INTERNATIONAL BUSINESS MACHINES CORP·4

Feb 19, 4:51 PM ET

LAMOREAUX NICKLE JACLYN 4

Research Summary

AI-generated summary

Updated

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.