IBEX Ltd: chief AI & digital officer Michael Joseph Darwal received 2,348 shares

What happened

• Michael Joseph Darwal, chief AI & digital officer, had 2,348 performance-based stock units vest and convert to common shares on Sep 30, 2026 (award/acquisition at $0.00).
• On the same date, 843 shares were withheld by the issuer to satisfy a tax liability related to the vesting, at a reported price of $43.26 per share, resulting in $36,468 withheld.

Key details

• Transaction date(s) and price(s): Sep 30, 2026 — 2,348 shares acquired at $0.00 (code A); 843 shares withheld at $43.26 (code F).
• Shares owned after the transaction: not reported in the filing.
• Relevant footnotes from the filing: the 2,348 PSUs vested upon certification of performance goals for the two-year period ending Jun 30, 2026 and converted to common shares (F1); 843 shares were withheld by the issuer to satisfy tax obligations and this withholding was not a discretionary sale by the reporting person (F2); $43.26 is the closing price on Sep 30, 2026 (F3).
• Filing date: Oct 2, 2026; the filing does not indicate it was late.

Why it may matter

• This filing shows performance-based PSUs vested and converted to common shares.
• The issuer withheld 843 shares to cover tax liabilities; the filing states no shares were sold by the reporting person to satisfy taxes (cashless withholding by issuer).
• A filing does not show why the insider traded or why the company acted.