IPERIONX President Toby Symonds Buys ADS Worth $50K

What Happened

• Toby Edgcumbe Symonds, President of IPERIONX Ltd (IPX), purchased 2,040 American Depositary Shares (ADS) on 2026-07-10 at $24.55 per ADS, for a total reported cost of $50,082. This was a purchase (a net acquisition), which investors often view as a more informative/positive signal than a sale.

Key Details

• Transaction date and price: 2026-07-10 — 2,040 ADS at $24.55 each; total $50,082.
• Shares owned after transaction: 39,040 ADS, which are equivalent to 390,400 IPX ordinary shares.
• ADS/ordinary-share conversion: 1 ADS = 10 ordinary shares (footnotes F3, F4, F5).
• Footnotes of interest:
  • F1: IPX ordinary shares trade on the Australian Stock Exchange (ASX).
  • F2: Additional equity vests in the future (302,666 in Dec 2026; 400,533 in Apr 2028).
  • F3–F5: ADS trade on NASDAQ; conversion and totals explained above.
  • F6: References Australian dollars in the filing materials.
• Filing timeliness: Report filed 2026-07-13 for a 2026-07-10 transaction — appears timely (not indicated as late).

Context

• The purchase was of ADS (U.S.-listed depository receipts) that represent underlying Australian ordinary shares (10 ordinary shares per ADS). The filing notes both the ADS counts and the equivalent ordinary-share counts; no option exercise, cashless sale, or gift was reported here.