Form 4: IBM Senior Vice President Jaclyn Lamoreaux Reports Stock Transactions

IBM Senior Vice President Jaclyn Lamoreaux reported the acquisition of 8,592 shares of common stock and the disposal of 3,614 shares on February 1, 2024.

Summary

• Jaclyn Lamoreaux, a Senior Vice President at IBM, reported changes in her beneficial ownership of IBM stock.
• On February 1, 2024, she acquired 8,592 shares of common stock as a result of performance share units vesting.
• These shares were payable in cash or company stock and were valued at $0.00 at the time of acquisition.
• On the same day, she disposed of 3,614 shares of common stock at a price of $185.175 per share.
• Following these transactions, Ms. Lamoreaux directly owns 25,643.796 shares of IBM common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing of stock transactions by a company executive, and does not indicate any positive or negative sentiment.

Industry Context

This is a routine filing related to stock transactions by a company executive, which is common practice for publicly traded companies. It provides transparency into the trading activities of company insiders.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and IBM's filing is consistent with these requirements.
• Similar filings are made by executives at other large technology companies such as Microsoft, Apple, and Google, when they trade company stock.

Stakeholder Impact

• The stock transactions by a company executive may be of interest to shareholders, but are not expected to have a significant impact on the company's operations or financial performance.

Key Dates

Keywords

IBM, stock transaction, insider trading, Form 4, share acquisition, share disposal, performance share units, beneficial ownership