Nicolas A. Fehring - 01 Sep 2025 Form 4 Insider Report for INTERNATIONAL BUSINESS MACHINES CORP (IBM)

Role: VP, Controller
Signature: L. Mallardi on behalf of N. A. Fehring
Issuer symbol: IBM
Transactions as of: 01 Sep 2025
Net transactions value: -$338,103
Form type: 4
Filing time: 02 Sep 2025, 19:25:57 UTC
Previous filing: 09 Jun 2025
Next filing: 14 Nov 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Fehring Nicolas A.	VP, Controller	IBM CORPORATION, ONE NEW ORCHARD ROAD, ARMONK	L. Mallardi on behalf of N. A. Fehring	02 Sep 2025	0001875415

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	IBM	Common Stock	Options Exercise	$0	+2,742	+21%	$0.000000	15,523	01 Sep 2025	Direct
transaction	IBM	Common Stock	Tax liability	$338,103	-1,388	-8.9%	$243.59	14,135	01 Sep 2025	Direct
transaction	IBM	Common Stock	Gift	$0	-400	-2.8%	$0.000000	13,735	02 Sep 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	-2,742	-100%	$0.000000	0	01 Sep 2025	Common Stock	2,742	$0.000000	Direct	F1, F2, F3
transaction	IBM	Rst. Stock Unit	Award	$0	+17,276		$0.000000	17,276	02 Sep 2025	Common Stock	17,276	$0.000000	Direct	F4

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

Explanation of Responses:

Id	Content
F1	On 9/1/21, the reporting person was granted 5,308 RSUs, 2,654 of which vested on 9/1/24 and 2,654 of which vested on 9/1/25. 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.
F4	Upon lapse of the restrictions, these units are payable in cash or the company's common stock. The restrictions lapse for 8,638 of these units on September 2, 2027 and 8,638 of these units on September 2, 2029.