Casteel Julie K 4

What Happened

• Julie K. Casteel, Chief Sales/Marketing Officer of IBEX Ltd (IBEX), had 910 shares withheld by the company on July 1, 2026 to satisfy her tax liability related to the vesting of restricted stock units (RSUs). The withholding was recorded at $31.60 per share for a value of $28,756.
• This was a net share settlement (tax withholding) tied to the vesting of 2,310 RSUs; no shares were sold on the open market by the reporting person.

Key Details

• Transaction date and price: 2026-07-01 — 910 shares withheld @ $31.60 each = $28,756.
• Vesting: 2,310 RSUs vested on July 1, 2026; 910 shares were withheld to cover taxes (≈39.4% of vested shares).
• Transaction code: F (tax withholding/net share settlement).
• Shares owned after transaction: not specified in the summary data provided.
• Filing timeliness: Form filed 2026-07-06 for a 2026-07-01 event (filed 5 days after the transaction); this appears later than the typical 2-business-day Form 4 deadline.

Context

• This transaction is a routine tax withholding related to RSU vesting, not an open-market sale or a purchase. Such withholdings are administrative and do not necessarily indicate insider buying or selling sentiment.
• For retail investors: tax-withholding dispositions are common when equity awards vest; they reflect compensation tax treatment rather than a decision to liquidate shares.