Inson Paul Joseph 4

What Happened

• Inson Paul Joseph, Chief People Officer of IBEX Ltd (IBEX), was granted 4,000 restricted stock units (RSUs) on February 26, 2026. The RSUs were reported as acquired at $0.00 per unit (standard for equity awards at grant), representing a contingent right to receive one share of common stock per RSU upon vesting.

Key Details

• Transaction date: 2026-02-26; grant reported on Form 4 filed 2026-02-27.
• Award: 4,000 RSUs at $0.00 per unit (no cash paid on grant).
• Vesting: 25% vest on July 1, 2026, then 25% annually for the next three years, subject to continued service.
• Tax withholding: On each vesting date, IBEX will automatically withhold shares to satisfy tax withholding obligations in a non-discretionary (cashless) manner, unless otherwise provided.
• Shares owned after transaction: not specified in the filing.
• Timeliness: Filing appears timely (reported the day after the grant).

Context

• RSU grants are a form of equity compensation and vest over time; they do not represent immediately tradable shares until vested and delivered. Automatic share withholding for taxes is a common administrative practice and does not necessarily indicate buying or selling intent. This is a grant/compensation event rather than an open-market purchase or sale.