IBEX Director Zhuang Mingzhe Receives 1,252 Shares

What Happened

• Zhuang Mingzhe, a director of IBEX Ltd (IBEX), received 1,252 performance-based shares (PSUs converted to common stock) on July 31, 2026. The Form 4 reports the acquisition as an award (transaction code A) at a reported price of $0.00, reflecting conversion of earned PSUs rather than a cash purchase.

Key Details

• Transaction date: July 31, 2026; Form 4 filed August 4, 2026 (timely per the two-business-day rule).
• Shares acquired: 1,252 common shares; reported price $0.00 (no cash exchanged).
• Filing accession: 0002050174-26-000002.
• Footnote: PSUs were earned upon certification of performance goals for the period ending June 30, 2026 and converted to common shares (per filing).
• Shares owned after transaction: not specified in the summary provided (see filing for total beneficial ownership).

Context

• These were performance-based awards that vested and converted to shares after achievement certification — a form of compensation, not an open-market purchase or sale.
• Awards like PSUs signal fulfillment of company-set performance metrics but are routine parts of executive/director pay; they do not necessarily indicate the insider is buying or selling shares for investment reasons.