Equity award: IBEX (IBEX) director Patrick McGinnis granted 2,083 RSUs

Rhea-AI Filing Summary

McGinnis Patrick reported acquisition or exercise transactions in this Form 4 filing.

IBEX Ltd director Patrick McGinnis reported an equity award of 2,083 common shares in the form of restricted stock units (RSUs). The RSUs were granted at no cash price and increase his directly owned common shares to 6,863 after the transaction.

The footnote explains that each RSU represents a contingent right to receive one common share. Twenty-five percent of the RSUs vest on July 1, 2026, with the remaining 75% vesting in equal annual installments over the following three years, assuming he remains in continuous service on each vesting date.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider McGinnis Patrick

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Shares	2,083	$0.00	--

Holdings After Transaction: Common Shares — 6,863 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

McGinnis Patrick

(Last) (First) (Middle)

C/O IBEX LIMITED

1717 PENNSYLVANIA AVENUE NW, SUITE 825

(Street)

WASHINGTON DC 20006

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
IBEX Ltd [ IBEX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Shares	03/02/2026		A		2,083(1)	A	$0(1)	6,863	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The Reporting Person was granted restricted stock units ("RSUs"), which represent a contingent right to receive one share of Common Stock for each RSU. 25% of the RSUs vest on July 1, 2026, with 25% of the RSUs vesting annually thereafter for the following three years, provided that the Reporting Person remains in continuous service on each vesting date.

Remarks:

	Lisa Lenstrohm, Attorney-in-Fact	03/04/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did IBEX (IBEX) director Patrick McGinnis report?

Patrick McGinnis reported an equity award of 2,083 IBEX common shares in the form of restricted stock units. These RSUs were granted at no cash price and represent a contingent right to receive one share of common stock for each RSU upon vesting.

How many IBEX (IBEX) shares does Patrick McGinnis own after this Form 4 filing?

After this grant, Patrick McGinnis directly owns 6,863 IBEX common shares. The increase reflects the reported award of 2,083 restricted stock units, which are structured as a contingent right to receive common shares as the RSUs vest over time.

What are the vesting terms of the IBEX (IBEX) RSUs granted to Patrick McGinnis?

The RSUs vest over four years. Twenty-five percent vest on July 1, 2026, and an additional 25% vests on each of the following three years’ anniversaries, provided Patrick McGinnis remains in continuous service on each vesting date.

Did Patrick McGinnis buy IBEX (IBEX) shares on the open market in this Form 4?

No, this Form 4 reports a grant of restricted stock units, not an open-market purchase. The transaction code is an award acquisition at a price of $0.0000 per share, reflecting compensation rather than a cash-funded stock purchase.

What type of security was reported in the IBEX (IBEX) Form 4 for Patrick McGinnis?

The filing reports non-derivative common shares delivered through restricted stock units. Each RSU represents a contingent right to receive one IBEX common share, subject to the specified time-based vesting schedule and the director’s continued service with the company.