IMXI Director Michael Purcell Receives Restricted Stock Award

What Happened
Michael J. Purcell, a director of International Money Express, received an award of 1,075 restricted shares on 2026-07-01. The award was reported at a per-share value of $14.54 for a total grant value of $15,630. This was a compensation grant (award), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-07-01; reported on Form 4 filed 2026-07-02 (timely filing).
• Transaction type/code: Award/Grant (A).
• Shares awarded: 1,075 restricted common shares at $14.54 per share; total reported value $15,630.
• Vesting/conditions: Award is restricted and subject to continued service; scheduled to vest on 09/30/2026 (footnote F1).
• Shares owned after transaction: Not specified in the filing.
• No 10b5-1, tax-withholding, or late-filing notes were disclosed.

Context
Restricted stock awards to directors are common as part of board compensation and are subject to vesting conditions; they are not the same as open-market purchases and do not necessarily signal the insider’s view of the company’s stock. The award becomes fully owned by the insider only if vesting conditions (continued service through 09/30/2026) are met.