LAMOREAUX NICKLE JACLYN 4

What Happened

• Jaclyn Lamoreaux Nickle, Senior Vice President at IBM, had restricted stock units (RSUs) vest on 2026-02-21 that converted into 4,391 shares. Per the filing, 2,243 of those shares were surrendered/sold to cover tax withholding at $256.42 per share, totaling about $575,150. The remaining 2,148 shares were retained by the reporting person.
• This was not a market-driven sale for cash besides tax withholding — it reflects RSU vesting and the routine surrender of shares to satisfy tax obligations (transaction codes: M = conversion of derivative/vesting, F = payment of tax liability).

Key Details

• Transaction date: 2026-02-21; Filing date: 2026-02-23 (timely filing).
• Withheld/disposed shares: 538, 888, and 817 shares (total 2,243) at $256.42 per share; total value of shares withheld ≈ $575,150.
• Shares issued from vesting: 1,053 + 1,738 + 1,600 = 4,391 shares.
• Net shares retained after withholding: 4,391 − 2,243 = 2,148 shares.
• Relevant footnotes: grants dated 2/21/22, 2/21/23, and 2/21/24 produced the RSUs that vested (footnotes F1, F4, F5); units were payable in cash or stock and this filing reflects release of RSUs and tax-withholding (F2, F3).
• No indication of a 10b5-1 plan or that this was a discretionary open-market sale — treatment appears to be routine tax withholding on vesting.

Context

• This transaction is a routine RSU vesting and cashless tax withholding, not an active sell decision for investment purposes. For retail investors, purchases or open-market buys by insiders often carry more informational weight; here the primary event is receipt of compensation (award) with shares withheld for taxes.