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Krishna Acquires Phantom Stock Units Through IBM's Excess Savings Plan

Guavy AI Editorial Team
Instruments
IBM
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Arvind Krishna, Chairman, President, and CEO of International Business Machines Corp (IBM), acquired 8,375.5601 phantom stock units through the IBM Excess Savings Plan on August 27, 2026.

The transaction occurred under an indirect ownership structure, with a conversion or exercise price of $0.00, according to a Form 4 filing submitted to the SEC on August 28, 2026.

The underlying common stock price at the time was $238.79 per share, and the phantom stock units convert to the cash value of IBM common stock on a one-to-one basis.

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