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|4Feb 2, 6:03 PM ET

Fehring Nicolas A. 4

Research Summary

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IBM VP Nicolas Fehring Receives Award, Sells Shares for Taxes

What Happened
Nicolas A. Fehring, Vice President and Controller at IBM, received 4,070 shares on Feb 1, 2026 as the payout of vested performance share units (PSUs). To satisfy tax liabilities tied to that vesting, 1,598 of those shares were withheld/disposed at $303.75 per share, generating about $485,400.

Key Details

  • Transaction date: 2026-02-01; Form 4 filed 2026-02-02 (timely filing).
  • Award (code A): 4,070 shares granted/issued at $0.00 (PSU payout).
  • Tax withholding/disposition (code F): 1,598 shares withheld/disposed at $303.75 each → ~$485,400.
  • Shares owned after transaction: not specified in the provided filing excerpt.
  • Footnote: These shares resulted from performance share units for the 2023–2025 performance period and were payable in cash or stock on the transaction date.

Context
This was a PSU vesting and tax-withholding event, not an open-market sale for investment reasons. Code F indicates shares were used to cover tax withholding associated with the award — a routine administrative step common when equity awards vest.