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Beverly Wyse boosts IPERIONX (IPX) stake with 106,093-share option exercise

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

IPERIONX Ltd director Beverly Wyse exercised options to acquire 106,093 IPX Ordinary Shares at 0.8700 in Australian dollars per share that were exercisable until December 5, 2026. After the exercise she directly holds 745,868 ordinary shares plus 84,771 RSUs, with 70,609 vesting in December 2026 and 14,162 in December 2027; no open‑market sale is reported.

Positive

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Insider Wyse Beverly
Role Director
Type Security Shares Price Value
X Options to acquire IPX Ordinary Shares 106,093 $0.87 $92K
Exercise IPX Ordinary Shares 106,093 $0.87 $92K
holding Restricted Stock Units (RSUs) -- -- --
Holdings After Transaction: Options to acquire IPX Ordinary Shares — 0 shares (Direct); IPX Ordinary Shares — 745,868 shares (Direct); Restricted Stock Units (RSUs) — 84,771 shares (Direct)
Footnotes (1)
  1. IPX Ordinary Shares are traded on the Australian Stock Exchange. Exercise of options to purchase IPX Ordinary Shares. Australian dollars. 70,609 vest in December 2026; 14,162 vest in December 2027 Exercise of options to purchase IPX Ordinary Shares Exercisable at any time prior to 5-Dec-2026. The options were exercised to purchase the ordinary shares (the purchase of 106,093 ordinary shares is shown in Table 1)
Options exercised 106,093 IPX Ordinary Shares Shares acquired through option exercise on July 15, 2026
Exercise price 0.8700 Australian dollars per share Price paid per share upon exercising options
Shares held after transaction 745,868 shares Direct IPX Ordinary Shares owned by Beverly Wyse after the exercise
RSUs outstanding 84,771 RSUs Restricted Stock Units held after the reported transactions
RSUs vesting in 2026 70,609 units Portion of RSUs scheduled to vest in December 2026
RSUs vesting in 2027 14,162 units Portion of RSUs scheduled to vest in December 2027
Restricted Stock Units (RSUs) financial
"Security title listed as Restricted Stock Units (RSUs) with future vesting."
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
in-the-money derivative exercise financial
"Transaction action noted as an in-the-money derivative exercise of options."
Australian Stock Exchange market
"Footnote states IPX Ordinary Shares are traded on the Australian Stock Exchange."
derivative security financial
"Transaction code description refers to exercise of a derivative security."
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What insider transaction did IPERIONX (IPX) director Beverly Wyse report on July 15, 2026?

Beverly Wyse exercised options to acquire 106,093 IPX Ordinary Shares at 0.8700 in Australian dollars per share. The options were in-the-money derivative securities that were exercisable at any time prior to December 5, 2026, and she retained all acquired shares.

How many IPERIONX (IPX) shares does Beverly Wyse own after the July 2026 transaction?

Following the reported option exercise, Beverly Wyse directly holds 745,868 IPX Ordinary Shares. This reflects the addition of 106,093 shares from exercising options, with no same-day open-market sale of those shares indicated in the disclosure.

What was the exercise price of Beverly Wyse’s IPERIONX (IPX) options?

The exercised options had an exercise price of 0.8700 in Australian dollars per share. Footnotes specify that this amount is denominated in Australian dollars and that the options could be exercised at any time before December 5, 2026.

What restricted stock units does Beverly Wyse hold in IPERIONX (IPX)?

Beverly Wyse holds 84,771 Restricted Stock Units (RSUs). Footnotes explain that 70,609 of these RSUs vest in December 2026 and 14,162 vest in December 2027, providing additional equity exposure beyond her directly held ordinary shares.

Were any IPERIONX (IPX) shares sold by Beverly Wyse in connection with this transaction?

No sales are indicated; the disclosure shows only an option exercise acquiring 106,093 shares and no related open-market sale or tax-withholding disposition. Post-transaction, she retains all newly acquired shares and her updated equity position is fully reported.
SEC Form 4
FORM 4UNITED 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*
Wyse Beverly

(Last)(First)(Middle)
1092 CONFROY DRIVE

(Street)
SOUTH BOSTON VIRGINIA 24592

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
IPERIONX Ltd [ IPX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
IPX Ordinary Shares(1)07/15/202607/15/2026M(2)106,093A$0.87(3)745,868D
Restricted Stock Units (RSUs)84,771(4)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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Options to acquire IPX Ordinary Shares$0.87(3)07/15/202607/15/2026X(5)106,093 (6)12/05/2026IPX Ordinary Shares(1)106,093$0.87(3)0(7)D
Explanation of Responses:
1. IPX Ordinary Shares are traded on the Australian Stock Exchange.
2. Exercise of options to purchase IPX Ordinary Shares.
3. Australian dollars.
4. 70,609 vest in December 2026; 14,162 vest in December 2027
5. Exercise of options to purchase IPX Ordinary Shares
6. Exercisable at any time prior to 5-Dec-2026.
7. The options were exercised to purchase the ordinary shares (the purchase of 106,093 ordinary shares is shown in Table 1)
Michael Spath, Attorney-in-fact for Beverly Wyse07/15/2026
** Signature of Reporting PersonDate
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)