Samuel J. Palmisano, Chairman of the Board at INTERNATIONAL BUSINESS MACHINES CORP (IBM), sold 25,458 shares at $191.91 ($4.9M) on 2012-02-14, disclosed to the SEC on 2012-02-15.
Seasonal sale ($4.9M) by Chairman of the Board — this insider has traded IBM in February in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $191.91 | 4,400 | $844K | 17.3% |
| 2 | $191.92 | 5,693 | $1.1M | 22.4% |
| 3 | $191.93 | 3,530 | $678K | 13.9% |
| 4 | $191.94 | 4,995 | $959K | 19.6% |
| 5 | $191.95 | 2,720 | $522K | 10.7% |
| 6 | $191.96 | 300 |
| $58K |
| 1.2% |
| 7 | $191.97 | 2,920 | $561K | 11.5% |
| 8 | $191.98 | 700 | $134K | 2.8% |
| 9 | $191.99 | 200 | $38K | 0.8% |
| Total | $191.94 avg | 25,458 | $4.9M | 100% |
| Filing → |
| IBM | SELL | 2012-02-15 | $5.5M | — | Filing → |
| IBM | SELL | 2011-08-02 | $4.3M | — | Filing → |
| IBM | SELL | 2011-08-02 | $5.3M | — | Filing → |