IBM (NYSE: IBM) VP Nicolas Fehring reports bona fide gift of 400 shares

Q: What insider transaction did IBM executive Nicolas A. Fehring report on this Form 4?

Nicolas A. Fehring reported a bona fide gift of 400 shares of IBM Common Stock. The transaction is coded as a gift, meaning the shares were transferred without sale proceeds, typically for personal or charitable reasons.

Q: How many IBM shares did Nicolas A. Fehring gift according to the Form 4 for IBM?

The Form 4 shows that Nicolas A. Fehring gifted 400 shares of IBM Common Stock. This transfer is classified as a bona fide gift, indicating no cash consideration was received for the shares.

Q: How many IBM shares does Nicolas A. Fehring hold after this reported gift?

After the reported gift, Nicolas A. Fehring directly holds 16,577.663 IBM shares . This post-transaction balance shows he retains a substantial position in IBM stock even after transferring 400 shares as a gift.

Q: Was the IBM insider transaction by Nicolas A. Fehring a sale or a gift?

The transaction was a gift , not a sale. It is coded as a bona fide gift (transaction code G) with a price of $0.00 per share, indicating a non-market transfer without sale proceeds.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

INTERNATIONAL BUSINESS MACHINES CORP executive Nicolas A. Fehring reported a charitable-style transfer of IBM shares. On this Form 4, the VP and Controller made a bona fide gift of 400 shares of IBM Common Stock at a stated price of $0.00 per share.

After this gift, Fehring directly holds 16,577.663 IBM shares. Because this was recorded as a gift rather than an open-market sale, it reflects a personal transfer with no sale proceeds and carries limited informational value about his view of the stock.

Insider Trade Summary

400 shares gifted

Mixed 1 txn

Insider Fehring Nicolas A.

Role VP, Controller

Type	Security	Shares	Price	Value
Gift	Common Stock	400	$0.00	--

Holdings After Transaction: Common Stock — 16,577.663 shares (Direct, null)

Footnotes (1)

Key Figures

Shares gifted: 400 shares Price per share: $0.00 per share Shares held after transaction: 16,577.663 shares +2 more

5 metrics

Shares gifted 400 shares Bona fide gift of IBM Common Stock

Price per share $0.00 per share Stated value for gifted IBM shares

Shares held after transaction 16,577.663 shares Direct IBM holdings following reported gift

Transaction date 2026-06-04 Date of IBM Common Stock gift transaction

Transaction code G Indicates bona fide gift disposition

Key Terms

bona fide gift, Common Stock, Form 4

3 terms

bona fide gift financial

"transaction_code_description: "Bona fide gift" for the 400-share transfer"

A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.

Common Stock financial

"security_title: "Common Stock" for the IBM shares transferred"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Form 4 regulatory

"INSIDER FILING DATA (Form 4): reporting IBM insider transaction"

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.

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Form 4 Insider Transactions: What Each Field Means →

06/04/2026 - 04:00 PM

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

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)
	VP, Controller

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/04/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/04/2026		G		400	D	$0.00	16,577.663	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

Remarks:

	L. Mallardi on behalf of N. A. Fehring	06/04/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did IBM executive Nicolas A. Fehring report on this Form 4?

Nicolas A. Fehring reported a bona fide gift of 400 shares of IBM Common Stock. The transaction is coded as a gift, meaning the shares were transferred without sale proceeds, typically for personal or charitable reasons.

How many IBM shares did Nicolas A. Fehring gift according to the Form 4 for IBM?

The Form 4 shows that Nicolas A. Fehring gifted 400 shares of IBM Common Stock. This transfer is classified as a bona fide gift, indicating no cash consideration was received for the shares.

How many IBM shares does Nicolas A. Fehring hold after this reported gift?

After the reported gift, Nicolas A. Fehring directly holds 16,577.663 IBM shares. This post-transaction balance shows he retains a substantial position in IBM stock even after transferring 400 shares as a gift.

Was the IBM insider transaction by Nicolas A. Fehring a sale or a gift?

The transaction was a gift, not a sale. It is coded as a bona fide gift (transaction code G) with a price of $0.00 per share, indicating a non-market transfer without sale proceeds.

What does transaction code G mean in Nicolas A. Fehring’s IBM Form 4 filing?

Transaction code G on the Form 4 indicates a bona fide gift of securities. For IBM, it means Fehring transferred 400 shares of Common Stock without receiving payment, a non-market, noneconomic disposition.