VOSER PETER R. 4

What Happened
Peter R. Voser, a director of International Business Machines Corp. (IBM), received a grant of 356 Promised Fee Shares on 2026-06-30. The award is recorded at $281.21 per share for a total value of approximately $100,111. This transaction is reported as an award/grant (transaction code A) and is a derivative award under IBM’s director deferred compensation plan.

Key Details

• Transaction date: 2026-06-30; Filing date: 2026-07-02 (timely filing).
• Award: 356 Promised Fee Shares at $281.21 per share; total value ≈ $100,111.
• Transaction type/code: Grant/Award (A) — derivative interest (not an open-market purchase).
• Shares owned after transaction: Not specified in the filing.
• Footnotes: F1–F3 indicate these are Promised Fee Shares under the IBM Board of Directors Deferred Compensation and Equity Award Plan; distribution is deferred until the director’s retirement and may be paid in common stock or cash.

Context
This award reflects deferred director compensation rather than a market purchase or sale. Because distribution is deferred until retirement, it does not represent an immediate buy/sell signal. The filing is informational and does not by itself indicate the director’s view of IBM’s near-term stock prospects.