IBEX Chief Sales Officer Julie Casteel Receives Award, 2,646 Shares

What Happened
Julie K. Casteel, IBEX Ltd.'s Chief Sales/Marketing Officer, had 2,646 performance-based stock units (PSUs) vest on July 31, 2026. Those PSUs converted into 2,646 common shares (awarded at $0 cost). To satisfy tax withholding on the vesting, the issuer withheld 1,042 of those shares, valued at the closing price of $35.34 on July 31, 2026 (withheld shares valued at approximately $36,824). The filing reports the award (code A) and the withholding (code F).

Key Details

• Transaction date: July 31, 2026; Form 4 filed Aug 4, 2026 (accession 0001974084-26-000009).
• Award: 2,646 PSUs vested and converted to common shares (A) at $0.00 per share.
• Tax withholding/disposition: 1,042 shares withheld by the issuer (F) at $35.34 = $36,824 (valued using the closing price). The filing notes no shares were sold by Ms. Casteel to satisfy the tax liability—the company withheld shares.
• Shares owned after transaction: Not disclosed in this filing.
• Footnotes: F1 explains PSUs were earned upon certification of performance goals for period ending June 30, 2026; F2 confirms shares were withheld by the issuer for taxes and not sold by the reporting person; F3 cites the $35.34 closing price used.

Context

• This was a vesting/award event (not an open-market buy or sell). The withholding is a common way to cover tax obligations on vested equity and does not necessarily signal a discretionary sale by the insider.
• For retail investors, awards that vest signal company compensation tied to performance metrics but do not, by themselves, indicate insider sentiment in the way a deliberate open-market purchase or sale might.