IBM Director Marianne Catherine Brown Acquires 415 Promised Fee Shares via Fee Deferral
INTERNATIONAL BUSINESS MACHINES CORP
Subscribe to track IBM
Premium users can add ticker alerts and receive realtime notification updates.
Filing Summary
Form 4 Alert: INTERNATIONAL BUSINESS MACHINES CORP ($IBM) Insider: Brown Marianne Catherine (Director) Transaction: Acquisition (Fee Deferral) Security: Promised Fee Share Shares: 415 @ $219.93 ($91,270.95) Post-Transaction Holdings: 4,460 shares Significance: Low (Routine director compensation deferral)
Comprehensive Analysis
Transaction Overview
On September 30, 2026, Marianne Catherine Brown, a Director of International Business Machines Corp ($IBM), acquired 415 Promised Fee Shares under the IBM Board of Directors Deferred Compensation and Equity Award Plan. The transaction was priced at $219.93 per share, representing a total value of approximately $91,270.95.
Filing Details
- Transaction Code:
A(Grant, award, or other acquisition pursuant to Rule 16b-3(d)) - Security: Promised Fee Shares (Derivative; converts into IBM common stock or cash following retirement)
- Post-Transaction Beneficial Ownership: 4,460 Promised Fee Shares held directly
Market Significance
This transaction carries Low informational significance. It represents a scheduled quarterly deferral of director fees into equity-equivalent units rather than an open-market discretionary purchase or sale. While it demonstrates ongoing alignment with shareholder value, it is standard executive and board compensation activity.
Get Real-Time Alerts
Join our community to receive instant notifications when high-significance filings are published
Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.