LAMOREAUX NICKLE JACLYN 4
Research Summary
AI-generated summary
IBM SVP Jaclyn Lamoreaux Nickle Exercises RSUs, Sells 810 Shares
What Happened
- Jaclyn Lamoreaux Nickle, Senior Vice President at IBM, had 1,586 restricted stock units (RSUs) vest on 2026-02-18. The filing shows the units converted/exercised and 810 shares were disposed/withheld to cover tax liability at $258.68 per share, generating roughly $209,531. The RSUs are noted as payable in cash or common stock upon lapse of restrictions.
Key Details
- Transaction date: 2026-02-18.
- Vested/converted: 1,586 RSUs (exercise/conversion code M).
- Tax withholding/disposition: 810 shares sold/withheld at $258.68 each, total ≈ $209,531 (code F).
- Additional derivative line in the filing shows the 1,586-unit conversion/settlement (per footnotes) — units were released (footnotes F1–F3).
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Filing timeliness: no late filing indicated in the provided data.
Context
- This appears to be a routine RSU vesting and tax-withholding event (common when restricted stock units vest). The sale/withholding of 810 shares was to satisfy tax obligations, not necessarily a discretionary market sale that signals a view on the stock.
- Footnotes: the RSUs were part of a 2/18/2025 grant of 6,345 RSUs (1,586 vested on 2/18/26) and are payable in cash or stock upon lapse of restrictions; the filing records the release of those RSUs.