IBEX (IBEX) awards 4,400 RSUs to Chief Legal Officer in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
IBEX Ltd reported an equity award to its Chief Legal Officer, Christina Alice Trofimuk-O'Connor. She acquired 4,400 common shares in the form of restricted stock units (RSUs) at a price of $0.0000 per share, bringing her direct holdings to 35,735 common shares.
The RSUs vest over four years: 25% on July 1, 2026, with 25% vesting each year for the following three years, contingent on continued service. On each vesting date, IBEX will automatically withhold shares to cover tax obligations in a non-discretionary transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Trofimuk-O'Connor Christina Alice
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 4,400 | $0.00 | -- |
Holdings After Transaction:
Common Shares — 35,735 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did IBEX (IBEX) report in this Form 4?
IBEX reported that Chief Legal Officer Christina Alice Trofimuk-O'Connor received 4,400 restricted stock units, representing common shares. The award was recorded at a price of $0.0000 per share and is structured to vest over a multi-year period, subject to continued service conditions.
What are the vesting terms of the IBEX (IBEX) restricted stock units?
The RSUs vest 25% on July 1, 2026, with an additional 25% vesting on each of the next three annual anniversaries. Vesting requires the reporting person to remain in continuous service with IBEX on each scheduled vesting date under the award’s terms.
How does IBEX (IBEX) handle taxes on the RSU vesting for this award?
On each vesting date, IBEX will automatically withhold shares of common stock to satisfy the insider’s tax withholding obligations. The footnote describes this as a non-discretionary transaction, meaning the withholding occurs automatically under the award’s terms.
What transaction code is used in the IBEX (IBEX) Form 4 and what does it mean?
The Form 4 uses transaction code “A,” described as a grant, award, or other acquisition. In this context, it reflects the officer’s acquisition of 4,400 restricted stock units, which each represent a contingent right to receive one share of IBEX common stock upon vesting.