Gary D. Cohn - 18 Feb 2025 Form 4 Insider Report for INTERNATIONAL BUSINESS MACHINES CORP (IBM)

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	Award	$0	+9,290		$0.000000	9,290	18 Feb 2025	Common Stock	9,290	$0.000000	Direct	F1
transaction	IBM	Emp. Stock Option (right to buy)	Award	$0	+37,160		$0.000000	37,160	18 Feb 2025	Common Stock	37,160	$261.89	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Id	Content
F1	Upon lapse of the restrictions, these units are payable in cash or the company's common stock. The restrictions lapse for 2,322 of these units on February 18, 2026, 2,323 of these units on February 18, 2027, 2,322 of these units on February 18, 2028, and 2,323 of these units on February 18, 2029.
F2	These derivative securities vest in four equal annual installments, the first vesting being on the date exercisable shown. All expire on the expiration date shown above.