J. Kavanaugh - Feb 10, 2025 Form 4 Insider Report for INTERNATIONAL BUSINESS MACHINES CORP (IBM)

Role
Sr. VP and CFO
Signature
L. Mallardi on behalf of J. J. Kavanaugh
Stock symbol
IBM
Transactions as of
Feb 10, 2025
Transactions value $
$0
Form type
4
Date filed
2/11/2025, 04:07 PM
Previous filing
Feb 3, 2025
Next filing
Feb 19, 2025
SEC
View on sec.gov

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 Phantom Stock Unit Award $0 +68 +0.67% $0.00 10.2K Feb 10, 2025 Common Stock 68 $0.00 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Phantom stock units convert to the cash value of the company's common stock on a one-for-one basis.
F2 Acquisition of phantom stock units under the IBM Excess Savings Plan.
F3 Distribution of phantom stock units under the IBM Excess Savings Plan is deferred until separation from the company. The reporting person may transfer these phantom stock units into an alternative investment account under such plan.