[Form 4] IPERIONX Ltd Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Arima Anastasios reported acquisition or exercise transactions in this Form 4 filing.
IPERIONX Ltd Chief Executive Officer Anastasios Arima received multiple new equity awards. On 2026-04-02, he was granted 237,944 performance rights tied to an A$18.00 stock-price hurdle and four years of continuous service, each convertible into one ordinary share once the performance criteria are met.
He was also granted options over 564,759 IPX ordinary shares at A$18.00 and 639,205 shares at A$22.00, each exercisable from 2030-04-02 and expiring on 2031-04-02. These are compensation-related awards, not open-market share purchases or sales.
Following these grants, Arima holds 12,206,782 ordinary shares directly, 128,000 American Depository Shares listed on Nasdaq (each equal to ten ordinary shares), 435,806 performance rights at each of A$6.00, A$7.00 and A$8.00, and 738,576 restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
9 transactions reported
Mixed
9 txns
Insider
Arima Anastasios
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Rights (A$18) | 237,944 | $0.00 | -- |
| Grant/Award | Options (A$18) | 564,759 | $18.00 | $10.17M |
| Grant/Award | Options (A$22) | 639,205 | $22.00 | $14.06M |
| holding | American Depository Shares (ADS) | -- | -- | -- |
| holding | Performance Rights (A$6) | -- | -- | -- |
| holding | Performance Rights (A$7) | -- | -- | -- |
| holding | Performance Rights (A$8) | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Performance Rights (A$18) — 237,944 shares (Direct);
Options (A$18) — 564,759 shares (Direct);
Options (A$22) — 639,205 shares (Direct);
American Depository Shares (ADS) — 128,000 shares (Direct);
Performance Rights (A$6) — 435,806 shares (Direct);
Performance Rights (A$7) — 435,806 shares (Direct);
Performance Rights (A$8) — 435,806 shares (Direct);
Ordinary Shares — 12,206,782 shares (Direct);
Restricted Stock Units — 738,576 shares (Direct)
Footnotes (1)
- Ordinary Shares are traded on the Australian Stock Exchange (ASX). 318,666 vest in December 2026; 419,910 vest in April 2028. American Depository Shares are traded on the Nasdaq. One ADS is equivalent and exchangeable into ten ordinary shares. Australian Dollars Each performance right is convertible into one ordinary share after performance criteria have been met. Performance criteria are (1) four years of continuous service through 04/02/2030, and (2) IPX stock price on the ASX reaching a thirty-day volume-weighted average price (VWAP) of A$18.00. Each option confers the right to purchase one ordinary share at the conversion price.
Key Figures
New performance rights: 237,944 rights at A$18.00 hurdle
Options at A$18.00: 564,759 options at A$18.00
Options at A$22.00: 639,205 options at A$22.00
+5 more
8 metrics
New performance rights
237,944 rights at A$18.00 hurdle
Granted on 2026-04-02; each right convertible into one ordinary share after conditions
Options at A$18.00
564,759 options at A$18.00
Exercise from 2030-04-02; expiration 2031-04-02 over IPX ordinary shares
Options at A$22.00
639,205 options at A$22.00
Exercise from 2030-04-02; expiration 2031-04-02 over IPX ordinary shares
Ordinary shares held
12,206,782 shares
Direct IPX ordinary share holdings following reported awards
ADS underlying shares
128,000 ADS
Each ADS equals ten IPX ordinary shares; traded on Nasdaq
Existing performance rights tranches
435,806 rights at each of A$6.00, A$7.00, A$8.00
Convertible into ordinary shares after their respective vesting and performance terms
Restricted Stock Units
738,576 RSUs
Direct RSU holdings reported after the new grants
Service-based vesting
4 years
Continuous service required through 2030-04-02 for A$18.00 performance rights to convert
Key Terms
Performance Rights, American Depository Shares (ADS), Restricted Stock Units, volume-weighted average price (VWAP), +1 more
5 terms
Performance Rights financial
"Each performance right is convertible into one ordinary share after performance criteria have been met."
Performance rights are conditional awards that give employees or executives the promise of receiving company shares or cash only if the business meets specific targets or survives for a set period. They work like a bonus you only get when certain goals are hit, so they matter to investors because they can increase the number of shares outstanding (dilution), signal management’s incentives and confidence in future results, and affect per-share earnings and valuation.
Restricted Stock Units financial
"Restricted Stock Units"
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.
volume-weighted average price (VWAP) financial
"stock price on the ASX reaching a thirty-day volume-weighted average price (VWAP) of A$18.00."
Volume-weighted average price (VWAP) is the average price of a security over a trading period where each trade’s price is weighted by how many shares were traded, so larger trades pull the average more than tiny ones. Investors and traders use VWAP as a benchmark to judge whether a trade was executed at a favorable price—similar to checking whether you paid more or less than the typical price when most people were buying or selling.
exercise price financial
"Each option confers the right to purchase one ordinary share at the conversion price."
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
