The COO's $433K open-market sale without a 10b5-1 plan is the dominant signal here — it is not routine tax-withholding or plan-driven. The cluster is 100% selling by two C-suite officers, which historically carries negative forward returns. Monitor for any upcoming 8-K or earnings pre-announcement that could explain the timing.
Price Chart
Executive Summary
Two IBEX executives (COO and Chief People Officer) sold a combined $534K in open-market sales on September 14, 2026. The COO's sale of $433K is the larger of the two, representing a notable insider cash-out at a $40/share price. The cluster is 100% selling with no 10b5-1 plan indicated, and the total value is ~0.16% of the $326M market cap — modest but above the trivial threshold.
Key Financial Metrics
Key Facts
- COO David Martin Afdahl sold 10,819 shares for $433,483 on September 14, 2026
- Chief People Officer Inson Paul Joseph sold 2,274 shares for $90,960 on September 14, 2026
- Total insider sales: $534,443, all open-market with no 10b5-1 plan noted
- Sales represent ~0.16% of IBEX's $326M market cap
Financial Impact
$534K in insider sales, ~0.16% of market cap
Risk Factors
- Insider sales may be liquidity-driven despite no 10b5-1 plan noted
- Company has not filed any material event (earnings, guidance, M&A) in the cluster window to contextualize the sales
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-IBEX-1789592686297 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 4d ago | Press Release | $46.94 | awaiting T+1 | — | $47.09 (+0.32%) |
Sep 25, 2026 4w ago | 144 | $44.33 $43.38 | ▼ −2.14% | ▼ −1.96% | $47.09 (+6.23%) |
Sep 16, 2026 5w ago | Insider Cluster | $40.92 $40.20 | ▲ +1.76% | ▲ +1.64% | $47.09 (−15.08%) |
Sep 16, 2026 5w ago | Insider Cluster | $40.92 $40.20 | ▲ +1.76% | ▲ +1.64% | $47.09 (−15.08%) |
Sep 16, 2026 5w ago | Insider Cluster | $40.92 $40.20 | ▲ +1.76% | ▲ +1.64% | $47.09 (−15.08%) |
Sep 15, 2026 5w ago | Insider Cluster | $40.28 $40.92 | ▲ +1.59% | ▲ +0.46% | $47.09 (+16.91%) |
Sep 15, 2026 5w ago | 144 | $40.28 $40.92 | ▲ +1.59% | ▲ +0.46% | $47.09 (+16.91%) |
Sep 10, 2026 6w ago | Press Release | $39.80 $40.49 | ▲ +1.73% | ▲ +2.18% | $47.09 (+18.32%) |
May 29, 2026 21w ago | Insider Cluster | $31.64 $32.21 | ▲ +1.80% | ▲ +1.53% | $47.09 (+48.83%) |
May 13, 2026 23w ago | 8-K | $30.25 $30.56 | ▲ +1.02% | ▲ +2.25% | $47.09 (+55.67%) |
US Market Status
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