Samuel J. Palmisano, Chairman of the Board at INTERNATIONAL BUSINESS MACHINES CORP (IBM), sold 73,802 shares at $191.57 ($14.1M) on 2012-02-14, disclosed to the SEC on 2012-02-15.
Seasonal sale ($14.1M) 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 | $191.40 | 6,120 | $1.2M | 8.3% |
| 2 | $191.41 | 10,675 | $2.0M | 14.5% |
| 3 | $191.42 | 2,159 | $413K | 2.9% |
| 4 | $191.43 | 2,945 | $564K | 4.0% |
| 5 | $191.44 | 4,060 | $777K | 5.5% |
| 6 | $191.45 | 6,155 |
| $1.2M |
| 8.3% |
| 7 | $191.46 | 8,042 | $1.5M | 10.9% |
| 8 | $191.47 | 3,851 | $737K | 5.2% |
| 9 | $191.48 | 1,844 | $353K | 2.5% |
| 10 | $191.49 | 3,223 | $617K | 4.4% |
| 11 | $191.50 | 4,550 | $871K | 6.2% |
| 12 | $191.51 | 1,100 | $211K | 1.5% |
| 13 | $191.52 | 3,653 | $700K | 5.0% |
| 14 | $191.53 | 2,678 | $513K | 3.6% |
| 15 | $191.54 | 1,900 | $364K | 2.6% |
| 16 | $191.55 | 5,428 | $1.0M | 7.4% |
| 17 | $191.56 | 2,420 | $464K | 3.3% |
| 18 | $191.57 | 1,299 | $249K | 1.8% |
| 19 | $191.58 | 200 | $38K | 0.3% |
| 20 | $191.59 | 1,500 | $287K | 2.0% |
| Total | $191.47 avg | 73,802 | $14.1M | 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 → |