IBM Insider Trading

International Business Machines Corporation (IBM) operates in the Technology sector, specifically the Information Technology Services industry, with a market capitalization near $217.43B, listed on NYSE, employing roughly 264,300 people, carrying a beta of 0.72 to the broader market. International Business Machines Corporation (IBM) delivers comprehensive technology solutions and services across the globe. Led by Arvind Krishna, public since 1915-09-24.

In the last 12 months, International Business Machines Corporation insiders made 3 buy transactions and 1 sale transaction.

DateNameTypeSharesPriceValue
Oct 8, 2026Baker Frank0$0.00$0
Oct 1, 2026Laguarta RamonA-Award415$0.00$0
Oct 1, 2026Gorsky AlexA-Award489$0.00$0
Oct 1, 2026HOWARD MICHELLE JA-Award291$0.00$0
Oct 1, 2026LIVERIS ANDREW NA-Award444$0.00$0
Oct 1, 2026MCNABB FREDERICK WILLIAM IIIA-Award415$0.00$0
Oct 1, 2026Miebach MichaelA-Award415$0.00$0
Oct 1, 2026Pollack Martha EA-Award268$0.00$0
Oct 1, 2026VOSER PETER R.A-Award455$0.00$0
Oct 1, 2026ZOLLAR ALFRED WA-Award415$0.00$0

IBM Insider Activity by Quarter

Reported Form 4 and Form 5 lines under IBM's own SEC company ID, by transaction date, back to Q4 2024. Purchases and sales are code P / S (open market or private) in the company's shares; other lines are purchases and sales of other securities (options, warrants, preferred), awards, exercises, tax withholding, gifts and other acquisitions and dispositions. Later filings and amendments can change the current quarter. Earlier quarters are not shown: the filings read reach back to Feb 23, 2024, and a quarter counts only when every filing for it was read.

QuarterPurchasesBoughtSalesSoldOther Lines
Q4 2026 (so far)0N/A0N/A0
Q3 20260N/A1$5.8M19
Q2 20260N/A0N/A12
Q1 20263$417.2K0N/A116
Q4 20250N/A0N/A16
Q3 20250N/A0N/A23
Q2 20250N/A0N/A29
Q1 20251$298.8K1$6.7M108
Q4 20241$197.1K1$774.7K15

IBM Institutional Ownership (13F)

As of Jun 30, 2026 (Q2 2026), 3,625 institutions reported holding 613,536,284 IBM shares, valued at $173.83B as reported, 68.2% of its market cap (market cap of Jun 26, 2026). That is +138 institutions from the quarter before. Among managers whose reports for both quarters are comparable, 276 opened a position, 125 closed one, 1,619 added and 1,232 trimmed.

Top Holders, Q2 2026

ManagerSharesValueChange
BlackRock, Inc.76,763,481$21.59B-802,472
VANGUARD CAPITAL MANAGEMENT LLC61,385,366$17.26B+539,761
STATE STREET CORP56,045,055$15.76B+1,450,562
VANGUARD PORTFOLIO MANAGEMENT LLC28,348,295$7.97B+687,429
GEODE CAPITAL MANAGEMENT, LLC23,448,500$6.58B+372,171
MORGAN STANLEY17,459,828$4.91B-2,171,123
Capital World Investors16,207,905$4.56B-854,548
BANK OF AMERICA CORP /DE/14,988,328$4.21B-1,075,325
JPMORGAN CHASE & CO12,445,411$3.46B-6,099,283
NORTHERN TRUST CORP10,227,731$2.88B-77,057

By Quarter

QuarterInstitutionsSharesValue
Q2 20263,625613,536,284$173.83B
Q1 20263,487593,418,819$143.66B
Q4 20253,700602,857,343$177.98B
Q3 20253,412595,345,881$167.93B
Q2 20253,385593,036,137$174.13B
Q1 20253,228579,069,252$143.88B
Q4 20243,105574,468,462$131.38B
Q3 20242,903570,372,837$130.80B
Q2 20242,720572,427,306$103.39B

From the SEC's Form 13F data sets: investment managers with $100 million or more in Section 13(f) securities report their holdings each quarter, up to 45 days after it ends; a restated filing replaces the original, and values are as the managers reported them (a position whose price runs about 1,000 times below other managers', from a manager whose positions mostly do, is read as reported in thousands of dollars). The same shares can be reported by more than one manager, so totals can count some twice.

ETFs Holding IBM

FundWeight of IBMShares (as reported)Value (as reported)Source updated
VTI Vanguard Morningstar Total Stock Market ETF0.30%29,869,314$6.99BOct 7, 2026
VOO Vanguard S&P 500 ETF0.33%24,972,374$5.84BOct 7, 2026
IVV iShares Core S&P 500 ETF0.31%12,535,043$2.76BOct 8, 2026
SPY State Street SPDR S&P 500 ETF0.31%11,500,809$2.53BOct 8, 2026
VTV Vanguard Morningstar Value ETF0.80%8,983,824$2.10BOct 7, 2026
XLK State Street Technology Select Sector SPDR ETF1.14%6,872,096$1.52BOct 8, 2026
VGT Vanguard Information Technology ETF0.86%6,253,383$1.46BOct 7, 2026
VIG Vanguard Dividend Appreciation ETF0.94%5,320,395$1.24BOct 7, 2026
DIA State Street SPDR Dow Jones Industrial Average ETF Trust2.55%5,149,399$1.16BOct 8, 2026
VYM Vanguard High Dividend Yield ETF0.89%3,816,565$892.6MOct 7, 2026
DGRO iShares Core Dividend Growth ETF1.38%2,656,412$585.8MOct 8, 2026
SPYM State Street SPDR Portfolio S&P 500 ETF0.31%2,510,685$553.4MOct 8, 2026
IWD iShares Russell 1000 Value ETF0.56%2,094,508$461.9MOct 8, 2026
COWZ Pacer US Cash Cows 100 ETF1.97%1,674,528$369.3MOct 8, 2026
TDIV First Trust NASDAQ Technology Dividend Index Fund7.49%1,534,378$338.3MOct 8, 2026

From each fund's latest holdings file on record that shows IBM's listed security itself. A file counts when its line count is consistent with the fund's reported holdings count (at most twice it plus 10, or at most 1,000 lines for a reported count of exactly 10, which the data source gives many funds as a cap), read with that file or inherited from the fund's last classified file (within 20% of its line count, read within 60 days). Funds whose line for the company could not be confirmed as IBM's listed security, or that hold it through underlying funds (look-through), are not listed. Only long positions count: a fund is left out when any of its lines for IBM reports a negative weight, share count or value, or none of them above zero (a short position, or figures that disagree). Shares, value and weight are as reported in each fund's file, dated by the data source's last update of that file (not the date of the positions); the weight is IBM's share of that fund.

IBM Congress Trades

Members of Congress and their households disclosed 132 transactions in IBM on file (73 purchases, 59 sales) by 30 members, the latest trade on Sep 25, 2026. The newest 10 are below.

MemberChamberTypeAmountTradedDisclosed
Ro Khanna (D-CA-17)HouseSale$1,001 - $15,000Sep 25, 2026Oct 9, 2026
Ro Khanna (D-CA-17)HousePurchase$1,001 - $15,000Sep 11, 2026Oct 9, 2026
Lloyd Doggett (D-TX-37)HousePurchase$1,001 - $15,000Sep 10, 2026Oct 6, 2026
Maria Elvira Salazar (R-FL-27)HouseSale$1,001 - $15,000Sep 4, 2026Oct 8, 2026
Maria Elvira Salazar (R-FL-27)HouseSale$1,001 - $15,000Aug 24, 2026Sep 10, 2026
Maria Elvira Salazar (R-FL-27)HouseSale$1,001 - $15,000Aug 24, 2026Sep 10, 2026
Maria Elvira Salazar (R-FL-27)HouseSale$1,001 - $15,000Aug 24, 2026Sep 10, 2026
Gilbert Ray Cisneros, Jr. (D-CA-31)HousePurchase$1,001 - $15,000Aug 18, 2026Sep 11, 2026
Ro Khanna (D-CA-17)HouseSale$1,001 - $15,000Aug 10, 2026Sep 7, 2026
Gilbert Ray Cisneros, Jr. (D-CA-31)HouseSale (Full)$1,001 - $15,000Jul 17, 2026Sep 7, 2026

From the periodic transaction reports members of the Senate and the House file under the STOCK Act, within 45 days of a trade (some file later); amounts are the ranges the reports give (a few give an exact amount), and a transaction a later report lists again is counted once. On file: House reports disclosed from Apr 10, 2023 through Oct 13, 2026; Senate reports disclosed from Jan 30, 2014 through Oct 7, 2026. The party is the member's on the trade date. A trade is listed under the company that traded under its ticker on the trade date (dated from Feb 1, 2021, unless the filing describes another company of ours; before that, only when the filing's description of the security is the company's name).

How to Read IBM Insider Activity

Net insider sentiment is bullish over the trailing twelve months: 3 buy transactions versus 1 sales. Cluster buying by officers or directors is one of the cleaner insider signals because purchases require personal capital deployment and carry direct SEC scrutiny for material non-public information violations. The transaction table above includes the filer's reporting name, transaction type, share count, per-share price, and total dollar value where computable. For options traders, insider activity is one input to event-driven sizing alongside earnings calendar, analyst-rating cluster moves, and the implied-vol surface. Form 4 filings (the dominant Section 16 reporting form) must be submitted within two business days of the transaction; clusters of buys across multiple insiders within a short window are the strongest informational pattern. SEC EDGAR carries the underlying source filings for verification and additional historical depth.

Learn how insider trading is reported and how to read the data →

Frequently asked IBM insider trading questions

How active are IBM insiders right now?
Over the trailing twelve months, International Business Machines Corporation (IBM) insiders made 3 buy transactions and 1 sale transaction. Net insider sentiment over the trailing twelve months tilts to the buy side (3 buys vs 1 sales). The transaction list above shows the most recent filings; each entry includes the insider's name, transaction type, share count, and per-share price.
What counts as an insider transaction?
Section 16 of the Securities Exchange Act requires officers, directors, and 10% beneficial-owner shareholders to disclose changes in their holdings via Form 3 (initial statement), Form 4 (subsequent transactions, filed within two business days), and Form 5 (annual catch-up). Insider transactions cover open-market purchases and sales, exercise of stock options, gifts, and grants. The "transaction type" field on each row distinguishes these subcategories.
Are IBM insider buys a bullish signal?
Insider purchases (Type P, made on the open market or privately; the code covers both) carry more informational weight than insider sales: an insider must commit personal capital, and the SEC scrutinizes purchases under Rule 10b5-1 for material non-public information. Sales, by contrast, are often driven by liquidity, tax planning, or pre-scheduled 10b5-1 trading plans rather than negative information. Cluster buying (multiple insiders buying within a short window) is a stronger signal than isolated buys.
How do IBM insider transactions affect options pricing?
Insider transaction data does not directly drive implied volatility, but Form 4 disclosures can move single-name IV if the size or timing is unusual (e.g. a large CEO buy ahead of an earnings window). Options markets price the marginal informational content; routine transactions under pre-scheduled plans are typically ignored. For event-driven options sizing, pair the insider transaction history with the upcoming earnings calendar.