KRISHNA ARVIND 4

What Happened
Arvind Krishna, Chairman, President & CEO of International Business Machines Corp. (IBM), had 83,028 shares issued to him on 2026-02-01 as the result of vested performance share units (award). On the same date, 41,133 shares were surrendered/withheld at $303.75 per share to satisfy tax obligations, a disposition valued at $12,494,354.

Key Details

• Transaction date: 2026-02-01; Form 4 filed 2026-02-02 (appears timely).
• Award: 83,028 shares reported as a grant/acquisition (code A) at $0.00 (company-paid award).
• Tax withholding/payment: 41,133 shares disposed (code F) at $303.75 = $12,494,354.
• Footnote: The shares came from performance share units that vested for the performance period 2023–2025 and were payable in cash or stock on the transaction date (Footnote F1).
• Shares owned after transaction: not disclosed in the provided filing excerpt.

Context
These transactions reflect a routine vesting of performance-based equity and the customary withholding of shares to cover tax liabilities — not an open-market sale or a purchase signal. For retail investors, awards and tax-withholdings are common executive compensation mechanics and should be viewed differently than purchases or voluntary sales.