IBEX (IBEX) officer has 886 shares withheld to cover RSU tax liability

Rhea-AI Filing Summary

IBEX Ltd reported a routine insider transaction involving Chief Sales and CS Officer Bruce Neil Dawson. On July 1, 2026, 886 common shares were withheld by the company at $31.60 per share to cover tax obligations arising from the vesting of 2,022 restricted stock units. The footnote clarifies that no shares were sold in the market to satisfy this tax liability. After this tax-withholding disposition, Dawson directly holds 61,009 common shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Dawson Bruce Neil

Role Chief Sales and CS Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Shares	886	$31.60	$28K

Holdings After Transaction: Common Shares — 61,009 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares withheld for taxes: 886 shares RSUs vested: 2,022 units Transaction share price: $31.60 per share +1 more

4 metrics

Shares withheld for taxes 886 shares Tax-withholding disposition on July 1, 2026

RSUs vested 2,022 units Restricted stock units vested on July 1, 2026

Transaction share price $31.60 per share Price applied to withheld shares

Shares held after transaction 61,009 shares Direct ownership after tax withholding

Key Terms

restricted stock units, net share settlement, tax liability, tax-withholding disposition

4 terms

restricted stock units financial

"upon the vesting of 2,022 shares of restricted stock units on July 1, 2026"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

net share settlement financial

"in connection with the reporting person's net share settlement to satisfy tax liability"

Net share settlement is a way of paying for financial transactions using only the difference in shares rather than exchanging full amounts of stock or cash. It’s like settling a debt by giving someone the exact number of shares needed to balance the books, making trades quicker and simpler. This method helps reduce the number of shares changing hands, saving time and costs.

tax liability financial

"to satisfy tax liability upon the vesting of 2,022 shares of restricted stock units"

tax-withholding disposition financial

"transaction_action": "tax-withholding disposition""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/06/2026 - 08:02 PM Accepted by SEC EDGAR 07/06/2026 - 08:02 PM Learn about SEC filing dates

FAQ

What insider transaction did IBEX (IBEX) report for Bruce Neil Dawson?

IBEX reported that Chief Sales and CS Officer Bruce Neil Dawson had 886 common shares withheld on July 1, 2026. The shares covered tax liabilities from vesting of 2,022 restricted stock units, leaving him with 61,009 directly held shares afterward.

Were any IBEX (IBEX) shares sold on the open market in this Form 4?

No, the Form 4 states that no shares were sold on the open market. Instead, 886 shares were withheld by IBEX to satisfy Dawson’s tax liability arising from the vesting of 2,022 restricted stock units on July 1, 2026.

How many IBEX (IBEX) restricted stock units vested for Bruce Neil Dawson?

A total of 2,022 restricted stock units vested for Bruce Neil Dawson on July 1, 2026. To cover the related tax liability, IBEX withheld 886 common shares in a net share settlement rather than requiring a cash payment or market sale.

What IBEX (IBEX) share price was used for the tax-withholding transaction?

The Form 4 reports a transaction price of $31.60 per IBEX common share. This price was applied to the 886 shares withheld by the company to satisfy Bruce Neil Dawson’s tax liability from the vesting of 2,022 restricted stock units.

How many IBEX (IBEX) shares does Bruce Neil Dawson hold after this transaction?

After the tax-withholding transaction, Bruce Neil Dawson directly holds 61,009 IBEX common shares. This reflects the shares remaining after 886 shares were withheld by the company to cover taxes on 2,022 vested restricted stock units.

What does transaction code F mean in the IBEX (IBEX) Form 4 filing?

Transaction code F indicates a tax-withholding disposition. In this IBEX filing, 886 common shares were delivered back to the issuer to satisfy Bruce Neil Dawson’s tax liability upon vesting of 2,022 restricted stock units, rather than representing an open-market sale.

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^*

Dawson Bruce Neil

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Sales and CS Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026

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	07/01/2026		F		886(1)	D	$31.6	61,009	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. Represents shares withheld by the Issuer in connection with the reporting person's net share settlement to satisfy tax liability upon the vesting of 2,022 shares of restricted stock units on July 1, 2026. No shares were sold by the reporting person to satisfy this tax liability.

Remarks:

	Lisa Lenstrohm, Attorney-in-Fact	07/06/2026
	** 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)