Form 4: IBEX Ltd. Executive Jeffrey Cox Sells 9,383 Shares
SEC Form 4 Filing
Jeffrey Cox, President of IBEX Digital, sold 9,383 common shares of IBEX Ltd. on March 1, 2024, at a weighted average price of $16.0495.
Summary
- On March 1, 2024, Jeffrey Cox, President of IBEX Digital at IBEX Ltd., sold 9,383 common shares.
- The sale was executed at a weighted average price of $16.0495 per share, with individual transaction prices ranging from $16.00 to $16.18.
- Following the transaction, Cox directly owns 385,251 common shares of IBEX Ltd.
- The transaction was reported on a Form 4 filing with the SEC.
- Cox has granted a Power of Attorney to Lisa Lenstrohm, Amy VanDerSchouw and Jaime Schlomberg to execute and file Forms 3, 4, and 5 on his behalf.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to an insider transaction, which is neutral in sentiment.
Industry Context
This is a routine disclosure of an insider transaction. It's common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The sale of shares by an executive could be perceived negatively by some shareholders, but the impact is likely minimal given the relatively small number of shares sold compared to the total outstanding.
Key Dates
| Date | Description |
|---|---|
| 2023/06/29 | Date of Power of Attorney execution by Jeffrey Cox. |
| 2024/03/01 | Date of the transaction: Jeffrey Cox sold 9,383 common shares. |
| 2024/03/05 | Date of the Form 4 filing. |
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