James J. Kavanaugh - 21 Feb 2026 Form 4 Insider Report for INTERNATIONAL BUSINESS MACHINES CORP (IBM)

Signature
L. Mallardi on behalf of J. J. Kavanaugh
Issuer symbol
IBM
Transactions as of
21 Feb 2026
Net transactions value
-$1,263,638
Form type
4
Filing time
23 Feb 2026, 21:06:57 UTC
Previous filing
19 Feb 2026
Next filing
27 Feb 2026

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 23 Feb 2026 0001433640

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IBM Common Stock Options Exercise $0 +3,380 +2% $0.000000 173,868 21 Feb 2026 Direct
transaction IBM Common Stock Tax liability $434,375 -1,694 -0.97% $256.42 172,174 21 Feb 2026 Direct
transaction IBM Common Stock Options Exercise $0 +3,575 +2.1% $0.000000 175,749 21 Feb 2026 Direct
transaction IBM Common Stock Tax liability $459,505 -1,792 -1% $256.42 173,957 21 Feb 2026 Direct
transaction IBM Common Stock Options Exercise $0 +2,877 +1.7% $0.000000 176,834 21 Feb 2026 Direct
transaction IBM Common Stock Tax liability $369,758 -1,442 -0.82% $256.42 175,392 21 Feb 2026 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 -3,380 -100% $0.000000 0 21 Feb 2026 Common Stock 3,380 $0.000000 Direct F1, F2, F3
transaction IBM Rst. Stock Unit Options Exercise $0 -3,575 -50% $0.000000 3,575 21 Feb 2026 Common Stock 3,575 $0.000000 Direct F2, F3, F4
transaction IBM Rst. Stock Unit Options Exercise $0 -2,877 -33% $0.000000 5,754 21 Feb 2026 Common Stock 2,877 $0.000000 Direct F2, F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On 2/21/22, the reporting person was granted 13,520 RSUs, 3,380 of which vested on 2/21/23, 3,380 of which vested on 2/21/24, 3,380 of which vested on 2/21/25 and 3,380 of which vested on 2/21/26.
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.
F4 On 2/21/23, the reporting person was granted 14,299 RSUs, 3,574 of which vested on 2/21/24, 3,575 of which vested on 2/21/25, 3,575 of which vested on 2/21/26 and 3,575 of which will vest on 2/21/27.
F5 On 2/21/24, the reporting person was granted 11,508 RSUs, 2,877 of which vested on 2/21/25, 2,877 of which vested on 2/21/26, 2,877 of which will vest on 2/21/27, and 2,877 of which will vest on 2/21/28.