4Filing Date: Oct 1, 2026

IBM 4: Director gains 444 fee shares (Oct 1, 2026)

Statement of Changes in Beneficial Ownership

View SEC Filing
ACC: 0001738987-26-000004
Total Value$97.6K
Trades1
Insiders1

Transaction Details

Buberl Thomas
Director·Direct
Grant · Acquire
Promised Fee ShareDerivative
Shares+444
Price$219.93
Total Value$97.6K
Shares Owned After15.26K
Transaction DateSep 30, 2026
Exercise Price$0.00
Footnotes ▸

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. | Deferral of fees into Promised Fee Shares under the terms of the IBM Board of Directors Deferred Compensation and Equity Award Plan. | Distribution of Promised Fee Shares under the IBM Board of Directors Deferred Compensation and Equity Award Plan is deferred until retirement. | Distribution of Promised Fee Shares under the IBM Board of Directors Deferred Compensation and Equity Award Plan is deferred until retirement.

Post-Transaction Holdings

Buberl Thomas · Director
SecuritySharesChange
Promised Fee Share15.26K+444 (3.00%)
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Deep Analysis

IBM director Thomas Buberl picked up 444 Promised Fee Shares worth about $97,600 on Sept. 30 — a deferred-compensation credit, not an open-market buy, and he sold nothing.

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Original SEC Filing Textexpand_more
=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-09-30 10b5-1 Pre-arranged Plan: No --- Issuer --- Name: INTERNATIONAL BUSINESS MACHINES CORP (IBM) CIK: 0000051143 --- Reporting Owner --- Name: Buberl Thomas CIK: 0001738987 Role: Director --- Derivative Transactions --- [Transaction #1] Security: Promised Fee Share Date: 2026-09-30 | Code: A (Grant or award) Shares: +444 | Price: $219.93 Exercise Price: $0.00 Shares Owned After: 15,256 | Ownership: D (Direct) Footnotes: [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. [F3] Distribution of Promised Fee Shares under the IBM Board of Directors Deferred Compensation and Equity Award Plan is deferred until retirement. --- Footnotes (Complete Index) --- 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. --- Signature --- /s/ L. Mallardi on behalf of T. Buberl (2026-10-01)

keid analysis is for reference only and does not constitute investment advice.