IBM Files 8-K on Security Holder Votes and Debt
Ticker: IBM · Form: 8-K · Filed: May 3, 2024 · CIK: 51143
| Field | Detail |
|---|---|
| Company | International Business Machines Corp (IBM) |
| Form Type | 8-K |
| Filed Date | May 3, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: governance, debt
Related Tickers: IBM
TL;DR
IBM filed an 8-K detailing votes and various debt notes, including 1.125% due 2024.
AI Summary
On April 30, 2024, International Business Machines Corp. (IBM) filed an 8-K to report on the submission of matters to a vote of security holders. The filing details various debt instruments, including notes with different interest rates and maturity dates, such as the 1.125% notes due 2024 and 3.375% notes due 2027. This filing is primarily procedural and does not disclose new financial performance figures.
Why It Matters
This filing indicates routine corporate governance activities and provides an update on IBM's outstanding debt obligations, which are crucial for understanding the company's financial structure.
Risk Assessment
Risk Level: low — The filing is procedural and relates to corporate governance and existing debt, not new material events or financial performance changes.
Key Players & Entities
- INTERNATIONAL BUSINESS MACHINES CORP (company) — Filer
- IBM (company) — Company Name Abbreviation
- 0000051143 (company) — Central Index Key
- 1.125% notes due 2024 (dollar_amount) — Debt Instrument
- 3.375% notes due 2027 (dollar_amount) — Debt Instrument
FAQ
What is the primary purpose of this 8-K filing for IBM?
The primary purpose of this 8-K filing is to report on the submission of matters to a vote of security holders.
What specific debt instruments are mentioned in the filing?
The filing mentions various debt instruments including 1.125% notes due 2024, 2.875% notes due 2025, 0.950% notes due 2025, 0.875% notes due 2025, 0.300% notes due 2026, 1.250% notes due 2027, 3.375% notes due 2027, 0.300% notes due 2028, 1.750% notes due 2028, 1.500% notes due 2029, and 0.875% notes.
What is IBM's fiscal year end?
IBM's fiscal year end is December 31.
What is IBM's business address?
IBM's business address is 1 New Orchard Road, Armonk, NY 10504.
On what date was this 8-K filing submitted?
This 8-K filing was submitted on May 3, 2024.
Filing Stats: 961 words · 4 min read · ~3 pages · Grade level 6.6 · Accepted 2024-05-03 16:53:29
Filing Documents
- tm2413362d1_8k.htm (8-K) — 139KB
- 0001104659-24-057038.txt ( ) — 506KB
- ibm-20240430.xsd (EX-101.SCH) — 8KB
- ibm-20240430_def.xml (EX-101.DEF) — 37KB
- ibm-20240430_lab.xml (EX-101.LAB) — 51KB
- ibm-20240430_pre.xml (EX-101.PRE) — 35KB
- tm2413362d1_8k_htm.xml (XML) — 34KB
07. Submission of Matters to a Vote of Security Holders
Item 5.07. Submission of Matters to a Vote of Security Holders. (a) International Business Machines Corporation (IBM) held its Annual Meeting of Stockholders on April 30, 2024. Below are the final voting results. For more information on the following proposals, see IBM's proxy statement dated March 11, 2024, the relevant portions of which are incorporated herein by reference. (b) Election of Directors for a Term of One Year: DIRECTOR FOR AGAINST ABSTAIN BROKER NON-VOTES M.C. Brown 542,971,427 7,878,691 3,463,299 165,621,179 T. Buberl 536,108,047 14,319,692 3,885,678 165,621,179 D.N. Farr 532,188,815 18,329,393 3,795,209 165,621,179 A. Gorsky 542,777,797 7,731,322 3,804,298 165,621,179 M.J. Howard 544,196,265 6,719,352 3,397,800 165,621,179 A. Krishna 513,846,719 34,373,860 6,092,838 165,621,179 A.N. Liveris 433,649,408 116,186,070 4,477,939 165,621,179 F.W. McNabb III 543,002,496 7,545,854 3,765,067 165,621,179 M. Miebach 540,993,427 9,440,412 3,879,578 165,621,179 M.E. Pollack 537,341,479 13,470,243 3,501,695 165,621,179 P.R. Voser 532,406,428 18,008,989 3,898,000 165,621,179 F.H. Waddell 526,757,582 23,591,352 3,964,483 165,621,179 A.W. Zollar 520,108,521 30,430,174 3,774,722 165,621,179 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 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 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 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 % Abstai