IBM SVP sells 25,000 shares around $230 each

INTERNATIONAL BUSINESS MACHINES CORP (IBM) reported that Senior Vice President Thomas Robert David sold 25,000 shares of IBM common stock on 2026-08-26.

Rhea-AI Filing Summary

INTERNATIONAL BUSINESS MACHINES CORP (IBM) reported that Senior Vice President Thomas Robert David sold 25,000 shares of IBM common stock on 2026-08-26. The weighted average sale price was $230.3235 per share, based on multiple trades between $229.835 and $230.69. After these sales, he directly holds 47,800.35 shares of IBM common stock.

Insider Trade Summary

Net Seller: 25,000 shares

Net Sell 1 txn

Insider Thomas Robert David

Role Senior Vice President

Sold 25,000 shs ($5.76M)

Type	Security	Shares	Price	Value
Sale	Common Stock F1	25,000	$230.3235	$5.76M

Holdings After Transaction: Common Stock — 47,800.35 shares (Direct)

Footnotes (1)

1. F1. The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $229.835 to $230.69, inclusive. The reporting person undertakes to provide to International Business Machines Corporation (IBM), any security holder of IBM, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (1) to this Form 4.

Key Figures

Shares sold: 25,000 shares Weighted average sale price: $230.3235 per share Price range of sales: $229.835 to $230.69 per share +2 more

5 metrics

Shares sold 25,000 shares Sale of IBM common stock on 2026-08-26 by Senior Vice President Thomas Robert David

Weighted average sale price $230.3235 per share Weighted average price for the 25,000 IBM shares sold on 2026-08-26

Price range of sales $229.835 to $230.69 per share Range of individual transaction prices for the reported IBM share sales

Shares owned after transaction 47,800.35 shares Direct IBM common stock holdings of Thomas Robert David following the sale

Net buy/sell shares 25,000 shares sold Net selling activity in this Form 4, as summarized in transaction data

Key Terms

weighted average price, open market or private transaction, Form 4

3 terms

weighted average price financial

"The price reported in Column 4 is weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

open market or private transaction financial

"transaction_code_description: Sale in open market or private transaction"

Form 4 regulatory

"within the range set forth in this footnote (1) to this Form 4."

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did IBM (IBM) report for Thomas Robert David?

IBM reported that Senior Vice President Thomas Robert David sold 25,000 shares of IBM common stock on 2026-08-26 in an open market or private transaction and now directly holds 47,800.35 shares.

At what price did Thomas Robert David sell IBM (IBM) shares?

The reported weighted average sale price was $230.3235 per IBM share, with individual trades executed at prices ranging from $229.835 to $230.69, inclusive.

How many IBM (IBM) shares does Thomas Robert David own after this Form 4 transaction?

After the reported sale, Thomas Robert David directly owns 47,800.35 shares of IBM common stock, according to the Form 4 disclosure.

Was the IBM (IBM) insider sale by Thomas Robert David part of a Rule 10b5-1 plan?

The filing’s Rule 10b5-1 checkbox is not marked as affirmative. The available disclosure does not state that this sale was made pursuant to a Rule 10b5-1 trading plan.

What type of transaction did IBM (IBM) report for Thomas Robert David on the Form 4?

The Form 4 reports a Code S transaction, described as a sale in open market or private transaction of 25,000 shares of IBM common stock on 2026-08-26.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/28/2026 - 04:24 PM EDT Accepted by SEC EDGAR 08/28/2026 - 04:23 PM EDT Learn about SEC filing dates

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^*

Thomas Robert David

(Last) (First) (Middle)

IBM CORPORATION

ONE NEW ORCHARD ROAD

(Street)

ARMONK NEW YORK 10504

(City) (State) (Zip)

UNITED STATES

(Country)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/26/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	08/26/2026		S		25,000	D	$230.3235(1)	47,800.35	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. The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $229.835 to $230.69, inclusive. The reporting person undertakes to provide to International Business Machines Corporation (IBM), any security holder of IBM, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (1) to this Form 4.

Remarks:

	L. Mallardi on behalf of R. Thomas	08/28/2026
	** 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.
* Form 4: SEC 1474 (03-26)