February 10, 2025 · Form 4 insider transaction
Thomas Robert David bought 1 shares of International Business Machines Corporation at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 1 day after the transaction.
Phantom stock units convert to the cash value of the company's common stock on a one-for-one basis.; Acquisition of phantom stock units under the IBM Excess Savings Plan.; Distribution of phantom stock units under the IBM Excess Savings Plan is deferred until separation from the company. The reporting person may transfer these phantom stock units into an alternative investment account under such plan.