Robinson Anne 4

What Happened

• Anne Robinson, Senior Vice President at IBM, had 1,722 restricted stock units (RSUs) convert to common shares on 2026-02-18. The filing shows a conversion/exercise of a derivative (code M) for 1,722 shares at $0.00 (RSU conversion).
• To satisfy tax withholding (code F), 953 of those shares were withheld/disposed at $258.68 per share, totaling $246,522. Net shares delivered to Robinson were approximately 769 shares (1,722 vested minus 953 withheld).
• This was a routine vesting/tax-withholding event rather than an open-market sale or purchase.

Key Details

• Transaction date: 2026-02-18; Filing date: 2026-02-19 (timely).
• Vesting/conversion: 1,722 RSUs converted to common shares (price $0.00 reflects RSU conversion).
• Tax withholding: 953 shares withheld at $258.68/share = $246,522.
• Net shares retained: ~769 shares.
• Shares owned after the transaction: not specified in the filing.
• Footnotes: F1 confirms these RSUs were part of a 6,889 RSU grant on 2/18/25 with annual vesting through 2029; F2/F3 note units were payable in cash or stock upon lapse of restrictions and this was the release of RSUs.
• Transaction codes: M = conversion/exercise of derivative (RSU release); F = payment of tax liability via share withholding.

Context

• This is a standard RSU vesting event with shares withheld to cover withholding taxes (a common cashless withholding method). It does not indicate an open-market sale and should be viewed as routine compensation accounting rather than a directional insider buy/sell signal.