Miebach Michael reported acquisition or exercise transactions in this Form 4 filing.
INTERNATIONAL BUSINESS MACHINES CORP director Michael Miebach received 325 Promised Fee Shares as a compensation award. These were granted on June 30, 2026 at a reference price of $281.21 per share under IBM’s Board of Directors Deferred Compensation and Equity Award Plan.
The Promised Fee Shares represent deferred board fees and will be paid out after retirement in IBM common stock or cash, according to plan terms. Following this grant, Miebach’s holdings in Promised Fee Shares increased to 4,278 shares, and the transaction reflects routine deferred compensation rather than an open-market purchase.
INTERNATIONAL BUSINESS MACHINES CORP director Frederick William McNabb III received a compensation-related equity award. He acquired 325 Promised Fee Shares linked to IBM common stock at a reference value of $281.21 per share, increasing his direct holdings to 16,518 underlying shares.
The Promised Fee Shares arise from deferring board fees under the IBM Board of Directors Deferred Compensation and Equity Award Plan. According to the plan terms, these deferred Promised Fee Shares are paid out after retirement in IBM common stock or cash, with distribution deferred until that retirement date.
INTERNATIONAL BUSINESS MACHINES CORP director Andrew N. Liveris reported a compensation-related award of Promised Fee Shares. On the reported date, he acquired 347 Promised Fee Shares linked to IBM common stock, based on a reference price of $281.21 per share, increasing his reported holdings to 44,497 shares.
According to the IBM Board of Directors Deferred Compensation and Equity Award Plan, these Promised Fee Shares represent deferred board fees. They are scheduled to be paid out after retirement in IBM common stock or cash, and distribution is deferred until that retirement event.
INTERNATIONAL BUSINESS MACHINES CORP director Michelle J. Howard reported a compensation-related acquisition of Promised Fee Shares. She received 228 Promised Fee Shares as a grant/award tied to director fees, with an indicated value of $281.21 per share, linked to IBM common stock.
These Promised Fee Shares are part of the IBM Board of Directors Deferred Compensation and Equity Award Plan, with distribution deferred until retirement in company common stock or cash. After this award, her directly held Promised Fee Share balance reported in this filing is 16,639 units.
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.
INTERNATIONAL BUSINESS MACHINES CORP director David N. Farr received a grant of 209 Promised Fee Shares as board compensation. These Promised Fee Shares represent deferred fees under the IBM Board of Directors Deferred Compensation and Equity Award Plan and are linked to IBM common stock.
The Promised Fee Shares will be paid out after retirement, in either IBM common stock or cash, rather than through an open‑market purchase. After this award, Farr’s reported holdings tied to IBM common stock total 23,346 shares, showing this is a relatively small, routine compensation-related acquisition.
Buberl Thomas reported acquisition or exercise transactions in this Form 4 filing.
INTERNATIONAL BUSINESS MACHINES CORP director Thomas Buberl received 341 Promised Fee Shares as a grant under the IBM Board of Directors Deferred Compensation and Equity Award Plan. These deferred fee awards are tied to IBM common stock and bring his holdings under this plan to 14,706 shares.
Brown Marianne Catherine reported acquisition or exercise transactions in this Form 4 filing.
INTERNATIONAL BUSINESS MACHINES CORP director Marianne Catherine Brown received a grant of 325 Promised Fee Shares on June 30, 2026 as part of her board compensation. These Promised Fee Shares represent deferred director fees and are tied to IBM common stock.
Following this grant, she is credited with 4,016 Promised Fee Shares. Under the IBM Board of Directors Deferred Compensation and Equity Award Plan, these awards are paid out after retirement, either in the company’s common stock or in cash, with distribution deferred until retirement.
International Business Machines Corporation (IBM) extended the maturities of its existing syndicated credit facilities without changing their key terms. The company’s $2.5 billion Three-Year Credit Agreement, originally dated June 22, 2021, now matures on June 20, 2029. Its $7.5 billion Five-Year Credit Agreement, also dated June 22, 2021, now matures on June 22, 2031. All other terms of both agreements remain unchanged, helping IBM maintain committed backup liquidity from a broad bank group.
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.