Form 4: IBM CEO Arvind Krishna Reports Stock Transactions Following Performance Share Vesting

IBM CEO Arvind Krishna acquired and disposed of company stock following the vesting of performance share units.

Summary

• IBM CEO Arvind Krishna reported transactions involving the company's common stock on February 1, 2024.
• These transactions occurred due to the vesting of performance share units from the 2021-2023 performance period.
• Mr. Krishna acquired 53,691 shares and 91,286 shares at $0.00 per share due to the vesting of these units.
• He then disposed of 25,933 shares and 45,443 shares at $185.175 per share.
• Following these transactions, Mr. Krishna's direct holdings of IBM common stock totaled 281,032.1609 shares.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing related to stock transactions, and does not indicate any positive or negative sentiment.

Industry Context

This is a routine filing related to executive compensation and is common for publicly traded companies.

Comparison to Industry Standards

• Stock transactions by executives are a common occurrence in publicly traded companies like IBM.
• The vesting of performance share units is a standard form of executive compensation.
• Similar transactions are regularly reported by executives at other large technology companies such as Microsoft, Apple, and Google.

Stakeholder Impact

• The transactions have a minimal impact on shareholders as they are related to executive compensation.

Key Dates

Keywords

IBM, Arvind Krishna, stock transaction, performance share units, insider trading, SEC Form 4, vesting