Form 4: IBM VP Controller Gifts 350 Shares of Common Stock

IBM's VP, Controller, Nicolas A. Fehring, reported gifting 350 shares of common stock on November 14, 2025.

Summary

• Nicolas A. Fehring, the VP, Controller of International Business Machines Corp (IBM), reported a transaction.
• The transaction involved the disposition of 350 shares of IBM Common Stock.
• The transaction occurred on November 14, 2025, and was coded as a gift ('G').
• The price per share for the disposition was $0.00, consistent with a gift.
• Following this transaction, Mr. Fehring beneficially owns 13,386.897 shares of IBM Common Stock directly.

Sentiment

Score: 5

Explanation: The filing reports a routine insider gift of shares, which is generally neutral in sentiment as it reflects a personal financial decision rather than a company-specific operational or financial event.

Positives

• NA

Negatives

• NA

Risks

• NA

Future Outlook

This filing does not contain any forward-looking statements or guidance.

Industry Context

This is a routine insider transaction filing (Form 4) and does not provide broader industry context or competitive analysis. It reflects a personal decision by an executive regarding their equity holdings.

Comparison to Industry Standards

• NA

Stakeholder Impact

• Shareholders: A minor reduction in direct insider ownership, unlikely to have a material impact on overall shareholder sentiment or company valuation due to the small number of shares involved relative to total outstanding shares.

Key Dates

Keywords

IBM, Insider Transaction, Form 4, Stock Gift, Fehring Nicolas A., Common Stock