IBEX Ltd: COO David Martin Afdahl received 3,228 shares

What happened

• David Martin Afdahl, chief operating officer, received 3,228 shares on Sep 30, 2026 (award/acquisition code A) at $0.00 per share (PSUs converted to common shares).
• On the same date, 1,590 shares were withheld by the issuer to satisfy tax withholding (code F) at $43.26 per share, resulting in $68,783 withheld.

Key details

• Transaction date and prices: Sep 30, 2026; acquisition price $0.00; withholding price $43.26 per share.
• Shares owned after the transaction: not reported in the filing.
• Relevant footnotes from the filing:
  • F1: On Sep 30, 2026, 3,228 performance-based stock units (PSUs) were earned for the two-year period ending Jun 30, 2026 and converted to common shares.
  • F2: 1,590 shares were withheld by the issuer to satisfy the reporting person's tax liability upon PSU vesting; this was not a discretionary transaction and no shares were sold by the reporting person to satisfy the tax liability.
  • F3: $43.26 is the closing price of the issuer's common shares on Sep 30, 2026.
• Filing timeliness: not indicated in the filing.

Why it may matter

• The transaction reflects PSU vesting and conversion to common shares, with shares withheld by the company to cover taxes rather than a market sale by the reporting person.
• A filing does not show why the insider traded or why the company acted.