IPERIONX chair buys 480,000 shares in open market
IPERIONX Ltd Executive Chairman Todd Hannigan reported significant open-market share purchases.
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Form Type
4
Rhea-AI Filing Summary
IPERIONX Ltd Executive Chairman Todd Hannigan reported significant open-market share purchases. On April 28, 2026, he bought 220,000 Ordinary Shares at an average price of $4.4819 per share, followed by another purchase of 260,000 Ordinary Shares at $4.1991 per share on April 29, 2026.
After these trades, he directly holds 26,108,334 Ordinary Shares, along with 454,464 Restricted Stock Units, 500,000 American Depository Shares, and several option and performance rights awards over additional Ordinary Shares. One ADS is exchangeable for 10 Ordinary Shares, highlighting a substantial overall equity exposure.
Insider Trade Summary
Net Buyer: 480,000 shares
Net Buy
10 txns
Insider
Hannigan Todd
Role
Executive Chairman
Bought
480,000 shs ($2.08M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Ordinary Shares | 260,000 | $4.1991 | $1.09M |
| Purchase | Ordinary Shares | 220,000 | $4.4819 | $986K |
| holding | Performance Rights (A$6) | -- | -- | -- |
| holding | Performance Rights (A$7) | -- | -- | -- |
| holding | Performance Rights (A$8) | -- | -- | -- |
| holding | Performance Rights (A$18) | -- | -- | -- |
| holding | Options (A$18) | -- | -- | -- |
| holding | Options (A$22) | -- | -- | -- |
| holding | American Depository Shares | -- | -- | -- |
| holding | Restricted Stock Units (RSUs) | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 26,108,334 shares (Direct);
Performance Rights (A$6) — 306,302 contracts (Direct);
Performance Rights (A$7) — 306,302 contracts (Direct);
Performance Rights (A$8) — 306,302 contracts (Direct);
Performance Rights (A$18) — 196,086 contracts (Direct);
Options (A$18) — 465,410 contracts (Direct);
Options (A$22) — 526,760 contracts (Direct);
American Depository Shares — 500,000 contracts (Direct);
Restricted Stock Units (RSUs) — 454,464 shares (Direct)
Footnotes (7)
- F1. Ordinary Shares are traded on the Australian Stock Exchange
- F2. Australian dollars
- F3. average purchase price
- F4. American Depository Shares (ADS) are traded on the NASDAQ. One ADS is convertible into 10 ordinary shares (ordinary shares are traded on the Australian Stock Exchange).
- F5. 159,334 vest in December 2026; 295,130 vest in April 2028
- F6. ADS are traded on the Nasdaq.
- F7. One ADS is equivalent and exchangeable into Ten Ordinary Shares
Key Figures
Open-market purchase 1: 220,000 shares at $4.4819
Open-market purchase 2: 260,000 shares at $4.1991
Direct Ordinary Share holdings: 26,108,334 shares
+5 more
8 metrics
Open-market purchase 1
220,000 shares at $4.4819
Ordinary Shares bought on April 28, 2026
Open-market purchase 2
260,000 shares at $4.1991
Ordinary Shares bought on April 29, 2026
Direct Ordinary Share holdings
26,108,334 shares
Total Ordinary Shares after latest purchase
Restricted Stock Units
454,464 units
RSUs outstanding after transactions
American Depository Shares
500,000 ADS
Each ADS exchangeable into 10 Ordinary Shares
Options at A$22
526,760 underlying shares
Options over Ordinary Shares, exercise price A$22
Options at A$18
465,410 underlying shares
Options over Ordinary Shares, exercise price A$18
Performance rights (A$8/A$7/A$6)
3×306,302 or 196,086 underlying shares
Performance rights over Ordinary Shares at A$8, A$7, A$6 and A$18
Key Terms
American Depository Shares (ADS), Restricted Stock Units (RSUs), Performance Rights, exercise price
4 terms
Restricted Stock Units (RSUs) financial
"security_title": "Restricted Stock Units (RSUs)""
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.
Performance Rights financial
"security_title": "Performance Rights (A$18)""
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.
exercise price financial
"conversion_or_exercise_price": "22.0000""
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did IPERIONX (IPX) Executive Chairman Todd Hannigan report in this Form 4?
He reported open-market purchases of 480,000 Ordinary Shares over two days. These transactions increased his direct holdings to 26,108,334 Ordinary Shares, plus additional RSUs, ADS and option-based awards linked to IPERIONX equity.
What derivative or equity-based awards linked to IPERIONX (IPX) does Todd Hannigan hold?
He holds 454,464 Restricted Stock Units, 500,000 American Depository Shares, and multiple option and performance rights series over Ordinary Shares with exercise prices of A$22, A$18, A$8, A$7 and A$6 per share.
Are Todd Hannigan’s IPERIONX (IPX) transactions classified as buys or sales?
The Form 4 classifies both reported Ordinary Share trades as open-market purchases with transaction code “P”. There are no sales reported in this filing; the transaction summary shows a net-buy position of 480,000 shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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