Form 4: IBM Director David N. Farr Reports Acquisition of Common Stock Through Deferred Compensation Plan

Director David N. Farr reports acquiring 232 shares of IBM common stock through a deferred compensation plan.

Summary

• David N. Farr, a director of International Business Machines Corp (IBM), reported a transaction on March 31, 2025.
• The transaction involved the acquisition of 232 shares of IBM common stock.
• These shares were acquired through the IBM Board of Directors Deferred Compensation and Equity Award Plan.
• The price per share was $248.66.
• Following the transaction, Farr directly owns 21,595 shares of IBM common stock.
• The acquisition involved 'Promised Fee Shares' which are paid out after retirement in either common stock or cash.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction related to deferred compensation. The director's increased stake could be seen as mildly positive.

Positives

• The acquisition of shares by a director can be seen as a positive signal, indicating confidence in the company's future performance.

Future Outlook

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

Industry Context

Insider transactions are closely monitored by investors as they can provide insights into a company's prospects. A director acquiring shares may signal confidence in the company's future.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment due to the director's increased investment in the company.

Key Dates

Keywords

IBM, David N. Farr, Director, Common Stock, Deferred Compensation, Form 4, Insider Trading