ARMONK, NY — Timothy Shaughnessy sold 20,562 shares of International Business Machines Corp stock, or $3,980,803 worth, as noted in an SEC Filing today. As reported in the filing, the transactions occurred on February 17, 2012.

After the transaction, Timothy Shaughnessy's stake was reported as 13,168 shares of International Business Machines Corp stock (a 60% decrease from before the transaction took place). Timothy Shaughnessy's title was listed as "Senior Vice President" at International Business Machines Corp within the filing.

As noted on February 21, 2012, Timothy Shaughnessy's sale was done directly over 1 transaction on February 17, 2012. The share price for the transaction was $193.6 according to the regulatory filing detailing the trade.

If we look over the past 12 months, Timothy Shaughnessy has sold a total of 38,620 shares of International Business Machines Corp, proceeds from the sale totaled $7,277,929. Over the same time period, Timothy Shaughnessy has purchased no shares of International Business Machines Corp stock. Timothy Shaughnessy has also performed other transactions including grants or awards , payment of tax liabilites , and exercise of options .

Let's take a quick, high-level look at insider trading at International Business Machines Corp over the past 12 months. A total of 1,133,937 shares of International Business Machines Corp stock was sold by insiders, totaling $209,881,885. Over the same time 12 month time period, no shares of International Business Machines Corp were purchased by company insiders.

To view the complete SEC Filing: International Business Machines Corp 4 (Insider Trading) SEC Filing