secwatch / observer

INTERNATIONAL BUSINESS MACHINES CORP — fact timeline

Source-grounded facts extracted from INTERNATIONAL BUSINESS MACHINES CORP's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

IBM INTERNATIONAL BUSINESS MACHINES CORP JSON
Shareholder Votes

INTERNATIONAL BUSINESS MACHINES CORP shareholders rejected Stockholder Proposal Requesting a Report on Discrimination in Charitable Support at the 2026-04-28 meeting.

“Stockholder Proposal Requesting a Report on Discrimination in Charitable Support: For 12,738,223 2.2 % Against 567,012,840 97.8 % Abstain 10,795,155 Broker Non-Votes 153,795,179”
Shareholder Votes

INTERNATIONAL BUSINESS MACHINES CORP shareholders rejected Stockholder Proposal Requesting a Report on AI Bias at the 2026-04-28 meeting.

“Stockholder Proposal Requesting a Report on AI Bias: For 14,185,799 2.4 % Against 565,479,507 97.6 % Abstain 10,880,912 Broker Non-Votes 153,795,179”
Shareholder Votes

INTERNATIONAL BUSINESS MACHINES CORP shareholders rejected Stockholder Proposal Requesting a Right to Act by Written Consent at the 2026-04-28 meeting.

“Stockholder Proposal Requesting a Right to Act by Written Consent: For 217,600,186 37.3 % Against 366,073,636 62.7 % Abstain 6,872,396 Broker Non-Votes 153,795,179”
Shareholder Votes

INTERNATIONAL BUSINESS MACHINES CORP shareholders rejected Stockholder Proposal Requesting a Change to IBM’s Outside Director Stock Ownership Guidelines at the 2026-04-28 meeting.

“Stockholder Proposal Requesting a Change to IBM’s Outside Director Stock Ownership Guidelines: For 25,236,592 4.4 % Against 554,331,295 95.6 % Abstain 10,978,331 Broker Non-Votes 153,795,179”
Shareholder Votes

INTERNATIONAL BUSINESS MACHINES CORP shareholders approved Management Proposal on 2026 Long-Term Performance Plan at the 2026-04-28 meeting.

“Management Proposal on 2026 Long-Term Performance Plan: For 443,997,153 75.8 % Against 141,393,340 24.2 % Abstain 5,155,725 Broker Non-Votes 153,795,179”
Shareholder Votes

INTERNATIONAL BUSINESS MACHINES CORP shareholders approved Management Proposal on Advisory Vote on Executive Compensation (Say on Pay) at the 2026-04-28 meeting.

“Management Proposal on Advisory Vote on Executive Compensation (Say on Pay): For 549,921,108 94.2 % Against 33,951,059 5.8 % Abstain 6,674,051 Broker Non-Votes 153,795,179”
Shareholder Votes

INTERNATIONAL BUSINESS MACHINES CORP shareholders approved Ratification of Appointment of Independent Registered Public Accounting Firm at the 2026-04-28 meeting.

“Ratification of Appointment of Independent Registered Public Accounting Firm: For 696,575,072 94.0 % Against 44,126,730 6.0 % Abstain 3,639,595”
Shareholder Votes

INTERNATIONAL BUSINESS MACHINES CORP shareholders approved Election of Directors for a Term of One Year at the 2026-04-28 meeting.

“Election of Directors for a Term of One Year: DIRECTOR FOR AGAINST ABSTAIN BROKER NON-VOTES M.C. Brown 566,629,438 20,614,934 3,301,846 153,795,179 T. Buberl 571,971,421 15,580,499 2,994,298 153,795,179 D.N. Farr 563,836,707 23,572,343 3,137,168 153,795,179 A. Gorsky 576,449,340 11,120,322 2,976,556 153,795,179 M.J. Howard 581,408,345 6,354,053 2,783,820 153,795,179 A. Krishna 550,735,370 37,035,145 2,775,703 153,795,179 R. Laguarta 576,049,534 11,492,843 3,003,841 153,795,179 A.N. Liveris 509,517,363 77,131,225 3,897,630 153,795,179 F.W. McNabb III 579,894,423 7,619,457 3,032,338 153,795,179 M. Miebach 580,393,883 7,148,217 3,004,118 153,795,179 M.E. Pollack 581,101,903 6,775,731 2,668,584 153,795,179 P.R. Voser 567,427,048 20,099,791 3,019,379 153,795,179 A.W. Zollar 565,396,048 21,774,303 3,375,867 153,795,179”
Governance Changes

INTERNATIONAL BUSINESS MACHINES CORP: Decreased number of directors to thirteen following resignation of Frederick H. Waddell from the Board (effective 2026-04-28).

“Article III, Section 2 of the Company’s By-Laws was amended to decrease the number of directors to thirteen, effective April 28, 2026.”
Earnings Releases

INTERNATIONAL BUSINESS MACHINES CORP updated its the period ended March 31, 2026 guidance (reaffirmed).

“The registrant’s press release dated April 22, 2026, regarding its financial results for the period ended March 31, 2026, including consolidated financial statements for the period ended March 31, 2026, is Exhibit 99.1 of this Form 8-K.”
Governance Changes

INTERNATIONAL BUSINESS MACHINES CORP: Increased number of directors from thirteen to fourteen following election of Ramon Laguarta (effective 2026-03-01).

“Article III, Section 2 of IBM's By-laws was amended to increase the number of directors to fourteen, effective March 1, 2026.”
Shareholder Votes

INTERNATIONAL BUSINESS MACHINES CORP shareholders rejected Stockholder Proposal Requesting the Adoption of Greenhouse Gas Emissions Targets at the 2024-04-30 meeting.

“Stockholder Proposal Requesting the Adoption of Greenhouse Gas Emissions Targets: For 167,713,913 30.8 % Against 377,376,761 69.2 % Abstain 9,222,743 Broker Non-Votes 165,621,179”
Shareholder Votes

INTERNATIONAL BUSINESS MACHINES CORP shareholders rejected Stockholder Proposal Requesting a Public Report on Climate Lobbying at the 2024-04-30 meeting.

“Stockholder Proposal Requesting a Public Report on Climate Lobbying: For 173,018,418 31.8 % Against 371,271,580 68.2 % Abstain 10,023,419 Broker Non-Votes 165,621,179”
Shareholder Votes

INTERNATIONAL BUSINESS MACHINES CORP shareholders rejected Stockholder Proposal Requesting a Right to Act by Written Consent at the 2024-04-30 meeting.

“Stockholder Proposal Requesting a Right to Act by Written Consent: For 234,933,934 43.0 % Against 311,348,314 57.0 % Abstain 8,031,169 Broker Non-Votes 165,621,179”
Shareholder Votes

INTERNATIONAL BUSINESS MACHINES CORP shareholders rejected Stockholder Proposal Requesting a Public Report on Congruency in China Business Operations and ESG Activities at the 2024-04-30 meeting.

“Stockholder Proposal Requesting a Public Report on Congruency in China Business Operations and ESG Activities: For 30,503,524 5.6 % Against 510,744,179 94.4 % Abstain 13,065,714 Broker Non-Votes 165,621,179”
Shareholder Votes

INTERNATIONAL BUSINESS MACHINES CORP shareholders rejected Stockholder Proposal Requesting a Public Report on Lobbying Activities at the 2024-04-30 meeting.

“Stockholder Proposal Requesting a Public Report on Lobbying Activities: For 205,744,327 37.7 % Against 339,591,652 62.3 % Abstain 8,977,438 Broker Non-Votes 165,621,179”
Shareholder Votes

INTERNATIONAL BUSINESS MACHINES CORP shareholders approved Management Proposal on Advisory Vote on Executive Compensation (Say on Pay) at the 2024-04-30 meeting.

“Management Proposal on Advisory Vote on Executive Compensation (Say on Pay): For 505,017,498 92.2 % Against 42,956,786 7.8 % Abstain 6,339,133 Broker Non-Votes 165,621,179”
Shareholder Votes

INTERNATIONAL BUSINESS MACHINES CORP shareholders approved Ratification of Appointment of Independent Registered Public Accounting Firm at the 2024-04-30 meeting.

“Ratification of Appointment of Independent Registered Public Accounting Firm: For 673,156,721 94.0 % Against 43,097,322 6.0 % Abstain 3,680,553”
Shareholder Votes

INTERNATIONAL BUSINESS MACHINES CORP shareholders approved Election of Directors for a Term of One Year at the 2024-04-30 meeting.

“ELECTION OF DIRECTORS FOR A TERM OF ONE YEAR:”
Earnings Releases

INTERNATIONAL BUSINESS MACHINES CORP reported first-quarter 2024 results: revenue $14.5 billion, net income $1.6 billion, EPS $1.69. Guidance reaffirmed.

“by the end of 2024, subject to approval by HashiCorp shareholders, regulatory approvals and other customary closing conditions . First-Quarter Highlights • Revenue – Revenue of $14.5 billion, up 1 percent, up 3 percent at constant currency – Software revenue up 5 percent, up 6 percent at constant currency – Consulting revenue flat, up 2 percent at constant currency –”

Michelle H. Browdy retired as Senior Vice President, Legal and Regulatory Affairs, and General Counsel at INTERNATIONAL BUSINESS MACHINES CORP.

“nuary 29, 2024, Michelle H. Browdy has decided to retire from her role as Senior Vice President, Legal and Regulatory Affairs, and General Counsel, by the end of the year, after 10 years in the role.”
Earnings Releases

INTERNATIONAL BUSINESS MACHINES CORP reported fiscal year ended December 31, 2023 results: revenue $61.9 billion, net income $7.5 billion, EPS $8.15.

“60.1 percent, up 1.4 points – Pre-Tax Income Margin: GAAP: 21.6 percent, up 1.8 points; Operating (Non-GAAP): 24.0 percent, up 1.1 points Full-Year Highlights • Revenue of $61.9 billion, up 2 percent, up 3 percent at constant currency – Software revenue up 5 percent – Consulting revenue up 5 percent, up 6 percent at constant currency – Infrastructure revenue”
Earnings Releases

INTERNATIONAL BUSINESS MACHINES CORP reported quarter ended December 31, 2023 / fourth-quarter 2023 results: revenue $17.4 billion, net income $3.3 billion, EPS $3.54.

“for 2024 we expect revenue performance in line with our mid-single digit model and about $12 billion in free cash flow.” Fourth-Quarter Highlights • Revenue – Revenue of $17.4 billion, up 4 percent, up 3 percent at constant currency – Software revenue up 3 percent, up 2 percent at constant currency – Consulting revenue up 6 percent, up 5 percent at constant”
Governance Changes

INTERNATIONAL BUSINESS MACHINES CORP: Article III, Section 2 of IBM's By-laws was amended to increase the number of directors to fourteen, effective December 12, 2023, in connection with the election of Marianne C. Brown to the board (effective 2023-12-12).

“Item 5.03(a) Amendment to Bylaws. In connection with the election of Marianne C. Brown to the IBM Board of Directors, effective December 12, 2023, Article III, Section 2 of IBM’s By-laws was amended to increase the number of directors to fourteen, effective December 12, 2023.”

Marianne C. Brown was elected as Director at INTERNATIONAL BUSINESS MACHINES CORP.

“On December 12, 2023, IBM announced that Marianne C. Brown, the former Chief Operating Officer of Fidelity National Information Services, Inc.’s (FIS) Global Financial Solutions, has been elected to the IBM Board of Directors, effective December 12, 2023.”
Earnings Releases

INTERNATIONAL BUSINESS MACHINES CORP reported financial results for the period ended September 30, 2023.

“The registrant's press release dated October 25, 2023 , regarding its financial results for the period ended September 30, 2023, including consolidated financial statements for the period ended September 30, 2023, is Exhibit 99.1 of this Form 8-K.”

Michael Miebach was elected as Director at INTERNATIONAL BUSINESS MACHINES CORP.

“On July 31, 2023, IBM announced that Michael Miebach, Chief Executive Officer of Mastercard Incorporated, has been elected to the IBM Board of Directors, effective October 30, 2023.”
Earnings Releases

INTERNATIONAL BUSINESS MACHINES CORP reported second quarter of 2023 results: revenue $15.5 billion, net income $1.6 billion, EPS $1.72. Guidance reaffirmed.

“watsonx AI platform. Finally, we remain confident in our revenue and free cash flow growth expectations for the full year.” Second-Quarter Highlights • Revenue – Revenue of $15.5 billion, down 0.4 percent, up 0.4 percent at constant currency – Software revenue up 7 percent, up 8 percent at constant currency – Consulting revenue up 4 percent, up 6 percent at”
Material Agreements

INTERNATIONAL BUSINESS MACHINES CORP amended Existing Five-Year Credit Agreement with the several banks and other financial institutions from time to time parties thereto, JPMorgan Chase Bank, N.A., as Administrative Agent, BNP Paribas, Citibank N.A. and Royal Bank of Canada, as Syndication Agents, and the Documentation Agents named therein (effective 2023-06-15).

“(ii) extended the maturity of the existing $7.5 billion Five-Year Credit Agreement dated as of June 22, 2021 (as amended by Amendment No. 1 to Five-Year Credit Agreement, dated as of June 30, 2022, the “Existing Five-Year Credit Agreement”)”
Material Agreements

INTERNATIONAL BUSINESS MACHINES CORP amended Existing Three-Year Credit Agreement with the several banks and other financial institutions from time to time parties thereto, JPMorgan Chase Bank, N.A., as Administrative Agent, BNP Paribas, Citibank N.A. and Royal Bank of Canada, as Syndication Agents, and the Documentation Agents named therein (effective 2023-06-15).

“On June 15, 2023, International Business Machines Corporation (“IBM”) (i) extended the maturity of the existing $2.5 billion Three-Year Credit Agreement dated as of June 22, 2021 (as amended by Amendment No. 1 to Three-Year Credit Agreement, dated as of June 30, 2022, the “Existing Three-Year Credit Agreement”)”
Earnings Releases

INTERNATIONAL BUSINESS MACHINES CORP reported first-quarter 2023 results: revenue $14.3 billion, net income $0.9B, EPS $1.02. Guidance reaffirmed.

“executive officer. "This gives us confidence in our current growth expectations for revenue and free cash flow for the year. ” First-Quarter Highlights ● Revenue − Revenue of $14.3 billion, up 0.4 percent, up 4.4 percent at constant currency − Software revenue up 3 percent, up 6 percent at constant currency − Consulting revenue up 3 percent, up 8 percent at”

Tom Rosamilia departed as Senior Vice President at INTERNATIONAL BUSINESS MACHINES CORP.

“** As previously disclosed by the Company, Mr. Rosamilia, Senior Vice President, will retire from the Company by June 30, 2023.”
Earnings Releases

INTERNATIONAL BUSINESS MACHINES CORP updated its Full-Year 2023 guidance (reaffirmed).

“The company expects constant currency revenue growth consistent with its mid-single digit model and about $10.5 billion in consolidated free cash flow, up more than $1 billion year to year”
Earnings Releases

INTERNATIONAL BUSINESS MACHINES CORP reported Full-Year 2022 results: revenue $60.5 billion, net income $1.8 billion, EPS $1.95.

“− Consulting revenue up 0.5 percent, up 9 percent at constant currency − Infrastructure revenue up 2 percent, up 7 percent at constant currency Full-Year Highlights ● Revenue of $60.5 billion, up 6 percent, up 12 percent at constant currency (about 4 points from sales to Kyndryl) − Hybrid cloud revenue of $22.4 billion, up 11 percent, up 17 percent at constant”
Earnings Releases

INTERNATIONAL BUSINESS MACHINES CORP reported Fourth Quarter 2022 results: revenue $16.7 billion, net income $2.9 billion, EPS $3.13.

“and chief executive officer. "Looking ahead to 2023, we expect full-year revenue growth consistent with our mid-single digit model. ” Fourth-Quarter Highlights ● Revenue of $16.7 billion, flat, up 6 percent at constant currency − Software revenue up 3 percent, up 8 percent at constant currency − Consulting revenue up 0.5 percent, up 9 percent at constant currency”

Nicolas A. Fehring was appointed as Vice President and Controller at INTERNATIONAL BUSINESS MACHINES CORP.

“Effective January 30, 2023, Nicolas A. Fehring, 44, will become Vice President and Controller.”

Robert F. Del Bene changed role as Vice President and Controller at INTERNATIONAL BUSINESS MACHINES CORP.

“On January 5, 2023, IBM announced that Robert F. Del Bene, Vice President and Controller will assume a new position as General Manager, IBM Technology Lifecycle Services, effective January 30, 2023.”

Thomas W. Rosamilia retired as Senior Vice President, IBM Software at INTERNATIONAL BUSINESS MACHINES CORP.

“On January 2, 2023, Thomas W. Rosamilia, Senior Vice President, IBM Software, decided to retire from the Company by June 30, 2023”

Al Zollar was elected as director at INTERNATIONAL BUSINESS MACHINES CORP.

“On September 30, 2021, IBM announced that Al Zollar, former director of Red Hat, has been elected to the IBM Board of Directors, effective October 25, 2021.”

James M. Whitehurst departed as President at INTERNATIONAL BUSINESS MACHINES CORP.

“Effective July 1, 2021, James M. Whitehurst has decided to step down as IBM President and will no longer serve as an officer of IBM.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.