Arima Anastasios 4
4 · IPERIONX Ltd · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
IPERIONX CEO Arima Anastasios Receives Share Awards
What Happened
- Arima Anastasios, CEO of IPERIONX Ltd (IPX), was granted a package of equity awards on 2026-04-02 totaling 1,441,908 instruments. The filing shows three items: 237,944 shares (price N/A) and two derivative awards priced at A$18.00 (564,759 units, total A$10,165,662) and A$22.00 (639,205 units, total A$14,062,510). These are awards/grants (Form 4 transaction code A) rather than open-market purchases or sales.
Key Details
- Transaction date: 2026-04-02 (filing accession: 0001864247-26-000005).
- Awards granted: 237,944 (price N/A); 564,759 at A$18.00 (A$10,165,662); 639,205 at A$22.00 (A$14,062,510). Total instruments = 1,441,908.
- Shares owned after transaction: not specified in the provided excerpt.
- Notable footnotes from the filing:
- F5: amounts/prices are in Australian dollars (A$).
- F1/F3/F4: Ordinary shares trade on the ASX; American Depositary Shares (ADS) trade on Nasdaq; 1 ADS = 10 ordinary shares.
- F6: Performance rights convert 1-for-1 into ordinary shares after meeting (a) four years of continuous service through 04/02/2030 and (b) an ASX 30-day VWAP of A$18.00.
- F7: Options (where applicable) give the right to buy one ordinary share at the stated conversion/exercise price.
- F2: Vesting schedule notes (in the filing) that 318,666 vest in Dec 2026 and 419,910 vest in Apr 2028.
- Filing timeliness: the report date and filing date are both 2026-04-02 (no late filing indicated in the provided data).
Context
- These are grant/award transactions (derivative awards and share grants), not open-market purchases or sales. Derivative awards (performance rights/options) typically convert to ordinary shares only after vesting and satisfaction of performance conditions (see F6/F7). Awards can be part of long-term incentive compensation and do not by themselves indicate immediate buying or selling in the market.
Insider Transaction Report
Form 4
IPERIONX LtdIPX
Arima Anastasios
DirectorChief Executive Officer
Transactions
- Award
Performance Rights (A$18)
[F5][F6][F1]2026-04-02+237,944→ 237,944 totalExercise: $18.00From: 2030-04-02Exp: 2031-04-02→ IPX Ordinary Shares (237,944 underlying) - Award
Options (A$18)
[F5][F7][F1]2026-04-02$18.00/sh+564,759$10,165,662→ 564,759 totalExercise: $18.00From: 2030-04-02Exp: 2031-04-02→ IPX Ordinary Shares (564,759 underlying) - Award
Options (A$22)
[F5][F7][F1]2026-04-02$22.00/sh+639,205$14,062,510→ 639,205 totalExercise: $22.00From: 2030-04-02Exp: 2031-04-02→ IPX Ordinary Shares (639,205 underlying)
Holdings
- 12,206,782
Ordinary Shares
[F1] - 738,576
Restricted Stock Units
[F2] - 12,800
American Depository Shares (ADS)
[F3][F4][F1]→ IPX Ordinary Shares (128,000 underlying) - 435,806
Performance Rights (A$6)
[F5][F1]Exercise: $6.00From: 2029-04-10Exp: 2030-04-10→ IPX Ordinary Shares (435,806 underlying) - 435,806
Performance Rights (A$7)
[F5][F1]Exercise: $7.00From: 2029-04-10Exp: 2030-04-10→ IPX Ordinary Shares (435,806 underlying) - 435,806
Performance Rights (A$8)
[F5][F1]Exercise: $8.00From: 2029-04-10Exp: 2030-04-10→ IPX Ordinary Shares (435,806 underlying)
Footnotes (7)
- [F1]Ordinary Shares are traded on the Australian Stock Exchange (ASX).
- [F2]318,666 vest in December 2026; 419,910 vest in April 2028.
- [F3]American Depository Shares are traded on the Nasdaq.
- [F4]One ADS is equivalent and exchangeable into ten ordinary shares.
- [F5]Australian Dollars
- [F6]Each performance right is convertible into one ordinary share after performance criteria have been met. Performance criteria are (1) four years of continuous service through 04/02/2030, and (2) IPX stock price on the ASX reaching a thirty-day volume-weighted average price (VWAP) of A$18.00.
- [F7]Each option confers the right to purchase one ordinary share at the conversion price.
Signature
Samantha Birdsong Manning|2026-04-02