Dechant Robert Thomas 4

What Happened

• Robert Thomas Dechant, CEO of IBEX Ltd (IBEX), sold a total of 12,000 common shares in two open-market transactions. On 2026-02-19 he sold 6,000 shares at a weighted-average price of $29.73 for proceeds of $178,358; on 2026-02-20 he sold 6,000 shares at a weighted-average price of $29.40 for proceeds of $176,398. Total proceeds from these sales were $354,756. These were sales (not purchases), which are commonly routine liquidity events rather than a direct signal of company outlook.

Key Details

• Transaction dates and prices:
  • 2026-02-19: 6,000 shares @ weighted avg $29.73 (range $29.47–$29.97) — $178,358 (see footnote F1)
  • 2026-02-20: 6,000 shares @ weighted avg $29.40 (range $29.02–$29.87) — $176,398 (see footnote F2)
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes: Each sale was executed in multiple trades; the reported prices are weighted averages and the filer offers to provide breakdowns of shares sold at each price on request (F1, F2).
• Timeliness: Filing date 2026-02-20 appears timely for the reported transactions; no late-filing flag indicated.

Context

• These were open-market dispositions (Form 4 code "S"). Sales by executives can be for many personal reasons (diversification, taxes, cash needs); the filing is factual and does not disclose the insider’s motive. Retail investors often pay more attention to purchases as stronger indicators of insider conviction.