Markets / Insider trading

International Business Machines Corporation insider trading

From SEC Form 4 filings

Shares bought and sold by International Business Machines Corporation's directors, officers and largest holders. International Business Machines Corporation stock page ›

Insider trades

No insider trades by directors or officers of International Business Machines Corporation have been filed with the SEC in the period we track yet.

Company insiders (directors, senior officers and anyone owning more than 10% of the shares) must report every trade in the company's shares to the US Securities and Exchange Commission on Form 4, within two business days of the trade.

From SEC Form 4 filings. Information only, not investment advice.

Are International Business Machines Corporation insiders buying or selling?

The summary above shows the open-market buys and sales by International Business Machines Corporation's directors, officers and 10% owners over the last 3, 6 and 12 months, from their SEC Form 4 filings.

What is a Form 4?

The form a US company's directors, senior officers and 10% owners must file with the SEC within two business days of buying or selling the company's shares.

Do insider sales at International Business Machines Corporation mean the stock will fall?

Not necessarily. Insiders sell for taxes, diversification or pre-set trading plans (marked "Pre-set plan"). Open-market buys tell you more, because insiders buy for one reason: they expect the price to rise. Information only, not investment advice.

What do grant, option exercise and tax withholding mean?

A grant is shares given as pay. An option exercise turns stock options into shares. Tax withholding is shares the company keeps to pay the insider's tax when shares vest. None of them is a trade at the insider's own choosing in the market.