IRM Form 4: Meaney sells shares via 10b5-1 after option exercise
Rhea-AI Filing Summary
Iron Mountain (IRM) President and CEO William Meaney reported insider transactions. On November 3, 2025, he exercised 69,125 employee stock options at $36.588 per share pursuant to a Rule 10b5-1 trading plan adopted on August 18, 2023.
The exercised shares were then sold in multiple transactions at weighted-average prices: 22,619 shares at $102.02, 35,678 shares at $102.922, and 10,828 shares at $103.689. After the reported sales, direct common stock holdings were 0 shares. An additional 295,650 shares were reported as indirectly held by a Grantor Retained Annuity Trust. The option exercised ties to a grant with an expiration date of February 18, 2026.
Positive
- None.
Negative
- None.
Insights
Routine 10b5-1 option exercise and sales; neutral impact.
William Meaney exercised 69,125 options at $36.588 and sold the resulting shares at weighted-average prices of $102.02, $102.922, and $103.689. The transactions were made pursuant to a Rule 10b5-1 plan adopted on August 18, 2023, indicating a pre-established selling framework.
Following the sales, direct holdings were reported as 0 shares, while 295,650 shares were listed as indirectly held by a GRAT. The exercised option relates to a grant expiring on February 18, 2026. Actual market impact is typically limited for such administrative insider trades.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) | 69,125 | $36.588 | $2.53M |
| Exercise | Common Stock, par value $.01 per share | 69,125 | $36.588 | $2.53M |
| Sale | Common Stock, par value $.01 per share | 22,619 | $102.02 | $2.31M |
| Sale | Common Stock, par value $.01 per share | 35,678 | $102.922 | $3.67M |
| Sale | Common Stock, par value $.01 per share | 10,828 | $103.689 | $1.12M |
| holding | Common Stock, par value $.01 per share | -- | -- | -- |
Footnotes (1)
- The transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 18, 2023. The price reported in Column 4 is a weighted average price. These shares of Iron Mountain Incorporated common stock ("Common Stock") were sold in multiple transactions at prices ranging from $101.475 to $102.475, inclusive. The Reporting Person undertakes to provide Iron Mountain Incorporated (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares of Common Stock sold at each separate price within the ranges set forth in this footnote (2). The price reported in Column 4 is a weighted average price. These shares of Common Stock were sold in multiple transactions at prices ranging from $102.485 to $103.470, inclusive. The Reporting Person undertakes to provide the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares of Common Stock sold at each separate price within the ranges set forth in this footnote (3). The price reported in Column 4 is a weighted average price. These shares of Common Stock were sold in multiple transactions at prices ranging from $103.510 to $103.805, inclusive. The Reporting Person undertakes to provide the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares of Common Stock sold at each separate price within the ranges set forth in this footnote (4) Balance reflects 295,650 shares transferred from the Grantor for funding of a Grantor Retained Annuity Trust on November 29, 2024. This transfer is exempt from Section 16 pursuant to Rule 16a-13. This stock option, representing a right to purchase a total of 829,506 shares, is fully vested.
