Dechant Robert Thomas 4

What Happened
Robert Dechant, CEO of IBEX Ltd (IBEX), had 4,511 shares withheld by the company on July 1, 2026 to cover tax liability related to the vesting of restricted stock units. The withheld shares are reported as a disposition at $31.60 per share, equal to $142,548. The underlying event was the vesting of 9,946 RSUs on July 1, 2026; no shares were sold by the reporting person to pay taxes.

Key Details

• Transaction date and price: July 1, 2026 — 4,511 shares withheld at $31.60 per share.
• Reported value of withheld shares: $142,548.
• Underlying award: Net share settlement to satisfy taxes on 9,946 vested RSUs (footnote F1).
• Shares sold by insider: None — shares were withheld by the issuer (not an open-market sale).
• Shares owned after transaction: Not specified in this Form 4.
• Filing: Form 4 filed July 6, 2026 for the July 1 transaction (filing appears late — transactionTimeliness = 'L').

Context
This was a routine net-share settlement to cover tax withholding on RSU vesting, not an open-market sale. Such withholding is common and does not necessarily indicate a change in the insider’s view of the company. For retail investors, purchases are generally more informative than withholding transactions like this one.