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

SEC announcement ·  Feb 24 06:35
Summary by Futu AI
On February 21, 2024, James J. Kavanaugh, Sr. VP and CFO of IBM Corp, completed a series of transactions involving the company's common stock. Kavanaugh acquired a total of 6,954 shares at no cost, which is typically indicative of the exercise or conversion of derivative securities. On the same day, he disposed of 3,485 shares at a price of $180.87 each, resulting in a total market value of $630,331.95. This disposal was part of the payment for exercise price or tax liability by delivering or withholding securities. Following these transactions, Kavanaugh's direct holdings in IBM Corp amounted to 118,745.6704 shares of common stock.
On February 21, 2024, James J. Kavanaugh, Sr. VP and CFO of IBM Corp, completed a series of transactions involving the company's common stock. Kavanaugh acquired a total of 6,954 shares at no cost, which is typically indicative of the exercise or conversion of derivative securities. On the same day, he disposed of 3,485 shares at a price of $180.87 each, resulting in a total market value of $630,331.95. This disposal was part of the payment for exercise price or tax liability by delivering or withholding securities. Following these transactions, Kavanaugh's direct holdings in IBM Corp amounted to 118,745.6704 shares of common stock.
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