Form 4: IBM Executive James J. Kavanaugh Reports Stock Transactions
SEC Form 4 Filing
IBM's Senior VP and CFO, James J. Kavanaugh, reports the acquisition and disposal of IBM common stock and restricted stock units on February 21, 2025.
Summary
- On February 21, 2025, James J. Kavanaugh, Senior VP and CFO of IBM, engaged in transactions involving IBM common stock and restricted stock units.
- Kavanaugh acquired shares through the release of restricted stock units, specifically 3,380 shares, 3,575 shares, and 2,877 shares.
- Simultaneously, Kavanaugh disposed of shares to cover tax obligations, selling 1,694 shares, 1,792 shares, and 1,442 shares at a price of $262.925 per share.
- Following these transactions, Kavanaugh directly owns 148,526.2676 shares of IBM common stock.
Sentiment
Score: 5
Explanation: This is a neutral document detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This 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 disclosure provides transparency to shareholders regarding the stock transactions of a key executive.
Key Dates
| Date | Description |
|---|---|
| 02/21/2025 | Date of stock transactions (acquisition and disposal of shares and restricted stock units). |
| 02/25/2025 | Date of signature on the Form 4 filing. |
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