Which of the following is a primary market transaction?

Group of answer choices

You sell $200$ shares of IBM stock on the NYSE through your broker.

You buy $200$ shares of IBM stock from your brother. The trade is not made through a broker$-$you just give him cash and he gives you the stock.

IBM issues $2,000,000$ shares of new stock and sells them to the public

One financial institution buys $200,000$ shares of IBM stock from another institution. An investment banker arranges the transaction.

IBM sells $2,000,000$ to its employees when they exercise options granted in prior years.