Dechant Robert Thomas 4
4 · IBEX Ltd · Filed Feb 18, 2026
Research Summary
AI-generated summary of this filing
IBEX CEO Robert Thomas Dechant Sells 12,000 Shares
What Happened
Robert Thomas Dechant, CEO of IBEX Ltd (IBEX), disposed of a total of 12,000 shares in two open-market sales: 6,000 shares on 2026-02-17 at a weighted average price of $29.63 for proceeds of $177,786, and 6,000 shares on 2026-02-18 at a weighted average price of $29.98 for proceeds of $179,854. Combined proceeds were approximately $357,640. These were outright sales (Disposition code: S), which are typically routine liquidity events rather than explicit positive signals about company prospects.
Key Details
- Transaction dates and reported weighted-average prices:
- 2026-02-17: 6,000 shares @ $29.63 (weighted avg); proceeds $177,786. (Footnote F1: trades ranged $29.35–$30.16.)
- 2026-02-18: 6,000 shares @ $29.98 (weighted avg); proceeds $179,854. (Footnote F2: trades ranged $29.535–$30.27.)
- Total shares sold: 12,000; total proceeds ≈ $357,640.
- Shares owned after the transaction: not disclosed in the provided filing.
- No 10b5-1 plan, tax-withholding, option exercise, or gift was indicated in the summarized entries.
- Filing: Form 4 filed 2026-02-18 covering transactions on 2026-02-17 and 2026-02-18; no late-filing flag reported.
Context
Sales by executives are common and can reflect personal liquidity needs or portfolio management rather than a change in view on the company. Because this report documents direct open-market sales (not option exercises or awards), there is no immediate derivative or tax-withholding complexity to explain. Retail investors may watch future filings for purchases or additional disclosures to gauge any change in insider conviction.
Insider Transaction Report
- Sale
Common Shares
[F1]2026-02-17$29.63/sh−6,000$177,786→ 299,406 total - Sale
Common Shares
[F2]2026-02-18$29.98/sh−6,000$179,854→ 293,406 total
Footnotes (2)
- [F1]This transaction was executed in multiple trades at prices ranging from $29.35 to $30.16; the price reported above reflects the weighted average sales price. The reporting person undertakes to provide to Issuer, any security holder of Issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
- [F2]This transaction was executed in multiple trades at prices ranging from $29.535 to $30.27; the price reported above reflects the weighted average sales price. The reporting person undertakes to provide to Issuer, any security holder of Issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.