IBM VP granted RSUs and stock options

Fehring Nicolas A. reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Fehring Nicolas A. reported acquisition or exercise transactions in this Form 4 filing.

INTERNATIONAL BUSINESS MACHINES CORP reported that VP and Controller Nicolas A. Fehring received equity-based compensation. On February 26, 2026, he was granted 2,844 restricted stock units at a stated price of $0.0000 per unit and 7,584 employee stock options with a stated price of $0.0000 per option.

The restricted stock units are scheduled to lapse in four installments of 711 units each on February 26, 2027, February 26, 2028, February 26, 2029, and February 26, 2030, and are payable in cash or IBM common stock upon lapse. The stock options vest in four equal annual installments starting on the first exercisable date and will expire on the expiration date specified for the grant.

Insider Trade Summary

Grant/Award: 10,428 shares

Grant/Award 2 txns

Insider Fehring Nicolas A.

Role VP, Controller

Type	Security	Shares	Price	Value
Grant/Award	Rst. Stock Unit	2,844	$0.00	$0.00
Grant/Award	Emp. Stock Option (right to buy)	7,584	$0.00	$0.00

Holdings After Transaction: Rst. Stock Unit — 2,844 contracts (Direct); Emp. Stock Option (right to buy) — 7,584 contracts (Direct)

Footnotes (2)

1. F1. Upon lapse of the restrictions, these units are payable in cash or the company's common stock. The restrictions lapse for 711 of these units on February 26, 2027, 711 of these units on February 26, 2028, 711 of these units on February 26, 2029, and 711 of these units on February 26, 2030.
2. F2. These derivative securities vest in four equal annual installments, the first vesting being on the date exercisable shown. All expire on the expiration date shown above.

FAQ

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

What did IBM executive Nicolas A. Fehring report on his latest Form 4 for IBM?

Nicolas A. Fehring reported grants of equity awards from IBM, not open‑market trades. He received 2,844 restricted stock units and 7,584 employee stock options as part of his compensation package, all held directly in his name after the transactions.

How many restricted stock units did IBM grant to Nicolas A. Fehring?

IBM granted Nicolas A. Fehring 2,844 restricted stock units at a stated price of zero. These units vest in four equal tranches of 711 each year from February 26, 2027 through February 26, 2030, and are payable in cash or IBM common stock upon vesting.

What stock options did Nicolas A. Fehring receive from IBM according to the Form 4?

Fehring received 7,584 IBM employee stock options, described as rights to buy IBM common stock. The options vest in four equal annual installments, starting on the first exercisable date, and all expire on the expiration date specified in the award’s terms.

Are Nicolas A. Fehring’s IBM restricted stock units settled in cash or stock?

Upon lapse of restrictions, Fehring’s IBM restricted stock units are payable either in cash or IBM common stock. The filing states that 711 units vest each year from February 26, 2027 through February 26, 2030 under these settlement terms.

Over what period do Nicolas A. Fehring’s IBM restricted stock units vest?

The 2,844 IBM restricted stock units granted to Fehring vest over four years. Restrictions lapse on 711 units each on February 26, 2027, 2028, 2029, and 2030, creating a long‑term, time‑based vesting schedule tied to continued service.

Does the IBM Form 4 show insider buying or selling by Nicolas A. Fehring?

The Form 4 shows equity awards being acquired, not open‑market buying or selling. All reported transactions use code A for grants or awards, reflecting compensation-related acquisitions of restricted stock units and stock options held directly, rather than discretionary share purchases or sales.

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

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Accepted by SEC EDGAR 02/27/2026 - 04:54 PM 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^*

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)
02/26/2026

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

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	$0.00(1)	02/26/2026		A(1)		2,844		(1)	(1)	Common Stock	2,844	$0.00	2,844	D
Emp. Stock Option (right to buy)	$243.22	02/26/2026		A		7,584		02/26/2027(2)	02/25/2036(2)	Common Stock	7,584	$0.00	7,584	D

Explanation of Responses:

1. Upon lapse of the restrictions, these units are payable in cash or the company's common stock. The restrictions lapse for 711 of these units on February 26, 2027, 711 of these units on February 26, 2028, 711 of these units on February 26, 2029, and 711 of these units on February 26, 2030.

2. These derivative securities vest in four equal annual installments, the first vesting being on the date exercisable shown. All expire on the expiration date shown above.

Remarks:

	L. Mallardi on behalf of N. A. Fehring	02/27/2026
	** 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.