Hannigan Todd 4

What Happened
Todd Hannigan, Executive Chairman and Director of IPERIONX Ltd (IPX), made two open-market purchases of company stock: 220,000 shares on 2026-04-28 at A$4.48 each (A$986,018) and 260,000 shares on 2026-04-29 at A$4.20 each (A$1,091,766). Combined, Hannigan acquired 480,000 shares for A$2,077,784. These are purchases (transaction code P), which are generally viewed as a bullish signal because an insider is adding to their holdings.

Key Details

• Transaction dates and prices:
  • 2026-04-28: 220,000 shares @ A$4.48 = A$986,018
  • 2026-04-29: 260,000 shares @ A$4.20 = A$1,091,766
• Total acquired: 480,000 shares for A$2,077,784.
• Currency / market: Prices and totals reported in Australian dollars (A$). Ordinary shares trade on the Australian Securities Exchange (ASX). (Footnotes F1, F2, F3)
• ADS note: Filing also contains ADS-related notes (1 ADS = 10 ordinary shares) for context where applicable. (Footnotes F4, F6, F7)
• Vesting note: The filing references awards with future vesting (159,334 vest Dec 2026; 295,130 vest Apr 2028). (Footnote F5)
• Shares owned after the transactions are not included in the provided excerpt.
• Filing: Report filed 2026-04-29 covering activity on 2026-04-28–04-29; the filing date indicates the report was submitted promptly (within the usual 2-business-day window).

Context
These were straightforward open-market purchases (no option exercises, gifts, or tax-withholding events). Purchases by an executive chairman increase insider exposure to the company’s stock, but filings are factual records and do not explain motivation. Check subsequent filings or the company’s disclosures for any additional context.