IBM SVP Thomas R. David Sells 25,000 Shares

What Happened Thomas R. David, Senior Vice President of International Business Machines Corp. (IBM), sold 25,000 shares in an open-market transaction on August 26, 2026. The weighted-average sale price was $230.32 per share, for total proceeds of approximately $5,758,088. The sale is reported with transaction code "S" (sale).

Key Details

• Transaction date: 2026-08-26; Form 4 filed: 2026-08-28 (appears timely under the SEC two-business-day rule).
• Shares sold: 25,000; weighted-average price: $230.32; total proceeds: ~$5,758,088.
• Price range: $229.835 to $230.69 (the reported $230.32 is a weighted-average; the filer will provide per-price breakdown on request — footnote F1).
• Shares owned after the transaction: Not specified in the provided filing excerpt.
• Transaction type: Open-market sale (S). No indication in this filing of a 10b5-1 plan, gift, option exercise, or tax-withholding event.

Context

• Sales by insiders are common and can reflect many reasons (diversification, liquidity needs, pre-planned trading). A sale alone does not necessarily indicate negative views on the company.
• For retail investors, purchases generally carry clearer signals than routine sales; this filing documents a straightforward open-market disposal with a disclosed weighted-average price and range.