How to solve which of the following is a primary market transaction you sell $200$ shares of IBM stock in the NYSE through your broker or you buy $200$ shares of IBM stock to your brother the trade is not made through the broker you just give him cash and he gives you the stockissues $200,000$ shares of stock and sells them to the public through an investment banker one financial institution buys $200,000$ years of IBM stock through another institution and investment broker arranges the transaction or IBM sells $200,000$ shares of treasury stock to its employees in the exercise options that were granted in prior years.