IBEX Ltd (IBEX) director awarded 1,252 performance-based stock units

Q: What insider transaction did IBEX (IBEX) report for Zhuang Mingzhe?

IBEX reported that director Zhuang Mingzhe acquired 1,252 Common Shares on July 31, 2026. The shares came from performance-based stock units earned after goals for the period ending June 30, 2026 were certified, as part of his equity compensation.

Q: How many IBEX (IBEX) shares did Zhuang Mingzhe acquire and at what cost?

Zhuang Mingzhe acquired 1,252 Common Shares at a reported price of $0.0000 per share . This reflects a grant of performance-based stock units converted into shares, not a purchase in the open market for cash consideration.

Q: Was the IBEX (IBEX) Form 4 transaction a market trade or an equity award?

The Form 4 shows an equity award , not a market trade. Zhuang Mingzhe received 1,252 Common Shares at $0.0000 per share when earned performance-based stock units were converted, reflecting stock-based compensation rather than a discretionary buy or sell order.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

IBEX Ltd director Zhuang Mingzhe acquired 1,252 Common Shares on July 31, 2026 through the earning and conversion of performance-based stock units. These PSUs were earned when performance goals for the period ending June 30, 2026 were certified. After this equity award, Zhuang directly holds 8,335 Common Shares, reflecting compensation rather than an open-market purchase or sale.

Insider Trade Summary

Net Buyer: 1,252 shares

Net Buy 1 txn

Insider Zhuang Mingzhe

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Shares ^F1	1,252	$0.00	$0.00

Holdings After Transaction: Common Shares — 8,335 shares (Direct)

Footnotes (1)

F1. On July 31, 2026, 1,252 performance-based stock units ("PSUs") were earned and acquired by the Reporting Person. These PSUs were earned upon certification of performance goals for the period ending June 30, 2026 and converted to Common shares.

Key Figures

Shares acquired: 1,252 Common Shares Shares owned after transaction: 8,335 Common Shares Award price per share: $0.0000 +1 more

4 metrics

Shares acquired 1,252 Common Shares Grant/award of PSUs converted on July 31, 2026

Shares owned after transaction 8,335 Common Shares Direct holdings following July 31, 2026 equity award

Award price per share $0.0000 Reported per-share price for the PSU-based share grant

Performance period end date June 30, 2026 PSUs earned upon certification of performance goals for this period

Key Terms

performance-based stock units, PSUs, certification of performance goals

3 terms

performance-based stock units financial

"1,252 performance-based stock units ("PSUs") were earned and acquired"

Performance-based stock units are company promises to deliver shares or cash to employees or executives only if the business hits specific financial or operational goals over a set period. Like a bonus that only pays out when certain milestones are reached, they link pay to company performance and matter to investors because they can dilute the share count, affect reported earnings when they vest, and signal how management is being incentivized.

PSUs financial

"These PSUs were earned upon certification of performance goals"

PSUs are company shares promised to employees or executives that only become actual stock if the business hits specific performance targets over a set period. For investors, PSUs matter because they link pay to measurable outcomes — similar to a conditional bonus that converts into ownership — which can influence management decisions, dilution of shares, and signals about confidence in future results.

certification of performance goals financial

"earned upon certification of performance goals for the period"

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/04/2026 - 07:53 PM Accepted by SEC EDGAR 08/04/2026 - 07:53 PM

FAQ

What insider transaction did IBEX (IBEX) report for Zhuang Mingzhe?

IBEX reported that director Zhuang Mingzhe acquired 1,252 Common Shares on July 31, 2026. The shares came from performance-based stock units earned after goals for the period ending June 30, 2026 were certified, as part of his equity compensation.

How many IBEX (IBEX) shares did Zhuang Mingzhe acquire and at what cost?

Zhuang Mingzhe acquired 1,252 Common Shares at a reported price of $0.0000 per share. This reflects a grant of performance-based stock units converted into shares, not a purchase in the open market for cash consideration.

What is Zhuang Mingzhe’s IBEX (IBEX) shareholding after this Form 4 transaction?

Following the July 31, 2026 award, Zhuang Mingzhe directly holds 8,335 Common Shares of IBEX Ltd. This total includes the 1,252 shares received upon conversion of earned performance-based stock units tied to certified performance goals.

What performance period was used for the IBEX (IBEX) PSUs granted to Zhuang Mingzhe?

The performance-based stock units were earned based on goals for the period ending June 30, 2026. After certification of those performance goals, 1,252 PSUs were converted into an equal number of IBEX Common Shares for the director.

Was the IBEX (IBEX) Form 4 transaction a market trade or an equity award?

The Form 4 shows an equity award, not a market trade. Zhuang Mingzhe received 1,252 Common Shares at $0.0000 per share when earned performance-based stock units were converted, reflecting stock-based compensation rather than a discretionary buy or sell order.

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^*

Zhuang Mingzhe

(Last)

(First)

(Middle)

C/O IBEX LIMITED

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)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/31/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Shares	07/31/2026		A⁽¹⁾		1,252	A	$0	8,335	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. On July 31, 2026, 1,252 performance-based stock units ("PSUs") were earned and acquired by the Reporting Person. These PSUs were earned upon certification of performance goals for the period ending June 30, 2026 and converted to Common shares.

Remarks:

	Lisa Lenstrohm, Attorney-in-Fact	08/04/2026
	** 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)

Source: View Original Filing on SEC EDGAR