David Martin Afdahl, Chief Operating Officer of IBEX Ltd, filed a Form 4 on November 3, 2026, disclosing the acquisition of 9,500 restricted stock units granted on October 30, 2026, at a price of $0.

Key Highlights

  • Reporting person: David Martin Afdahl, Chief Operating Officer of IBEX Ltd (NASDAQ:IBEX)
  • Transaction: Acquisition (Code A) of 9,500 restricted stock units (RSUs) on October 30, 2026, at a price of $0
  • Vesting schedule: 25% of the RSUs vest annually over four years, commencing September 30, 2027, subject to continuous service on each vesting date
  • Post-transaction holdings: Afdahl beneficially owned 140,325 common shares directly following the reported transaction
  • Tax withholding: On each vesting date, the issuer will automatically withhold shares to satisfy tax withholding obligations in a non-discretionary transaction
  • Filing signed by: Lisa Lenstrohm, Attorney-in-Fact, on November 3, 2026

IBEX COO David Afdahl's RSU Grant: Details and Vesting Terms

According to the Form 4 filed on November 3, 2026, David Martin Afdahl, serving as Chief Operating Officer of IBEX Ltd, was granted 9,500 restricted stock units on October 30, 2026. The filing identifies the transaction code as "A" (acquisition) and states a price of $0. Each RSU represents a contingent right to receive one share of the issuer's common stock.

The filing discloses that the RSUs will vest at a rate of 25% per year over four years, with the first vesting date on September 30, 2027. Vesting is conditional on the reporting person remaining in continuous service on each applicable vesting date. The filing further notes that, unless otherwise provided, the issuer will automatically withhold shares on each vesting date to cover the reporting person's tax withholding obligations, described as a non-discretionary transaction.

Following the reported grant, Afdahl's direct beneficial ownership of IBEX Ltd common shares stands at 140,325, as reported in Table I of the filing. No derivative securities were reported in Table II. The filing was submitted by Lisa Lenstrohm as Attorney-in-Fact for Afdahl and was filed as an individual, single-reporting-person disclosure.

What Was Disclosed

IBEX Ltd's Chief Operating Officer, David Martin Afdahl, disclosed the receipt of a 9,500 RSU grant on October 30, 2026, at $0, vesting 25% annually over four years beginning September 30, 2027, bringing his direct beneficial ownership to 140,325 common shares.