| 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 |
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| 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*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
IPERIONX Ltd [ IPX ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 04/28/2026 | ||||||||||||||||||||||||||
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4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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| 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 | ||||||
| Ordinary Shares(1) | 3,128,089(2) | D | ||||||||
| Restricted Stock Units (RSUs) | 703,199(3) | D | ||||||||
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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| 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 | ||||||||
| American Depository Shares (ADS)(4) | (5) | 04/28/2026 | P | 3,000 | (5) | (5) | Ordinary Shares(1) | 30,000(5) | $30.63(6) | 37,000(2) | D | ||||
| Performance Rights (A$4) | $4(7) | 12/21/2027 | 12/21/2028 | Ordinary Shares(1) | 1,110,000 | 1,110,000 | D | ||||||||
| Performance Rights (A$6) | $6(7) | 04/10/2029 | 04/10/2030 | Ordinary Shares(1) | 415,695 | 415,695 | D | ||||||||
| Performance Rights (A$7) | $7(7) | 04/10/2029 | 04/10/2030 | Ordinary Shares(1) | 415,695 | 415,695 | D | ||||||||
| Performance Rights (A$8) | $8(7) | 04/10/2029 | 04/10/2030 | Ordinary Shares(1) | 415,695 | 415,695 | D | ||||||||
| Performance Rights (A$18) | $18(7) | 04/02/2030 | 04/02/2031 | Ordinary Shares(1) | 226,047 | 226,047 | D | ||||||||
| Options (A$18) | $18(7) | 04/02/2030 | 04/02/2031 | Ordinary Shares(1) | 536,521 | 536,521 | D | ||||||||
| Options (A$22) | $22(7) | 04/02/2030 | 04/02/2031 | Ordinary Shares(1) | 607,244 | 607,244 | D | ||||||||
| Explanation of Responses: |
| 1. Ordinary Shares are traded on the Australian Stock Exchange (ASX). |
| 2. This is a correction since prior filing. See detailed notes below. |
| 3. 302,666 vest in December 2026; 400,533 vest in April 2028 |
| 4. American Depository Shares (ADS) are traded on the Nasdaq |
| 5. One ADS is equivalent and exchangeable into ten ordinary shares |
| 6. This is the average price of ADS purchased. |
| 7. Australian dollars |
| Remarks: |
| Two corrections since prior filing: (1) the number of Ordinary Shares held is 3,128,089 (not 3,188,146) (2) the prior filing omitted the ownership of 23,000 ADS (equivalent to 230,000 ordinary shares) The net result is that the prior filing understated ownership equivalent to 169,943 ordinary shares |
| Michael Spath, Attorney-in-fact for Toby Symonds | 04/30/2026 | |
| ** 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. | ||