Greenwald Taylor C 4

What Happened
Taylor Greenwald, Chief Financial Officer of IBEX Ltd (IBEX), received a restricted stock award when a performance share award vested. On February 6, 2026, 20,000 shares were issued to Greenwald (award, code A) at $0.00 per share (value reported as $0 for the grant). To cover tax withholding (code F), 2,121 of those shares were surrendered/disposed at $34.98 per share for a total withholding amount of $74,193.

Key Details

• Transaction date: February 6, 2026 (Form 4 filed February 12, 2026). The filing date is 6 days after the transaction and appears to exceed the standard 2-business-day Form 4 deadline.
• Award: 20,000 restricted shares issued upon vesting (reported as acquisition at $0.00).
• Withholding/tax disposition: 2,121 shares withheld at $34.98 each, total ~$74,193 (reported as disposed to satisfy tax liability).
• Shares owned after transaction: Not specified in the provided filing details.
• Footnotes: The shares stem from a May 31, 2024 performance share award tied to Issuer Revenue and EBITDA targets; one‑third vested 2/6/2026, with remaining tranches vesting 2/6/2027 and 2/6/2028, subject to continued service. Withholding was used to satisfy tax obligations upon vesting.

Context
This was a compensation-related vesting event (performance-based restricted stock), not an open-market purchase or sale signaling a personal investment decision. The tax withholding (code F) is a common administrative step when restricted shares vest and does not necessarily reflect additional trading intent.