STOCK TITAN

IBM (NYSE: IBM) VP Fehring logs PSU share award and sale

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

International Business Machines Corporation executive reports new share award and related share sale. VP and Controller Nicolas A. Fehring acquired 4,070 shares of IBM common stock on 02/01/2026 at $0.00 per share, stemming from performance share units that vested for the 2023–2025 performance period and were settled in stock. On the same date, a separate transaction coded "F" disposed of 1,598 shares at $303.755 per share. Following these transactions, Fehring directly owned 15,860.124 IBM common shares.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Fehring Nicolas A.

(Last) (First) (Middle)
IBM CORPORATION
ONE NEW ORCHARD ROAD

(Street)
ARMONK NY 10504

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
INTERNATIONAL BUSINESS MACHINES CORP [ IBM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
VP, Controller
3. Date of Earliest Transaction (Month/Day/Year)
02/01/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/01/2026 A(1) 4,070 A $0.00 17,458.124 D
Common Stock 02/01/2026 F 1,598 D $303.755 15,860.124 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. These shares result from performance share units which vested at the end of the performance period (2023-2025) and were payable in cash or the company's common stock on the transaction date shown.
Remarks:
L. Mallardi on behalf of N. A. Fehring 02/02/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider activity did IBM VP Nicolas Fehring report on this Form 4?

IBM VP and Controller Nicolas A. Fehring reported receiving 4,070 IBM common shares on 02/01/2026 from vested performance share units and a separate code "F" transaction disposing of 1,598 shares at $303.755 per share, leaving him with 15,860.124 shares owned directly.

How many IBM (IBM) shares does Nicolas Fehring own after these transactions?

After the reported transactions, Nicolas A. Fehring directly owns 15,860.124 shares of IBM common stock. This figure reflects both the 4,070-share acquisition from vested performance share units and the 1,598-share disposition coded "F" on 02/01/2026.

What was the source of the 4,070 IBM shares reported as acquired by Fehring?

The 4,070 IBM shares acquired by Nicolas A. Fehring came from performance share units that vested at the end of the 2023–2025 performance period. These units were payable in either cash or IBM common stock and were settled in stock on 02/01/2026.

At what price were the IBM shares in the Form 4 transactions recorded?

The 4,070 IBM shares from vested performance share units were recorded at $0.00 per share, reflecting an award. The separate transaction coded "F" involved disposing of 1,598 shares at a recorded price of $303.755 per share on 02/01/2026.

What does the footnote in Nicolas Fehring’s IBM Form 4 explain?

The footnote explains that the reported shares resulted from performance share units that vested at the end of the 2023–2025 performance period. These units were payable in either cash or IBM common stock and were settled in IBM common stock on the transaction date.

What is Nicolas Fehring’s role at IBM mentioned in this Form 4 filing?

In this Form 4, Nicolas A. Fehring is identified as an officer of International Business Machines Corporation, holding the title VP, Controller. The filing classifies his ownership as direct with respect to the IBM common stock reported in the transactions.
International Business Machines Corp

NYSE:IBM

IBM Rankings

IBM Latest News

IBM Latest SEC Filings

IBM Stock Data

275.10B
933.51M
0.12%
65.15%
1.53%
Information Technology Services
Computer & Office Equipment
Link
United States
ARMONK