Dechant Robert Thomas 4

What Happened

• Robert Thomas Dechant, CEO of IBEX Ltd (IBEX), received a restricted stock award of 124,582 shares on Feb 6, 2026 as one-third vesting of a 2022 performance share award (acquired at $0.00).
• On the same date 18,988 shares were disposed (withheld) to cover tax withholding at $34.98 per share, a withholding value of $664,200. The award vested because certain trailing-four-quarter Revenue and EBITDA targets were met.

Key Details

• Transaction dates: February 6, 2026 (award vesting and tax withholding). Filing date: February 12, 2026 (filed late; outside the 2-business-day Form 4 window).
• Award: 124,582 shares granted/issued at $0.00 (code A). One-third vested on 2/6/2026; remaining one-third vest on 2/6/2027 and one-third on 2/6/2028, subject to continued service. (Footnote F1)
• Tax withholding: 18,988 shares withheld to satisfy tax obligations at $34.98 per share, total value $664,200 (code F). (Footnote F2)
• Shares owned after the reported transactions: not specified in the Form 4 filing.
• Filing timeliness: The Form 4 was filed Feb 12, 2026 — after the standard 2-business-day reporting window (late filing).

Context

• This was a performance-based restricted stock vesting (not an open-market purchase or voluntary sale). The share disposition was a tax-withholding event (common when awards vest) rather than an indicative sale for investment purposes.
• Remaining award vesting is conditional on continued service through the future vesting dates and the earlier-achieved performance metrics.