IBM director awarded 383 deferred fee shares

INTERNATIONAL BUSINESS MACHINES CORP director Alex Gorsky reported a compensation-related share award.

Rhea-AI Filing Summary

INTERNATIONAL BUSINESS MACHINES CORP director Alex Gorsky reported a compensation-related share award. He acquired 383 Promised Fee Shares tied to IBM common stock under the IBM Board of Directors Deferred Compensation and Equity Award Plan, representing deferred board fees. These Promised Fee Shares are scheduled to be paid out in common stock or cash after retirement, and his direct holdings following the award total 34,605 shares.

Insider Trade Summary

Grant/Award: 383 shares

Grant/Award 1 txn

Insider Gorsky Alex

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Promised Fee Share	383	$281.21	$108K

Holdings After Transaction: Promised Fee Share — 34,605 contracts (Direct)

Footnotes (3)

1. F1. Promised Fee Shares under the IBM Board of Directors Deferred Compensation and Equity Award Plan are paid out after retirement in the company's common stock or cash.
2. F2. Deferral of fees into Promised Fee Shares under the terms of the IBM Board of Directors Deferred Compensation and Equity Award Plan.
3. F3. Distribution of Promised Fee Shares under the IBM Board of Directors Deferred Compensation and Equity Award Plan is deferred until retirement.

Key Figures

Promised Fee Shares granted: 383 shares Reference price per share: $281.21 per share Holdings after transaction: 34,605 shares +2 more

5 metrics

Promised Fee Shares granted 383 shares Grant/award acquisition on 2026-06-30

Reference price per share $281.21 per share Valuation for Promised Fee Shares

Holdings after transaction 34,605 shares Total direct holdings following award

Underlying common shares 383 shares Underlying IBM common stock for Promised Fee Shares

Conversion/exercise price $0.00 Promised Fee Shares under deferred compensation plan

Key Terms

Promised Fee Shares, IBM Board of Directors Deferred Compensation and Equity Award Plan, deferred until retirement

3 terms

Promised Fee Shares financial

"Promised Fee Shares under the IBM Board of Directors Deferred Compensation and Equity Award Plan are paid out after retirement"

IBM Board of Directors Deferred Compensation and Equity Award Plan financial

"Deferral of fees into Promised Fee Shares under the terms of the IBM Board of Directors Deferred Compensation and Equity Award Plan"

deferred until retirement financial

"Distribution of Promised Fee Shares under the IBM Board of Directors Deferred Compensation and Equity Award Plan is deferred until retirement"

FAQ

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

What insider transaction did IBM director Alex Gorsky report on this Form 4?

Alex Gorsky reported acquiring 383 Promised Fee Shares as a compensation-related award. These are deferred fee units tied to IBM common stock under the Board’s Deferred Compensation and Equity Award Plan.

Is Alex Gorsky’s IBM Form 4 transaction an open-market stock purchase?

No, the Form 4 shows a grant of 383 Promised Fee Shares, not an open-market purchase. The award reflects deferral of director fees into share-based units under IBM’s Board plan.

At what reference price were Alex Gorsky’s IBM Promised Fee Shares recorded?

The 383 Promised Fee Shares were recorded at a reference price of $281.21 per share. This figure reflects the valuation used for the deferred compensation award on the transaction date.

How many IBM shares does Alex Gorsky hold after this reported award?

After the grant of 383 Promised Fee Shares, Alex Gorsky’s direct holdings total 34,605 shares. This post-transaction figure reflects his position as shown in the Form 4 filing.

When will IBM Promised Fee Shares for Alex Gorsky be paid out?

The Promised Fee Shares are scheduled to be paid out after retirement. Under IBM’s Board of Directors Deferred Compensation and Equity Award Plan, distributions occur in common stock or cash at that time.

What IBM plan governs Alex Gorsky’s Promised Fee Shares award?

The award is governed by the IBM Board of Directors Deferred Compensation and Equity Award Plan. Under this plan, directors can defer fees into Promised Fee Shares linked to IBM common stock value.

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

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Accepted by SEC EDGAR 07/02/2026 - 04:05 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^*

Gorsky Alex

(Last) (First) (Middle)

C/O SECRETARY'S OFFICE, 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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026

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

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
Promised Fee Share	$0.00(1)	06/30/2026		A(2)		383		(3)	(3)	Common Stock	383	$281.21	34,605	D

Explanation of Responses:

1. Promised Fee Shares under the IBM Board of Directors Deferred Compensation and Equity Award Plan are paid out after retirement in the company's common stock or cash.

2. Deferral of fees into Promised Fee Shares under the terms of the IBM Board of Directors Deferred Compensation and Equity Award Plan.

3. Distribution of Promised Fee Shares under the IBM Board of Directors Deferred Compensation and Equity Award Plan is deferred until retirement.

Remarks:

	L. Mallardi on behalf of A. Gorsky	07/02/2026
	** 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.
* Form 4: SEC 1474 (03-26)