INTERNATIONAL BUSINESS MACHINES CORP·4

Feb 23, 9:05 PM ET

KRISHNA ARVIND 4

4 · INTERNATIONAL BUSINESS MACHINES CORP · Filed Feb 23, 2026

Research Summary

AI-generated summary of this filing

Updated

IBM CEO Arvind Krishna Receives RSUs, Withholds Shares for Taxes

What Happened

  • Arvind Krishna (Chairman, President & CEO) had restricted stock units (RSUs) vest on 2026-02-21. A total of 16,903 RSUs converted to common shares (reported as derivative exercises, code M) at $0 per share (vesting). To satisfy tax withholding obligations (code F), Krishna surrendered 8,470 shares at $256.42 per share, generating $2,171,878 in value. The net result was 8,433 shares retained by the insider.

Key Details

  • Transaction date: 2026-02-21; Form 4 filed 2026-02-23 (timely).
  • Vesting entries: 5,166; 6,123; and 5,614 RSUs converted to shares (total 16,903).
  • Tax-withheld/disposed shares: 2,587; 3,069; and 2,814 (total 8,470) at $256.42 each = $2,171,878.
  • Codes: M = exercise/conversion of derivative (RSU vesting), F = payment of tax liability via share withholding.
  • Shares owned after transaction: not specified in the provided excerpt.
  • Footnotes: these RSUs stem from grants in 2022, 2023 and 2024 with scheduled vesting (see filing footnotes F1–F5). Some units are payable in cash or stock upon lapse of restrictions (F2).

Context

  • This is not an open-market sale or purchase signal; it’s routine RSU vesting with a cashless-type tax withholding (company shares surrendered to cover taxes).
  • No indication of a trading plan (10b5‑1) or gifting; the action reflects standard payroll/tax mechanics tied to equity compensation.

Insider Transaction Report

Form 4
Period: 2026-02-21
KRISHNA ARVIND
DirectorChairman, President & CEO
Transactions
  • Exercise/Conversion

    Common Stock

    2026-02-21+5,166368,627.283 total
  • Tax Payment

    Common Stock

    2026-02-21$256.42/sh2,587$663,359366,040.283 total
  • Exercise/Conversion

    Common Stock

    2026-02-21+6,123372,163.283 total
  • Tax Payment

    Common Stock

    2026-02-21$256.42/sh3,069$786,953369,094.283 total
  • Exercise/Conversion

    Common Stock

    2026-02-21+5,614374,708.283 total
  • Tax Payment

    Common Stock

    2026-02-21$256.42/sh2,814$721,566371,894.283 total
  • Exercise/Conversion

    Rst. Stock Unit

    [F1][F2][F3]
    2026-02-215,1660 total
    Exercise: $0.00Common Stock (5,166 underlying)
  • Exercise/Conversion

    Rst. Stock Unit

    [F4][F2][F3]
    2026-02-216,1236,123 total
    Exercise: $0.00Common Stock (6,123 underlying)
  • Exercise/Conversion

    Rst. Stock Unit

    [F5][F2][F3]
    2026-02-215,61411,227 total
    Exercise: $0.00Common Stock (5,614 underlying)
Footnotes (5)
  • [F1]On 2/21/22, the reporting person was granted 20,655 RSUs, 5,163 of which vested on 2/21/23, 5,163 of which vested on 2/21/24, 5,163 of which vested on 2/21/25 and 5,166 of which vested on 2/21/26.
  • [F2]These units were payable in cash or the company's common stock upon the lapse of the restrictions on the transaction date shown.
  • [F3]Release of restricted stock units.
  • [F4]On 2/21/23, the reporting person was granted 24,492 RSUs, 6,123 of which vested on 2/21/24, 6,123 of which vested on 2/21/25, 6,123 of which vested on 2/21/26 and 6,123 of which will vest on 2/21/27.
  • [F5]On 2/21/24, the reporting person was granted 22,454 RSUs, 5,613 of which vested on 2/21/25, 5,614 of which vested on 2/21/26, 5,613 of which will vest on 2/21/27, and 5,614 of which will vest on 2/21/28
Signature
L. Mallardi on behalf of A. Krishna|2026-02-23

Documents

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