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IBM Corp | 4: Statement of changes in beneficial ownership of securities-Officer KAVANAUGH JAMES J

SEC announcement ·  Jun 12 06:33
Summary by Futu AI
On June 8, 2024, James J. Kavanaugh, Sr. VP and CFO of IBM Corp, engaged in a series of stock transactions involving the company's common stock. Kavanaugh acquired a total of 10,851 shares at no cost, attributed to the exercise or conversion of derivative securities. On the same day, he disposed of 5,439 shares at a price of $169.71 each, resulting in a total market value of $923,052.69 for the disposed shares. These transactions were part of a payment of exercise price or tax liability by delivering or withholding securities. Following these transactions, Kavanaugh's direct holdings in IBM Corp amounted to 124,190.7305 shares of common stock.
On June 8, 2024, James J. Kavanaugh, Sr. VP and CFO of IBM Corp, engaged in a series of stock transactions involving the company's common stock. Kavanaugh acquired a total of 10,851 shares at no cost, attributed to the exercise or conversion of derivative securities. On the same day, he disposed of 5,439 shares at a price of $169.71 each, resulting in a total market value of $923,052.69 for the disposed shares. These transactions were part of a payment of exercise price or tax liability by delivering or withholding securities. Following these transactions, Kavanaugh's direct holdings in IBM Corp amounted to 124,190.7305 shares of common stock.
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