INTERNATIONAL BUSINESS MACHINES CORP 4

Arvind Krishna, IBM’s Chairman, President & CEO, received about 8.4K phantom stock units tied to IBM common stock under the company’s Excess Savings Plan, valued at roughly $2.0 million.

On August 27, 2026, IBM Chairman, President & CEO Arvind Krishna acquired 8,375.5601 phantom stock units at a reference price of approximately $238.79 per unit under the IBM Excess Savings Plan, corresponding economically to the value of IBM common stock but payable in cash and not actual shares. This award, valued at roughly $2.0 million, increases his deferred compensation exposure to IBM’s stock price, with 8,375.5601 phantom units and 28,447.467 shares of IBM common stock reported as beneficially owned following the transaction. The phantom units will be settled in cash after his separation from the company and may be reallocated among alternative investment options within the plan, indicating a routine compensation-related deferral rather than an open-market purchase or sale.

Filing Facts

CIK

51143

Ticker

IBM

Form

4

Source Type

sec

Accession

0001629898-26-000005

Alert Tier

6