Form 4: IBM Director Peter R. Voser Acquires Shares Through Deferred Compensation Plan

IBM director Peter R. Voser acquired 430 shares of common stock through a deferred compensation plan.

Summary

• Peter R. Voser, a director at IBM, acquired 430 shares of IBM common stock on September 30, 2024.
• The shares were acquired through the IBM Board of Directors Deferred Compensation and Equity Award Plan.
• These shares are considered 'Promised Fee Shares' and will be distributed after retirement.
• The price per share at the time of acquisition was $221.08.
• Following this transaction, Mr. Voser directly owns 28,614 shares of IBM common stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, which is generally viewed neutrally to positively. It indicates alignment of interests between the director and the company's long-term performance.

Positives

• The acquisition of shares by a director demonstrates confidence in the company's future.
• The use of a deferred compensation plan aligns director interests with long-term company performance.

Future Outlook

The document does not contain any forward-looking statements or guidance.

Industry Context

This is a routine filing related to director compensation and is not indicative of any broader industry trends.

Comparison to Industry Standards

• Director compensation through deferred stock awards is a common practice among large publicly traded companies like IBM.
• Many companies use similar deferred compensation plans to align the interests of directors with long-term shareholder value.
• The specific details of IBM's plan are not unusual compared to other large technology companies.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns director interests with long-term company performance.

Key Dates

Keywords

IBM, director, Peter R. Voser, share acquisition, deferred compensation, equity award plan, insider trading, Form 4