IPERIONX (IPX) director details sizeable share and award holdings on Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
IPERIONX Ltd director Hannigan Todd has filed an initial Form 3 reporting his existing equity interests in the company. The filing lists direct ownership of 25,403,109 Ordinary Shares, 454,464 Restricted Stock Units, and 50,000 American Depository Shares, each ADS representing ten Ordinary Shares traded on NASDAQ.
He also holds performance rights over 306,302 underlying IPX Ordinary Shares at each of A$6, A$7, and A$8 exercise prices, expiring in April 2030. Footnotes state that 159,334 units vest in December 2026 and 295,130 vest in April 2028, highlighting a structured, long-term incentive position rather than new market transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Hannigan Todd
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Performance Rights (A$6) | -- | -- | -- |
| holding | Performance Rights (A$7) | -- | -- | -- |
| holding | Performance Rights (A$8) | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | American Depository Shares | -- | -- | -- |
Holdings After Transaction:
Performance Rights (A$6) — 306,302 shares (Direct);
Performance Rights (A$7) — 306,302 shares (Direct);
Performance Rights (A$8) — 306,302 shares (Direct);
Ordinary Shares — 25,403,109 shares (Direct);
Restricted Stock Units — 454,464 shares (Direct);
American Depository Shares — 50,000 shares (Direct)
Footnotes (1)
- 159,334 vest in December 2026; 295,130 vest in April 2028 American Depository Shares are traded on the NASDAQ. One American Depository Share is convertible into ten Ordinary Shares. (Ordinary Shares are traded on the Australian Stock Exchange) Ordinary Shares are traded on the Australian Stock Exchange. (ASX) Six Australian Dollars Seven Australian Dollars Eight Australian Dollars
FAQ
What does IPERIONX (IPX) director Hannigan Todd report on this Form 3?
The Form 3 shows existing holdings by director Hannigan Todd, including Ordinary Shares, Restricted Stock Units, American Depository Shares, and performance rights. It establishes his baseline ownership position in IPERIONX Ltd without reporting any new share purchases or sales.
What derivative or performance-based awards are disclosed for IPERIONX (IPX)?
The Form 3 discloses performance rights over 306,302 underlying IPX Ordinary Shares at each of A$6, A$7, and A$8 exercise prices. These rights expire in April 2030 and provide longer-term upside exposure linked to future share performance.
What vesting schedule is mentioned in the IPERIONX (IPX) Form 3 footnotes?
Footnotes state that 159,334 units vest in December 2026 and 295,130 vest in April 2028. This schedule underscores that a meaningful portion of the director’s incentive awards is tied to achieving medium- to long-term service and performance milestones.