Iron Mountain (NYSE: IRM) CFO awarded 166,412 new performance units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hytinen Barry reported acquisition or exercise transactions in this Form 4 filing.
Iron Mountain Incorporated’s EVP and CFO Barry Hytinen reported an equity compensation award of 166,412 Performance Units, each representing a contingent right to one share of common stock. The award reflects the Compensation Committee’s determination of his actual PUs earned and will fully vest on March 1, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hytinen Barry
Role
EVP and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Units | 166,412 | $0.00 | -- |
Holdings After Transaction:
Performance Units — 232,977 shares (Direct)
Footnotes (1)
- Each Performance Unit ("PU") represents a contingent right to receive one share of Iron Mountain Incorporated common stock ("Common Stock"). The PUs were initially granted to the Reporting Person on March 1, 2023. This Form 4 is being filed to reflect the determination by the Compensation Committee, effective as of February 16, 2026, of the actual award of PUs under the grant after completion of the relevant performance period. The PU were initially granted to the Reporting Person on March 1, 2023, and will fully vest on March 1, 2026.
FAQ
What insider transaction did IRM EVP and CFO Barry Hytinen report on this Form 4?
Barry Hytinen reported an equity award of 166,412 Performance Units. These derivative securities were granted as part of his compensation and determined by the Compensation Committee after completion of the relevant performance period.
What does each Performance Unit reported by IRM’s CFO represent?
Each Performance Unit reported by IRM’s CFO represents a contingent right to receive one share of Iron Mountain Incorporated common stock. The ultimate share delivery depends on the terms of the award and vesting conditions.
When will the Performance Units reported by IRM’s CFO fully vest?
The Performance Units reported by IRM’s CFO will fully vest on March 1, 2026. They were initially granted on March 1, 2023, and vest after the completion of the performance and service period specified in the award.
How many Performance Units does IRM’s CFO hold after this Form 4 transaction?
After this transaction, IRM’s CFO is reported as directly owning 232,977 Performance Units. This total reflects the updated award determination and represents derivative securities tied to future delivery of Iron Mountain common shares.
Was the IRM CFO’s Form 4 transaction a market purchase or sale of stock?
No, the IRM CFO’s Form 4 shows a grant or award acquisition of Performance Units, coded “A.” It does not reflect an open-market purchase or sale, but rather equity compensation determined by the Compensation Committee.