IRM insider Mark Kidd disposes 6,000 shares under 10b5-1 plan
Rhea-AI Filing Summary
Mark Kidd, an officer and director at Iron Mountain Inc. (IRM), reported a sale of 6,000 shares of the company's common stock on 10/01/2025 at a price of $101.63 per share. The Form 4 shows the sale was executed under a pre-established Rule 10b5-1 trading plan adopted on March 20, 2025. After the transaction, the reporting person beneficially owned 73,081 shares, held directly. The filing was signed under power of attorney on 10/03/2025. The form contains no derivative transactions or additional amendments.
Positive
- Sale executed under a Rule 10b5-1 plan, indicating a pre-planned transaction
- Post-sale ownership disclosed: 73,081 shares, providing clear ownership transparency
Negative
- Officer disposed of 6,000 shares, reducing insider equity exposure
- No disclosure of additional derivative purchases to offset the sale
Insights
Officer sold 6,000 IRM shares under a 10b5-1 plan.
The sale of 6,000 shares at $101.63 was part of a pre-set 10b5-1 trading plan adopted on March 20, 2025, which generally indicates the transaction was scheduled in advance rather than reflecting contemporaneous insider information.
Post-transaction ownership stands at 73,081 shares, reported as direct ownership; the filing lists no options or other derivative activity, limiting additional insider exposure signals.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, par value $.01 per share | 6,000 | $101.63 | $610K |
Footnotes (1)
- F1. The transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 20, 2025.
FAQ
What did Iron Mountain (IRM) insider Mark Kidd report on Form 4?
When was the 10b5-1 trading plan adopted for the reported sale?
Was the Form 4 signed by Mark Kidd?
Does the Form 4 show any derivative transactions for IRM?
AI-generated analysis. How Rhea-AI works. Not financial advice.