8-K ·Filed Oct 1, 2026
8-K context-dependent: Items 5.02
Actionable Insight • Neutral
Monitor for any future strategic initiatives or M&A activity that may be influenced by Baker's private equity background, but this appointment alone is not a trading catalyst.
How the stock moved after the report
⚠ Clustered NEUTRAL VIEWSTOCK ABOVE ENTRY AT T+20Entry
$222.64
T+0 close · Oct 2, 2026 · via day close
Latest settled
+15.80%
T+20 · $257.81 · next T+60 in 8w
vs SPY
+17.61%
α at T+20
Latest observation
+11.77%
T+21 · FF3 residual α
- T+0 · Oct 2 $222.64entry
- T+1 · 4w ago −0.48%α −1.15% · $221.58
- T+5 · 27d ago +2.02%α +0.86% · $227.13
- T+20 · 6d ago +15.80%α +17.61% · $257.81
- T+23 · todayOpen
- T+60 · in 8w Pending
Price Chart
REPLAYWatch the reaction play outLoading chart...
How similar events traded
Executive Summary
IBM elected Frank Baker, co-founder and managing partner of Siris Capital Group, to its board of directors, effective October 1, 2026, and amended its bylaws to increase the board size to fourteen. This is a routine board appointment with no material financial impact.
Key Facts
- Frank Baker elected to IBM board effective October 1, 2026
- Baker is co-founder and managing partner of Siris Capital Group, a PE firm that has deployed over $9 billion in equity capital
- Baker joined the Directors and Corporate Governance Committee
- Board size increased from 13 to 14 directors via bylaw amendment
- No CEO/CFO departure or unexpected executive change
Financial Impact
No financial impact from this board appointment or bylaw amendment
Risk Factors
- No material risks identified from this routine governance change
Investment Themes
Industrials & Manufacturing
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0000051143-26-000086 |
| Exhibit: ex991pressreleasedatedocto.htm | 0000051143-26-000086 |
| Document: ibm-20261001.htm | 0000051143-26-000086 |
| Document: 0000051143-26-000086-index-headers.html | 0000051143-26-000086 |
| Document: 0000051143-26-000086-index.html | 0000051143-26-000086 |
| Document: 0000051143-26-000086.txt | 0000051143-26-000086 |
26 reports for IBM
80% Hit rate @ T+5 Went positive at some point 5 of 5 best @ T+5▲ +6.01%
Filters
Rows
| Type | Now | ||||
|---|---|---|---|---|---|
Nov 2, 2026 2d ago | 25-NSE | $252.51 | awaiting T+5 | awaiting T+5 | $250.04 (−0.98%) |
Oct 28, 2026 7d ago | Institutional Cluster | $253.22 $254.32 | ▲ +0.43% | ▲ +1.15% | $250.04 (−1.26%) |
Oct 21, 2026 14d ago | 8-K | No price | awaiting T+5 | awaiting T+5 | No price |
Oct 21, 2026 14d ago | Press Release | $252.11 $258.28 | ▲ +2.45% | ▲ +1.74% | $250.04 (−0.82%) |
Oct 20, 2026 16d ago | Court Ruling | $251.46 $250.25 | ▼ −0.48% | ▼ −0.04% | $250.04 (−0.56%) |
Oct 8, 2026 28d ago | 3 | $227.13 $232.14 | ▲ +2.21% | ▲ +4.17% | $250.04 (+10.09%) |
Oct 1, 2026 5w ago | 8-K | $222.64 $227.13 | ▲ +2.02% | ▲ +0.86% | $250.04 (+12.31%) |
Sep 30, 2026 5w ago | Court Ruling | $225.62 $226.61 | ▲ +0.44% | ▼ −0.86% | $250.04 (+10.82%) |
Sep 28, 2026 5w ago | GOVT-CONTRACT | $219.99 $221.29 | ▲ +0.59% | ▼ −1.36% | $250.04 (+13.66%) |
Sep 11, 2026 7w ago | GOVT-CONTRACT | $249.09 $231.93 | ▼ −6.89% | ▼ −8.55% | $250.04 (+0.38%) |
Showing 10 of 26
US Market Status
Market Closed · Opens Fri (13h 19m)
Subscribe to SecBot
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.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers