IBM Files Definitive Proxy Statement

TL;DR

IBM just dropped its proxy statement for shareholders. Vote wisely.

AI Summary

International Business Machines Corp. (IBM) filed a Definitive Proxy Statement (DEFA14A) on April 1, 2025. This filing is a standard proxy statement used to solicit votes from shareholders for an upcoming meeting. It details information relevant to shareholders, such as proposals to be voted on, director nominations, and executive compensation.

Why It Matters

This filing is crucial for IBM shareholders as it outlines the agenda and proposals for the upcoming shareholder meeting, allowing them to make informed voting decisions.

Risk Assessment

Risk Level: low — This is a routine regulatory filing (DEFA14A) and does not contain new financial information or strategic changes that would inherently increase risk.

Key Players & Entities

• INTERNATIONAL BUSINESS MACHINES CORP (company) — Registrant
• 0000051143 (company) — Central Index Key
• NY (company) — State of Incorporation
• 10504 (company) — Zip Code
• 9144991900 (company) — Business Phone

FAQ

From the Filing

0001104659-25-030660.txt : 20250401 0001104659-25-030660.hdr.sgml : 20250401 20250401172729 ACCESSION NUMBER: 0001104659-25-030660 CONFORMED SUBMISSION TYPE: DEFA14A PUBLIC DOCUMENT COUNT: 7 FILED AS OF DATE: 20250401 DATE AS OF CHANGE: 20250401 FILER: COMPANY DATA: COMPANY CONFORMED NAME: INTERNATIONAL BUSINESS MACHINES CORP CENTRAL INDEX KEY: 0000051143 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER & OFFICE EQUIPMENT [3570] ORGANIZATION NAME: 06 Technology EIN: 130871985 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEFA14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-02360 FILM NUMBER: 25801064 BUSINESS ADDRESS: STREET 1: 1 NEW ORCHARD ROAD CITY: ARMONK STATE: NY ZIP: 10504 BUSINESS PHONE: 9144991900 MAIL ADDRESS: STREET 1: 1 NEW ORCHARD RD CITY: ARMONK STATE: NY ZIP: 10504 DEFA14A 1 tm259427d2_defa14a.htm DEFA14A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No.    ) Filed by the Registrant x Filed by a Party other than the Registrant ¨ Check the appropriate box: ¨ Preliminary Proxy Statement ¨ Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) ¨ Definitive Proxy Statement x Definitive Additional Materials ¨ Soliciting Material under §240.14a-12 International Business Machines Corporation (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check the appropriate box): x No fee required. ¨ Fee paid previously with preliminary materials. ¨ Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a6(i)(1) and 0-11 Persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. April 2025 Dear IBM Stockholder, As the independent Lead Director and the Chairs of the Committees of the IBM Board of Directors, we want to thank you for your support and your investment and trust in IBM. In 2024, the Company continued its journey to achieve speed, innovation in AI and hybrid cloud, and technical excellence. We are writing to share a few thoughts on the Board’s role in driving long-term stockholder value. Trust and Transparency We are aware of the profound impact that technologies like AI have on business and society and that IBM bears significant responsibility to develop technologies ethically and to deploy them with trust and transparency. IBM is committed to developing policies and practices that prioritize ethics, trust, transparency and accountability and will continue to contribute to global efforts that shape standards and best practices for current and emerging technology, such as AI. Your Board is actively engaged in overseeing the Company’s efforts in these areas and providing disclosure of our progress. Committed, Responsive Board We have a robust stockholder engagement program that includes participation by the Lead Director, as well as the Chairman and CEO and other members of senior management. Stockholder feedback from engagement efforts is shared with the Board and helps to inform the Board’s decisions and the Company’s policies, practices, and disclosures. In addition, the Company’s management regularly reports to the Board about the various business and market risks identified through IBM’s comprehensive annual risk review to give visibility to the most salient risks facing the Company, the impact those risks may have and the Company’s strategy to mitigate and manage them. We hope to receive your support on all of the Board’s recommendations in IBM’s 2025 Proxy Statement. Sincerely, Alex Gorsky Peter R. Voser IBM’s Lead Director Chair of IBM’s Audit Committee Andrew N. Liveris Fre