IBM Director Alfred W. Zollar Acquires Deferred Fee Shares
INTERNATIONAL BUSINESS MACHINES CORP
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Filing Summary
=== SEC FORM 4 INSIDER FILING ===
Company: INTERNATIONAL BUSINESS MACHINES CORP (IBM)
Insider: ZOLLAR ALFRED W
Role: Director
Transaction: Acquisition (Fee Deferral)
Security: Promised Fee Share
Shares: 415
Price: $219.93
Total Value: $91,270.95
Post-Holdings: 10,427 shares
Significance: Low (Routine Director Fee Deferral)
Comprehensive Analysis
Overview
On October 1, 2026, a Form 4 filing was submitted for International Business Machines Corp (IBM) disclosing an insider transaction by Director Alfred W. Zollar.
Transaction Details
- Date: September 30, 2026
- Security: Promised Fee Share (convertible into common stock/cash upon retirement)
- Shares Acquired: 415.00 units
- Price per Unit: $219.93
- Total Value: $91,270.95
- Transaction Code:
A(Acquisition / Grant) - Post-Transaction Holdings: 10,427.00 units held directly
Strategic Context
The acquisition represents a routine quarterly deferral of director retainer/board fees into Promised Fee Shares pursuant to the IBM Board of Directors Deferred Compensation and Equity Award Plan. Payout is deferred until retirement. Because this is a scheduled equity-based compensation deferral rather than an open-market purchase or sale, it carries low trading significance.
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Important Disclaimer
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