Nicolas A. Fehring, VP and Controller of IBM Corp, engaged in a series of stock transactions involving IBM common stock between September 1, 2024, and September 3, 2024. On September 1, Fehring acquired 2,742 shares at no cost, an action typically associated with the exercise of derivative securities. On the same day, he disposed of 1,388 shares at a price of $200.475 each, primarily to cover exercise prices or tax liabilities, totaling approximately $278,259 in market value. Additionally, on September 3, Fehring reported a bona fide gift of 530 shares, which did not affect the market value. After these transactions, Fehring's direct holdings in IBM common stock amounted to 10,372.074 shares. The transactions are reported as in progress.

Nicolas A. Fehring, VP and Controller of IBM Corp, engaged in a series of stock transactions involving IBM common stock between September 1, 2024, and September 3, 2024. On September 1, Fehring acquired 2,742 shares at no cost, an action typically associated with the exercise of derivative securities. On the same day, he disposed of 1,388 shares at a price of $200.475 each, primarily to cover exercise prices or tax liabilities, totaling approximately $278,259 in market value. Additionally, on September 3, Fehring reported a bona fide gift of 530 shares, which did not affect the market value. After these transactions, Fehring's direct holdings in IBM common stock amounted to 10,372.074 shares. The transactions are reported as in progress.