FREDERICK H. WADDELL - 30 Sep 2025 Form 4 Insider Report for INTERNATIONAL BUSINESS MACHINES CORP (IBM)

Role: Director
Signature: L. Mallardi on behalf of F. Waddell
Issuer symbol: IBM
Transactions as of: 30 Sep 2025
Net transactions value: +$97,627
Form type: 4
Filing time: 01 Oct 2025, 17:30:20 UTC
Previous filing: 01 Jul 2025
Next filing: 02 Jan 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
WADDELL FREDERICK H	Director	C/O SECRETARY'S OFFICE, IBM CORPORATION, ONE NEW ORCHARD ROAD, ARMONK	L. Mallardi on behalf of F. Waddell	01 Oct 2025	0001223690

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	IBM	Promised Fee Share	Award	$97,627	+346	+1.6%	$282.16	22,563	30 Sep 2025	Common Stock	346	$0.000000	Direct	F1, F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Promised Fee Shares under the IBM Board of Directors Deferred Compensation and Equity Award Plan are paid out after retirement in the company's common stock or cash.
F2	Deferral of fees into Promised Fee Shares under the terms of the IBM Board of Directors Deferred Compensation and Equity Award Plan.
F3	Distribution of Promised Fee Shares under the IBM Board of Directors Deferred Compensation and Equity Award Plan is deferred until retirement.