Form 4: IBM Executive Jaclyn LaMoreaux Reports Stock Transactions
SEC Form 4 Filing
Senior Vice President Jaclyn LaMoreaux reports the acquisition and disposal of IBM common stock and restricted stock units on February 21, 2025.
Summary
- On February 21, 2025, Jaclyn LaMoreaux, a Senior Vice President at IBM, engaged in transactions involving IBM common stock and restricted stock units.
- LaMoreaux acquired 1,051 shares of common stock through the vesting of restricted stock units, followed by the disposal of 537 shares to cover tax obligations at a price of $262.925 per share, resulting in a net increase of 514 shares.
- Additionally, she acquired 1,738 shares of common stock through the vesting of restricted stock units, followed by the disposal of 888 shares to cover tax obligations at a price of $262.925 per share, resulting in a net increase of 850 shares.
- Furthermore, she acquired 1,600 shares of common stock through the vesting of restricted stock units, followed by the disposal of 817 shares to cover tax obligations at a price of $262.925 per share, resulting in a net increase of 783 shares.
- Following these transactions, LaMoreaux directly owns 41,057.79 shares of IBM common stock and holds derivative securities consisting of 4,800 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing and does not inherently convey positive or negative sentiment. It simply reports transactions.
Positives
- The vesting of restricted stock units indicates that LaMoreaux is meeting performance or time-based vesting requirements.
- The increase in direct ownership of IBM common stock aligns LaMoreaux's interests with those of shareholders.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, as required by the SEC. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are routine and do not represent a significant change in the company's financial position.
Key Dates
| Date | Description |
|---|---|
| 02/21/2025 | Date of transactions involving common stock and restricted stock units. |
| 02/25/2025 | Date of signature on the Form 4 filing. |
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