IBM CLUSTER SEC Filing Analysis

Final — all horizons settled through T+60d ⚠ clustered

IBM ▼ -5.29% at T+60d

LONG call ✗ call lost -5.29% · α vs SPY -12.24% · entry $237.56 → $225.00

Currently $272.24 · +14.60% from $237.56 entry

Entry anchored
Feb 24, 04:51 PM ET
via Databento tick

T+1d

+1.84%

call +1.84% · α +2.39%

$241.94

settled 4mo ago

T+5d

+5.15%

call +5.15% · α +6.25%

$249.80

settled 3mo ago

T+20d

+1.55%

call +1.55% · α +6.79%

$241.24

settled 3mo ago

T+60d

-5.29%

call -5.29% · α -12.24%

$225.00

settled 24d ago

Price Chart

Loading chart...

Executive Summary

Two IBM insiders made open-market purchases on the same day, acquiring a combined $113,155 worth of stock. Both transactions were direct buys at market prices, with Miebach Michael — likely a senior executive — accounting for the majority of the activity.

Key Financial Metrics

Direction

buying

Total Value

$113.2K

Insiders

2

Actionable Insight

The simultaneous open-market purchases by two insiders, including a likely C-suite executive, suggest confidence in IBM's near-term prospects. Traders should watch for follow-on buying and any upcoming catalysts such as earnings or strategic updates.

Key Facts

Miebach Michael purchased 434 shares at $233.33, totaling $101,264 in open-market buying.
Michelle J. Howard purchased 50 shares at $237.83, totaling $11,891 in open-market buying.
Both transactions occurred on 2026-02-25, indicating coordinated timing.
All transactions were open-market purchases (Form 4 code 'P'), not automatic or non-cash events.

Financial Impact

Total insider buying: $113,155 over 7 days, all in open-market purchases.

insider sentimentmarket confidence

Risk Factors

The total dollar amount is relatively small in the context of IBM's market cap.
No other insiders have participated, limiting the breadth of the signal.

Market Snapshot

Exchange

NYSE

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

Document	Accession Number
CONTEXT: Insider Cluster Data (2 trades, 7d window)	cluster-IBM-1772109081033

8 reports for IBM

T+1T+5T+20T+60

Track record builds as more directional reports settle.

Filters

Reports for IBM — sortable, filterable
	Type				Now
Jun 11, 2026 1d ago	Institutional Cluster NEUTRAL ★ 3/10	$274.65 awaiting T+5	awaiting T+5	—	$272.24 (−0.88%)
May 28, 2026 16d ago	8-K NEUTRAL ★ 4/10	$264.17 $301.56	▲ +14.15%	▲ +13.84%	$272.24 (+3.06%)
May 1, 2026 6w ago	8-K NEUTRAL ★ 3/10	$229.48 $223.46	▼ −2.62%	▼ −5.56%	$272.24 (+18.63%)
Apr 22, 2026 7w ago	8-K BULLISH ★ 7/10	$230.34 $227.10	▼ −1.41%	▼ −2.88%	$272.24 (+18.19%)
Apr 8, 2026 9w ago	DEFA14A NEUTRAL ★ 3/10	$236.93 $251.00	▲ +5.94%	▲ +2.75%	$272.24 (+14.90%)
Mar 10, 2026 13w ago	DEFA14A NEUTRAL ★ 2/10	$248.73 $251.21	▲ +1.00%	▲ +3.19%	$272.24 (+9.45%)
Feb 25, 2026 15w ago	Insider Cluster BULLISH ★ 6/10	$237.56 $249.80	▲ +5.15%	▲ +6.25%	$272.24 (+14.60%)
Feb 25, 2026 15w ago	Insider Cluster BULLISH ★ 6/10	$237.56 $249.80	▲ +5.15%	▲ +6.25%	$272.24 (+14.60%)

US Market Status

Market Closed — Opens Mon (49h 30m)

Get Real-Time SEC Filing Intelligence

Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.

Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access