[Form 4] INTERNATIONAL BUSINESS MACHINES CORP Insider Trading Activity

Rhea-AI Filing Summary

INTERNATIONAL BUSINESS MACHINES CORP senior vice president Nickle Jaclyn Lamoreaux reported multiple transactions on February 21, 2026 tied to previously granted restricted stock units (RSUs). Several RSU tranches vested and were converted into IBM common stock through derivative exercises.

On the same date, portions of the newly delivered common shares were automatically surrendered in transactions coded "F" to cover tax liabilities at a price of $256.42 per share. After these RSU releases, Lamoreaux directly owned about 56,755.3368 IBM common shares.

Insider Trade Summary

4,391 shares exercised/converted

Mixed 9 txns

Insider LAMOREAUX NICKLE JACLYN

Role Senior Vice President

Type	Security	Shares	Price	Value
Exercise	Rst. Stock Unit	1,053	$0.00	--
Exercise	Rst. Stock Unit	1,738	$0.00	--
Exercise	Rst. Stock Unit	1,600	$0.00	--
Exercise	Common Stock	1,053	$0.00	--
Tax Withholding	Common Stock	538	$256.42	$138K
Exercise	Common Stock	1,738	$0.00	--
Tax Withholding	Common Stock	888	$256.42	$228K
Exercise	Common Stock	1,600	$0.00	--
Tax Withholding	Common Stock	817	$256.42	$209K

Holdings After Transaction: Rst. Stock Unit — 0 shares (Direct); Common Stock — 55,660.337 shares (Direct)

Footnotes (1)

1. On 2/21/22, the reporting person was granted 4,206 RSUs, 1,051 of which vested on 2/21/23, 1,051 of which vested on 2/21/24, 1,051 of which vested on 2/21/25 and 1,053 of which vested on 2/21/26. These units were payable in cash or the company's common stock upon the lapse of the restrictions on the transaction date shown. Release of restricted stock units. On 2/21/23, the reporting person was granted 6,952 RSUs, 1,738 of which vested on 2/21/24, 1,738 of which vested on 2/21/25, 1,738 of which vested on 2/21/26 and 1,738 of which will vest on 2/21/27. On 2/21/24, the reporting person was granted 6,400 RSUs, 1,600 of which vested on 2/21/25, 1,600 of which vested on 2/21/26, 1,600 of which will vest on 2/21/27, and 1,600 of which will vest on 2/21/28.

Form 4 Insider Transactions: What Each Field Means →

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^*

LAMOREAUX NICKLE JACLYN

(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)
	Senior Vice President

3. Date of Earliest Transaction (Month/Day/Year)
02/21/2026

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	02/21/2026		M		1,053	A	$0.00	55,660.3368	D
Common Stock	02/21/2026		F		538	D	$256.42	55,122.3368	D
Common Stock	02/21/2026		M		1,738	A	$0.00	56,860.3368	D
Common Stock	02/21/2026		F		888	D	$256.42	55,972.3368	D
Common Stock	02/21/2026		M		1,600	A	$0.00	57,572.3368	D
Common Stock	02/21/2026		F		817	D	$256.42	56,755.3368	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
Rst. Stock Unit(1)	$0.00(2)	02/21/2026		M(3)			1,053	(1)	(1)	Common Stock	1,053	$0.00	0.00	D
Rst. Stock Unit(4)	$0.00(2)	02/21/2026		M(3)			1,738	(4)	(4)	Common Stock	1,738	$0.00	1,738(4)	D
Rst. Stock Unit(5)	$0.00(2)	02/21/2026		M(3)			1,600	(5)	(5)	Common Stock	1,600	$0.00	3,200(5)	D

Explanation of Responses:

1. On 2/21/22, the reporting person was granted 4,206 RSUs, 1,051 of which vested on 2/21/23, 1,051 of which vested on 2/21/24, 1,051 of which vested on 2/21/25 and 1,053 of which vested on 2/21/26.

2. These units were payable in cash or the company's common stock upon the lapse of the restrictions on the transaction date shown.

3. Release of restricted stock units.

4. On 2/21/23, the reporting person was granted 6,952 RSUs, 1,738 of which vested on 2/21/24, 1,738 of which vested on 2/21/25, 1,738 of which vested on 2/21/26 and 1,738 of which will vest on 2/21/27.

5. On 2/21/24, the reporting person was granted 6,400 RSUs, 1,600 of which vested on 2/21/25, 1,600 of which vested on 2/21/26, 1,600 of which will vest on 2/21/27, and 1,600 of which will vest on 2/21/28.

Remarks:

	L. Mallardi on behalf of N. J. LaMoreaux	02/23/2026
	** Signature of Reporting Person	Date
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