KAVANAUGH JAMES J (Sr. VP and CFO) exercised options at INTERNATIONAL BUSINESS MACHINES CORP
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 2/19/2026ACC: 0001433640-26-000002
Officer· Sr. VP and CFO
Since Feb 2026
-1.36K
Net shares
Net seller
$352.6K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
2.72K acquired · 4.08K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+2.72K
Price / share
—
Trade value
—
% of position
1.6%
2/18/2026
169.13K→171.85K
Common Stock
Direct
Shares
−1.36K
Price / share
$258.68
Trade value
$352.58K
% of position
0.8%
2/18/2026
171.85K→170.49K
Total
Net shares
+1.36K
Net value
-$352.58K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 2/18/2026 | M · Option Exercise | +2.72K | — | — | 1.6% | 169.13K | 171.85K |
| Common Stock Direct | 2/18/2026 | F · Tax Withholding | −1.36K | $258.68 | $352.58K | 0.8% | 171.85K | 170.49K |
| Total | +1.36K | -$352.58K | ||||||
Derivative Transactions1
Rst. Stock Unit
Direct
Converts to
Common Stock
2.72K shares
Shares
−2.72K
Strike price
0.00
Held after
8.16K
Exercisable
—
2/18/2026
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Rst. Stock Unit Direct | Common Stock2.72K shares | 2/18/2026 | M · Option Exercise | −2.72K | 0.00 | — | 8.16K |