‑discretionary transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 4,400 | $0.00 | $0.00 |
Footnotes (1)
- F1. The Reporting Person was granted restricted stock units ("RSUs"), which represent a contingent right to receive one share of Common Stock for each RSU. 25% of the RSUs vest on July 1, 2026, with 25% of the RSUs vesting annually thereafter for the following three years, provided that the Reporting Person remains in continuous service on each vesting date. Unless otherwise provided, on each vesting date shares of Common Stock will automatically be withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations in a non-discretionary transaction.
FAQ
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What insider transaction did IBEX (IBEX) report for Julie K. Casteel?
What is the vesting schedule for the 4,400 RSUs granted at IBEX?
How will taxes be handled on the IBEX RSUs granted to Julie K. Casteel?
What type of security was granted in the IBEX insider Form 4 filing?
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