Samuel J. Palmisano, Chairman of the Board at INTERNATIONAL BUSINESS MACHINES CORP (IBM), sold 28,655 shares at $191.36 ($5.5M) on 2012-02-14, disclosed to the SEC on 2012-02-15.
Seasonal sale ($5.5M) 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 | $191.21 | 1,381 | $264K | 4.8% |
| 2 | $191.22 | 1,300 | $249K | 4.5% |
| 3 | $191.23 | 200 | $38K | 0.7% |
| 4 | $191.24 | 500 | $96K | 1.7% |
| 5 | $191.25 | 200 | $38K | 0.7% |
| 6 | $191.26 | 3,119 |
| $597K |
| 10.9% |
| 7 | $191.27 | 100 | $19K | 0.3% |
| 8 | $191.28 | 850 | $163K | 3.0% |
| 9 | $191.29 | 600 | $115K | 2.1% |
| 10 | $191.30 | 1,910 | $365K | 6.7% |
| 11 | $191.31 | 2,972 | $569K | 10.4% |
| 12 | $191.32 | 1,833 | $351K | 6.4% |
| 13 | $191.33 | 2,694 | $515K | 9.4% |
| 14 | $191.34 | 100 | $19K | 0.3% |
| 15 | $191.35 | 1,956 | $374K | 6.8% |
| 16 | $191.36 | 2,600 | $498K | 9.1% |
| 17 | $191.37 | 2,815 | $539K | 9.8% |
| 18 | $191.38 | 1,505 | $288K | 5.3% |
| 19 | $191.39 | 2,020 | $387K | 7.1% |
| Total | $191.32 avg | 28,655 | $5.5M | 100% |
| Filing → |
| IBM | SELL | 2012-02-15 | $14.1M | — | Filing → |
| IBM | SELL | 2011-08-02 | $4.3M | — | Filing → |
| IBM | SELL | 2011-08-02 | $5.3M | — | Filing → |