Minoru Makihara

Insider

First SEC filing: Sept. 28, 2004 · Latest: Sept. 28, 2004

On this page

Insider at Companies where this person is a reporting insider.
Insider transactions Every share this person bought or sold, from Form 4 filings.
Derivatives Options and other derivative holdings reported by this person.
Initial holdings The stakes this person held when they first started reporting.

Insider at

IBM selling Feb. 28, 2008

Insider transactions

0 buys (P) 0 sells (S) Net: $0 + 20 non-open-market transactions below last 12 months, based on the transactions shown below

Price change vs current quote, split-adjusted for corporate actions since the filing — not benchmarked, not annualized, not size-weighted

20 other filings hidden

Date	Ticker	Code	Shares	Price	Value	Owned after	Δ own	A/D	vs now
April 29, 2008	IBM	A	132	$122.62	$16,186	5,151 Direct	+2.63%	Acquired	101.4% (price as of 2026-08-20)
March 31, 2008	IBM	A	437	$114.60	$50,080	5,019 Direct	+9.54%	Acquired	115.5% (price as of 2026-08-20)
Feb. 28, 2008	IBM	M	4,000	—	—	0 Direct	-100.00%	Disposed	(price as of 2026-08-20)
Feb. 28, 2008	IBM	S	100	$115.29	$11,529	1,000 Direct	-9.09%	Disposed	114.2% (price as of 2026-08-20)
Feb. 28, 2008	IBM	S	500	$115.25	$57,625	1,100 Direct	-31.25%	Disposed	114.3% (price as of 2026-08-20)
Feb. 28, 2008	IBM	S	200	$115.22	$23,044	1,600 Direct	-11.11%	Disposed	114.3% (price as of 2026-08-20)
Feb. 28, 2008	IBM	S	300	$115.16	$34,548	1,800 Direct	-14.29%	Disposed	114.4% (price as of 2026-08-20)
Feb. 28, 2008	IBM	S	900	$115.15	$103,635	2,100 Direct	-30.00%	Disposed	114.4% (price as of 2026-08-20)
Feb. 28, 2008	IBM	S	100	$115.04	$11,504	3,000 Direct	-3.23%	Disposed	114.6% (price as of 2026-08-20)
Feb. 28, 2008	IBM	S	700	$114.95	$80,465	3,100 Direct	-18.42%	Disposed	114.8% (price as of 2026-08-20)
Feb. 28, 2008	IBM	S	400	$114.94	$45,976	3,800 Direct	-9.52%	Disposed	114.8% (price as of 2026-08-20)
Feb. 28, 2008	IBM	S	100	$114.92	$11,492	4,200 Direct	-2.33%	Disposed	114.9% (price as of 2026-08-20)
Feb. 28, 2008	IBM	S	200	$114.90	$22,980	4,300 Direct	-4.44%	Disposed	114.9% (price as of 2026-08-20)
Feb. 28, 2008	IBM	S	100	$114.89	$11,489	4,500 Direct	-2.17%	Disposed	114.9% (price as of 2026-08-20)
Feb. 28, 2008	IBM	S	200	$114.87	$22,974	4,600 Direct	-4.17%	Disposed	115.0% (price as of 2026-08-20)
Feb. 28, 2008	IBM	S	200	$114.85	$22,970	4,800 Direct	-4.00%	Disposed	115.0% (price as of 2026-08-20)
Feb. 28, 2008	IBM	M	4,000	$58.22	$232,880	5,000 Direct	+400.00%	Acquired	324.1% (price as of 2026-08-20)
Dec. 31, 2007	IBM	A	459	$108.96	$50,013	4,567 Direct	+11.17%	Acquired	126.6% (price as of 2026-08-20)
Sept. 30, 2007	IBM	A	425	$117.78	$50,056	4,093 Direct	+11.59%	Acquired	109.6% (price as of 2026-08-20)
June 30, 2007	IBM	A	475	$105.34	$50,036	3,656 Direct	+14.93%	Acquired	134.4% (price as of 2026-08-20)
March 31, 2007	IBM	A	532	$94.16	$50,093	3,169 Direct	+20.17%	Acquired	162.2% (price as of 2026-08-20)
Dec. 31, 2006	IBM	A	257	$97.36	$25,022	2,630 Direct	+10.83%	Acquired	153.6% (price as of 2026-08-20)
Sept. 30, 2006	IBM	A	304	$82.28	$25,013	2,365 Direct	+14.75%	Acquired	200.1% (price as of 2026-08-20)
June 30, 2006	IBM	A	324	$77.36	$25,065	2,054 Direct	+18.73%	Acquired	219.2% (price as of 2026-08-20)
May 1, 2006	IBM	A	4,000	—	—	4,000 Direct	—	Acquired	(price as of 2026-08-20)
March 31, 2006	IBM	A	302	$82.94	$25,048	1,724 Direct	+21.24%	Acquired	197.7% (price as of 2026-08-20)
Dec. 31, 2005	IBM	A	305	$82.02	$25,016	1,419 Direct	+27.38%	Acquired	201.1% (price as of 2026-08-20)
Sept. 30, 2005	IBM	A	312	$80.24	$25,035	1,112 Direct	+39.00%	Acquired	207.7% (price as of 2026-08-20)
June 30, 2005	IBM	A	335	$74.78	$25,051	798 Direct	+72.35%	Acquired	230.2% (price as of 2026-08-20)
May 1, 2005	IBM	A	4,000	—	—	4,000 Direct	—	Acquired	(price as of 2026-08-20)
March 31, 2005	IBM	A	276	$90.81	$25,064	463 Direct	+147.59%	Acquired	171.9% (price as of 2026-08-20)
Dec. 31, 2004	IBM	A	178	$98.70	$17,569	187 Direct	+1977.78%	Acquired	150.2% (price as of 2026-08-20)
Sept. 30, 2004	IBM	A	10	$85.51	$855	10 Direct	—	Acquired	188.8% (price as of 2026-08-20)

P = Open-market purchase · S = Sale · A = Grant/award · M = Option exercise · G = Gift · F = Tax withholding

Insider transactions are not a recommendation; sales are often driven by liquidity or tax reasons.

Derivative holdings (Form 4 Table II)

Options, RSUs and convertible securities reported on Form 4 Table II.

Date	Ticker	Security	Underlying	Exercise price	Expiration	Shares	A/D
April 29, 2008	IBM	Promised Fee Share	Common Stock (132)	—	—	132	Acquired
March 31, 2008	IBM	Promised Fee Share	Common Stock (437)	—	—	437	Acquired
Feb. 28, 2008	IBM	BOD Stock Option (right to buy)	Common Stock (4,000)	$58.22	April 30, 2008	4,000	Disposed
Dec. 31, 2007	IBM	Promised Fee Share	Common Stock (459)	—	—	459	Acquired
Sept. 30, 2007	IBM	Promised Fee Share	Common Stock (425)	—	—	425	Acquired
June 30, 2007	IBM	Promised Fee Share	Common Stock (475)	—	—	475	Acquired
March 31, 2007	IBM	Promised Fee Share	Common Stock (532)	—	—	532	Acquired
Dec. 31, 2006	IBM	Promised Fee Share	Common Stock (257)	—	—	257	Acquired
Sept. 30, 2006	IBM	Promised Fee Share	Common Stock (304)	—	—	304	Acquired
June 30, 2006	IBM	Promised Fee Share	Common Stock (324)	—	—	324	Acquired
May 1, 2006	IBM	BOD Stock Option (right to buy) [F1]	Common Stock (4,000)	$82.70	April 30, 2016	4,000	Acquired
March 31, 2006	IBM	Promised Fee Share	Common Stock (302)	—	—	302	Acquired
Dec. 31, 2005	IBM	Promised Fee Share	Common Stock (305)	—	—	305	Acquired
Sept. 30, 2005	IBM	Promised Fee Share	Common Stock (312)	—	—	312	Acquired
June 30, 2005	IBM	Promised Fee Share	Common Stock (335)	—	—	335	Acquired
May 1, 2005	IBM	BOD Stock Option (right to buy) [F1]	Common Stock (4,000)	$76.48	April 30, 2015	4,000	Acquired
March 31, 2005	IBM	Promised Fee Share	Common Stock (276)	—	—	276	Acquired
Dec. 31, 2004	IBM	Promised Fee Share	Common Stock (178)	—	—	178	Acquired
Sept. 30, 2004	IBM	Promised Fee Share	Common Stock (10)	—	—	10	Acquired

Exercise/conversion price is blank when not applicable (e.g. RSUs).

Initial ownership (Form 3) 6 holdings

Securities held when first becoming an insider, per SEC Form 3.

Date	Ticker	Security	Shares	Ownership
Sept. 28, 2004	IBM	Common Stock	1,000	Direct
Sept. 28, 2004	IBM	BOD Stock Option (right to buy) [F1]→ Common Stock (4,000)	4,000	Direct
Sept. 28, 2004	IBM	BOD Stock Option (right to buy) [F1]→ Common Stock (4,000)	4,000	Direct
Sept. 28, 2004	IBM	BOD Stock Option (right to buy) [F1]→ Common Stock (4,000)	4,000	Direct
Sept. 28, 2004	IBM	BOD Stock Option (right to buy) [F1]→ Common Stock (4,000)	4,000	Direct
Sept. 28, 2004	IBM	BOD Stock Option (right to buy) [F1]→ Common Stock (4,000)	4,000	Direct