Director at IBEX Ltd (IBEX) granted 2,250 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Jones John William reported acquisition or exercise transactions in this Form 4 filing.
IBEX Ltd director John William Jones received an equity award of 2,250 common shares through restricted stock units. The RSUs carry a right to one common share each at no cash cost. The award vests 25% on July 1, 2026 and 25% annually for three additional years, contingent on his continued service. Following this grant, his direct ownership totals 15,244 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Jones John William
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 2,250 | $0.00 | -- |
Holdings After Transaction:
Common Shares — 15,244 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did IBEX (IBEX) report for John William Jones?
IBEX Ltd reported that director John William Jones received 2,250 restricted stock units, each representing one common share. The grant was recorded at a price of $0.0000 per share, reflecting an equity award rather than an open-market purchase.
What are the vesting terms of the 2,250 RSUs granted by IBEX Ltd?
The 2,250 restricted stock units vest over four years. Twenty‑five percent vest on July 1, 2026, with an additional 25% vesting on each of the next three yearly anniversaries, assuming John William Jones remains in continuous service at each vesting date.
Does John William Jones need to stay at IBEX for the RSUs to vest?
Yes. The vesting schedule requires that John William Jones remain in continuous service on each vesting date. If he leaves before a vesting date, the unvested restricted stock units scheduled for that date would not vest under the disclosed terms.
What type of security was granted to John William Jones by IBEX Ltd?
IBEX Ltd granted John William Jones restricted stock units, or RSUs, linked one‑for‑one to common shares. Each RSU represents a contingent right to receive one share of common stock if and when the specified vesting conditions are satisfied over the four‑year schedule.