Dawson Bruce Neil 4
4 · IBEX Ltd · Filed Jul 6, 2026
Research Summary
AI-generated summary of this filing
IBEX Chief Sales Officer Dawson Neil Withholds 886 Shares for Taxes
What Happened
Dawson Bruce Neil, Chief Sales and CS Officer of IBEX Ltd (IBEX), had 886 shares withheld by the issuer on July 1, 2026 to satisfy tax withholding related to the vesting of restricted stock units. The withheld shares are reported as a disposition at $31.60 per share, totaling $27,998. This was a tax-withholding (code F) transaction tied to a net share settlement, not an open-market sale.
Key Details
- Transaction date: July 1, 2026; Report filed: July 6, 2026 (appears to be filed after the typical 2-business-day Form 4 deadline).
- Transaction type/code: Tax withholding (F) — shares withheld to cover tax liability upon RSU vesting.
- Shares withheld/disposed: 886 shares at $31.60 each — total value $27,998.
- Related RSUs vesting: 2,022 restricted stock units vested on July 1, 2026 (footnote F1).
- Footnote: F1 states these 886 shares were withheld by the issuer for taxes; no shares were sold by the reporting person to satisfy the tax liability.
- Shares owned after transaction: Not specified in the provided filing excerpt.
Context: This was a routine tax-withholding event following RSU vesting (a net share settlement). It is not a discretionary market sale by the insider and therefore generally carries less informational weight about the insider’s view of the company than an open-market buy or sell. The later filing date may reflect a timing issue with Form 4 submission; investors tracking insider timing may want to note the delay.
Insider Transaction Report
- Tax Payment
Common Shares
[F1]2026-07-01$31.60/sh−886$27,998→ 61,009 total
Footnotes (1)
- [F1]Represents shares withheld by the Issuer in connection with the reporting person's net share settlement to satisfy tax liability upon the vesting of 2,022 shares of restricted stock units on July 1, 2026. No shares were sold by the reporting person to satisfy this tax liability.