International Business Machines (IBM) director reports zero share ownership

Rhea-AI Filing Summary

INTERNATIONAL BUSINESS MACHINES CORP director Ramon Laguarta filed an initial ownership report indicating that he currently holds no securities of the company. The filing states that no securities are beneficially owned and shows a post-reporting balance of 0 shares held directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Laguarta Ramon

Role Director

Type	Security	Shares	Price	Value
holding	No securities are beneficially owned.	--	--	--

Holdings After Transaction: No securities are beneficially owned. — 0 shares (Direct)

Footnotes (1)

Understanding Insider Trading Forms →

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Laguarta Ramon

(Last) (First) (Middle)

C/O SECRETARY'S OFFICE, IBM CORPORATION

ONE NEW ORCHARD ROAD

(Street)

ARMONK NY 10504

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
03/01/2026

3. Issuer Name and Ticker or Trading Symbol
INTERNATIONAL BUSINESS MACHINES CORP [ IBM ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
No securities are beneficially owned.	0.00	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney

	L. Mallardi on behalf of R. Laguarta	03/05/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What does Ramon Laguarta's Form 3 filing for IBM show?

The Form 3 filing shows that director Ramon Laguarta reports holding no securities of INTERNATIONAL BUSINESS MACHINES CORP, with beneficial ownership listed as zero shares following the reported position.

Does IBM director Ramon Laguarta own any IBM shares according to this Form 3?

According to the Form 3, no securities are beneficially owned by director Ramon Laguarta, and the total number of shares reported following the position is 0, held directly.

Are there any buy or sell transactions in Ramon Laguarta's IBM Form 3?

The Form 3 shows no buy or sell transactions. It reflects a holding entry stating that no securities are beneficially owned and records a balance of zero shares after the reported position.

What is the ownership type reported in Ramon Laguarta's IBM Form 3?

The filing reports direct ownership with an ownership code of "D", but the position shows zero shares, meaning no IBM securities are currently beneficially owned under this direct ownership.

Why is Ramon Laguarta's IBM Form 3 important for investors?

The Form 3 informs investors that Ramon Laguarta, a director of IBM, currently reports no beneficial ownership of IBM shares, clarifying his disclosed equity stake at the time of this filing.