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IPERIONX (IPX) CFO awarded A$11 options and new restricted stock units

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

Rhea-AI Filing Summary

IPERIONX Ltd Chief Financial Officer Marcela Rocha Castro received new equity awards. She was granted options over 127,993 IPX Ordinary Shares at an exercise price of A$11 per share and 52,258 restricted stock units, both dated April 2, 2026.

Each option allows the purchase of one ordinary share at the stated conversion price. Following these awards, she directly holds 340,795 ordinary shares and 214,259 restricted stock units. Existing options with a conversion price of A$5 over IPX Ordinary Shares remain outstanding, and the restricted stock units vest on a schedule extending to April 2029.

Positive

  • None.

Negative

  • None.
Insider Castro Marcela Rocha
Role Chief Financial Officer
Type Security Shares Price Value
Grant/Award Options (A$11) 127,993 $0.00 --
Grant/Award Restricted Stock Units 52,258 $0.00 --
holding Options (A$5) -- -- --
holding Ordinary Shares -- -- --
Holdings After Transaction: Options (A$11) — 127,993 shares (Direct); Restricted Stock Units — 214,259 shares (Direct); Options (A$5) — 216,672 shares (Direct); Ordinary Shares — 340,795 shares (Direct)
Footnotes (1)
  1. Ordinary Shares are traded on the Australian Stock Exchange (ASX). The restricted stock units vest in April 2029. 79,666 vest in December 2026; 82,335 vest in December 2028; 52,258 vest in April 2029. Australian Dollars. Each option confers the right to purchase one ordinary share at the conversion price.
New options granted 127,993 options Options over IPX Ordinary Shares at A$11, granted April 2, 2026
Option exercise price A$11.00/share Conversion price for newly granted options
New RSUs granted 52,258 RSUs Restricted stock units granted April 2, 2026
Ordinary shares held 340,795 shares Direct ownership after reported transactions
Existing A$5 options underlying 216,672 shares Underlying IPX Ordinary Shares for existing A$5 options
RSUs held after grant 214,259 RSUs Total restricted stock units following new award
Restricted Stock Units financial
"security_title: "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.
Options (A$11) financial
"security_title: "Options (A$11)""
conversion price financial
"Each option confers the right to purchase one ordinary share at the conversion price."
The conversion price is the fixed price at which a convertible security, like a bond or preferred stock, can be exchanged for shares of common stock. It acts like a set rate that determines how many shares an investor can receive if they choose to convert their investment. This helps investors understand the value and potential benefits of converting their securities into company shares.
Australian Dollars financial
"Australian Dollars."
expiration date financial
"expiration_date": "2030-04-02T00:00:00.000Z""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
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*
Castro Marcela Rocha

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/02/2026
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
Ordinary Shares(1)340,795D
Restricted Stock Units04/02/2026A52,258A(2)214,259(3)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 (A$5)(5)$5(4)04/10/202804/10/2029IPX Ordinary Shares(1)216,672216,672D
Options (A$11)(5)$11(4)04/02/2026A127,99304/02/202904/02/2030IPX Ordinary Shares(1)127,993(5)127,993D
Explanation of Responses:
1. Ordinary Shares are traded on the Australian Stock Exchange (ASX).
2. The restricted stock units vest in April 2029.
3. 79,666 vest in December 2026; 82,335 vest in December 2028; 52,258 vest in April 2029.
4. Australian Dollars.
5. Each option confers the right to purchase one ordinary share at the conversion price.
Samantha Birdsong Manning04/02/2026
** 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)

FAQ

What insider equity awards did IPERIONX (IPX) CFO Marcela Rocha Castro receive?

IPERIONX CFO Marcela Rocha Castro received options over 127,993 ordinary shares at A$11 and 52,258 restricted stock units. These awards, dated April 2, 2026, represent compensation-related grants rather than open-market share purchases or sales.

At what price can the new IPERIONX (IPX) options granted to the CFO be exercised?

The newly granted options to the IPERIONX CFO have an exercise price of A$11 per ordinary share. Each option entitles the holder to buy one ordinary share at this fixed price, as disclosed in the filing’s option terms.

How many IPERIONX (IPX) restricted stock units does the CFO hold after these grants?

After the latest grant of 52,258 restricted stock units, the IPERIONX CFO holds a total of 214,259 restricted stock units. These units vest over time according to a schedule that runs through April 2029, aligning with long-term incentives.

When do the newly reported IPERIONX (IPX) restricted stock units vest?

The restricted stock units reported for the IPERIONX CFO vest in April 2029. Footnotes also describe earlier vesting tranches in December 2026 and December 2028, creating a multi-year vesting schedule that encourages long-term alignment with shareholders.

What existing IPERIONX (IPX) options remain outstanding for the CFO after these transactions?

Existing options with a conversion price of A$5 over 216,672 IPX Ordinary Shares remain outstanding for the CFO. These options, expiring in April 2029, complement the new A$11 options and form part of her overall derivative-based equity compensation.

How many IPERIONX (IPX) ordinary shares does the CFO directly own after the Form 4 transactions?

Following the reported grants and holdings, the IPERIONX CFO directly owns 340,795 ordinary shares. This direct ownership is separate from her restricted stock units and options, which represent additional potential equity exposure rather than currently outstanding shares.