Dechant Robert Thomas 4

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.