Form 4: Andrew N. Liveris Reports IBM Stock Acquisition Through Deferred Compensation Plan

Director Andrew N. Liveris reports acquiring 393 shares of IBM stock through a deferred compensation plan on March 31, 2025.

Summary

• Andrew N. Liveris, a director of International Business Machines Corp (IBM), reported a transaction on March 31, 2025.
• The transaction involved the acquisition of 393 shares of IBM common stock through the IBM Board of Directors Deferred Compensation and Equity Award Plan.
• These shares were acquired as promised fee shares, which are paid out after retirement in either common stock or cash.
• The price per share was $248.66.
• Following the transaction, Liveris directly owns 41,425 shares of IBM common stock.

Sentiment

Score: 7

Explanation: The document reflects a neutral sentiment as it is a standard regulatory filing. The director's participation in the deferred compensation plan could be viewed positively, indicating confidence in the company.

Positives

• The director's participation in the deferred compensation plan demonstrates a commitment to the company's long-term success.

Future Outlook

The document does not contain any specific forward-looking statements regarding IBM's future performance.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC when a company insider, such as a director, buys or sells shares of the company's stock. It provides transparency to the market regarding insider transactions.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies and their insiders, ensuring compliance with SEC regulations.
• The IBM Board of Directors Deferred Compensation and Equity Award Plan is a common method for compensating and incentivizing board members, aligning their interests with those of shareholders.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider activity.
• The director's participation in the deferred compensation plan aligns their interests with those of shareholders.

Key Dates

Keywords

IBM, Andrew N. Liveris, Form 4, Director, Stock Acquisition, Deferred Compensation, Equity Award Plan, Beneficial Ownership