Summary by Futu AI
Arvind Krishna, Chairman and CEO of IBM Corp, completed a series of stock transactions on June 8, 2024. The transactions involved the sale of IBM common stock and were executed directly under his ownership. Krishna acquired a total of 18,695 shares at no cost, attributed to the exercise or conversion of derivative securities. On the same day, he disposed of 9,316 shares at a price of $169.71 each, resulting in a total market value of $1,581,018.36. The sales were conducted to cover the exercise price or tax liabilities associated with the securities. Following these transactions, Krishna's direct holdings in IBM common stock amounted to 296,179.7006 shares.