IBEX (IBEX) sales chief receives 3,250-share RSU equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
IBEX Ltd reported that Chief Sales and CS Officer Bruce Neil Dawson acquired 3,250 common shares through a grant of restricted stock units (RSUs) at a stated price of $0.00 per share. These RSUs convert into one common share each as they vest over time.
According to the award terms, 25% of the RSUs vest on July 1, 2026, with an additional 25% vesting annually over the following three years, so long as he remains continuously employed on each vesting date. After this grant, he directly holds 80,284 common shares. On each vesting date, a portion of shares will automatically be withheld by IBEX to cover tax withholding obligations in a non-discretionary transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Dawson Bruce Neil
Role
Chief Sales and CS Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 3,250 | $0.00 | -- |
Holdings After Transaction:
Common Shares — 80,284 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did IBEX (IBEX) report for Bruce Neil Dawson?
IBEX reported that Chief Sales and CS Officer Bruce Neil Dawson received a grant of 3,250 restricted stock units. Each RSU represents a contingent right to one common share, subject to multi-year vesting and employment-continuation conditions.
What is the vesting schedule for Bruce Neil Dawson’s new IBEX (IBEX) RSUs?
The RSUs vest over four years: 25% on July 1, 2026, and 25% annually for the next three years. Vesting requires that he remain in continuous service with IBEX on each vesting date.
Does Bruce Neil Dawson pay cash for the 3,250 IBEX (IBEX) RSUs granted?
No cash payment is indicated; the RSUs were granted at a stated price of $0.00 per share. They represent a contingent right to receive common shares upon future vesting, rather than an open-market purchase.
How will taxes be handled on Bruce Neil Dawson’s IBEX (IBEX) RSU vesting?
On each vesting date, IBEX will automatically withhold a portion of the common shares to satisfy Bruce Neil Dawson’s tax withholding obligations. This occurs in a non-discretionary transaction specified in the award terms.
What type of security was involved in Bruce Neil Dawson’s IBEX (IBEX) Form 4?
The transaction involved common shares delivered via restricted stock units. Each RSU corresponds to one IBEX common share upon vesting, subject to the multi-year vesting schedule and continued-service requirements described in the filing.