J. Kavanaugh - Jun 8, 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
Jun 8, 2025
Transactions value $
-$695,784
Form type
4
Date filed
6/9/2025, 04:42 PM
Previous filing
Jun 10, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
KAVANAUGH JAMES J Sr. VP and CFO IBM CORPORATION, ONE NEW ORCHARD ROAD, ARMONK L. Mallardi on behalf of J. J. Kavanaugh 2025-06-09 0001433640

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IBM Common Stock Options Exercise $0 +5.16K +3.48% $0.00 154K Jun 8, 2025 Direct
transaction IBM Common Stock Tax liability -$696K -2.59K -1.68% $268.85 151K Jun 8, 2025 Direct

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 Rst. Stock Unit Options Exercise $0 -5.16K -100% $0.00 0 Jun 8, 2025 Common Stock 5.16K $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 On 06/08/21, the reporting person was granted 19,988 RSUs, 4,997 of which vested on 06/08/22, 4,997 of which vested on 06/08/23, 4,997 of which vested on 06/08/24, and 4,997 of which vested on 06/08/25. In connection with the spin-off of Kyndryl Holdings, Inc. on November 3, 2021, unvested Issuer restricted stock units were adjusted to reflect additional restricted stock units, which additional restricted stock units are included in the figures above.
F2 These units were payable in cash or the company's common stock upon the lapse of the restrictions on the transaction date shown.
F3 Release of restricted stock units.