Form 4: IBM Executive Robert Thomas Reports Stock Transactions on February 11, 2025
SEC Form 4
Senior Vice President Robert Thomas of IBM reports the vesting and subsequent disposal of restricted stock units on February 11, 2025.
Summary
- On February 12, 2025, Robert David Thomas, a Senior Vice President of IBM, filed a Form 4 detailing changes in his beneficial ownership of IBM stock.
- On February 11, 2025, 14,714 restricted stock units (RSUs) vested and were converted into common stock.
- Also on February 11, 2025, 7,423 shares were disposed of at a price of $253.705 per share.
- Following these transactions, Thomas directly owns 67,391.275 shares of IBM common stock.
- The RSUs were granted on February 11, 2020, with a portion vesting on February 11, 2024, and the remainder on February 11, 2025.
- The number of RSUs was adjusted in connection with the spin-off of Kyndryl Holdings, Inc. on November 3, 2021.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, so the sentiment is neutral.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It reflects standard compensation practices involving stock-based awards.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects an executive's compensation and trading activity.
Key Dates
| Date | Description |
|---|---|
| 02/11/2020 | Reporting person was granted 35,601 RSUs. |
| 11/03/2021 | Spin-off of Kyndryl Holdings, Inc., resulting in adjustment of unvested Issuer restricted stock units. |
| 02/11/2024 | 21,360 RSUs vested. |
| 02/11/2025 | 14,714 RSUs vested and converted to common stock; 7,423 shares disposed of. |
| 02/12/2025 | Form 4 filing date. |
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