=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-02-18
10b5-1 Pre-arranged Plan: No
--- Issuer ---
Name: INTERNATIONAL BUSINESS MACHINES CORP (IBM)
CIK: 0000051143
--- Reporting Owner ---
Name: KRISHNA ARVIND
CIK: 0001629898
Role: Director, Officer (Chairman, President & CEO)
--- Non-Derivative Transactions ---
[Transaction #1]
Security: Common Stock
Date: 2026-02-18 | Code: M (Exercise of derivative)
Shares: +5,664 | Price: $0.00
Shares Owned After: 366,300.283 | Ownership: D (Direct)
[Transaction #2]
Security: Common Stock
Date: 2026-02-18 | Code: F (Payment of exercise/tax)
Shares: -2,839 | Price: $258.68
Total Value: $734,392.52
Shares Owned After: 363,461.283 | Ownership: D (Direct)
--- Derivative Transactions ---
[Transaction #1]
Security: Rst. Stock Unit
Date: 2026-02-18 | Code: M (Exercise of derivative)
Shares: -5,664 | Price: $0.00
Shares Owned After: 16,995 | Ownership: D (Direct)
Footnotes:
[F1] On 2/18/25, the reporting person was granted 22,659 RSUs, 5,664 of which vested on 02/18/26, 5,665 of which will vest on 02/18/27, 5,665 of which will vest on 02/18/28 and 5,665 of which will vest on 02/18/29.
[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.
[F1] On 2/18/25, the reporting person was granted 22,659 RSUs, 5,664 of which vested on 02/18/26, 5,665 of which will vest on 02/18/27, 5,665 of which will vest on 02/18/28 and 5,665 of which will vest on 02/18/29.
[F1] On 2/18/25, the reporting person was granted 22,659 RSUs, 5,664 of which vested on 02/18/26, 5,665 of which will vest on 02/18/27, 5,665 of which will vest on 02/18/28 and 5,665 of which will vest on 02/18/29.
[F1] On 2/18/25, the reporting person was granted 22,659 RSUs, 5,664 of which vested on 02/18/26, 5,665 of which will vest on 02/18/27, 5,665 of which will vest on 02/18/28 and 5,665 of which will vest on 02/18/29.
--- Footnotes (Complete Index) ---
F1: On 2/18/25, the reporting person was granted 22,659 RSUs, 5,664 of which vested on 02/18/26, 5,665 of which will vest on 02/18/27, 5,665 of which will vest on 02/18/28 and 5,665 of which will vest on 02/18/29.
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.
--- Signature ---
/s/ L. Mallardi on behalf of A. Krishna (2026-02-19)
