Iron Mountain director receives 1,892-share equity grant
Simons Doyle reported acquisition or exercise transactions in this Form 4 filing.
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Form Type
4
Rhea-AI Filing Summary
Simons Doyle reported acquisition or exercise transactions in this Form 4 filing.
IRON MOUNTAIN INC director Doyle Simons reported new equity-based compensation and deferred awards. He received a grant of 1,892 shares of common stock on May 7, 2026, tied to restricted stock units that vested in full on the grant date. He also holds phantom stock units economically equivalent to 45,873.936 shares of common stock under the Directors Deferred Compensation Plan, which will be paid out in common stock after his disability or when he stops serving as a director.
Insider Trade Summary
Grant/Award: 1,892 shares
Grant/Award
2 txns
Insider
Simons Doyle
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $.01 per share | 1,892 | $0.00 | $0.00 |
| holding | Phantom Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock, par value $.01 per share — 1,892 shares (Direct);
Phantom Stock — 45,873.936 contracts (Direct)
Footnotes (2)
- F1. Consists of shares issuable upon the settlement of restricted stock units ("RSUs") granted on May 7, 2026. The RSUs vest in their entirety on the grant date.
- F2. Pursuant to the Reporting Person's election to participate in the Iron Mountain Incorporated Directors Deferred Compensation Plan, the shares of phantom stock (the "Phantom Shares") will become payable in shares of Iron Mountain Incorporated common stock ("Common Stock") following the Reporting Person's disability or cessation of service as a director. Each Phantom Share is the economic equivalent of one share of Common Stock.
Key Figures
Common shares granted: 1,892 shares
Phantom stock equivalent shares: 45,873.936 shares
Common stock holdings after grant: 1,892 shares
+1 more
4 metrics
Common shares granted
1,892 shares
Restricted stock units granted and vested on May 7, 2026
Phantom stock equivalent shares
45,873.936 shares
Economic equivalent of common stock under Directors Deferred Compensation Plan
Common stock holdings after grant
1,892 shares
Total common shares directly held following the May 7, 2026 award
Exercise price of phantom stock
$0.0000 per unit
Phantom stock units economically track common stock value without exercise cost
Key Terms
Phantom Stock, restricted stock units ("RSUs"), Directors Deferred Compensation Plan, economic equivalent
4 terms
Phantom Stock financial
"the shares of phantom stock (the "Phantom Shares") will become payable in shares of Iron Mountain Incorporated common stock"
A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.
restricted stock units ("RSUs") financial
"Consists of shares issuable upon the settlement of restricted stock units ("RSUs") granted on May 7, 2026."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Directors Deferred Compensation Plan financial
"election to participate in the Iron Mountain Incorporated Directors Deferred Compensation Plan"
A directors deferred compensation plan lets a board member postpone receiving part or all of their cash fees or stock-based pay until a future date, often retirement, allowing taxes to be delayed and payouts to be structured over time. Investors care because these plans change a company’s future cash obligations and reveal how the board’s pay is aligned with long-term performance—like choosing to take a paycheck later to tie personal reward to the company’s future results.
economic equivalent financial
"Each Phantom Share is the economic equivalent of one share of Common Stock."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did IRON MOUNTAIN INC (IRM) director Doyle Simons report?
Doyle Simons reported an equity award rather than a market trade. He received 1,892 shares of IRON MOUNTAIN INC common stock from restricted stock units granted and fully vested on May 7, 2026, reflecting compensation for his board service.
What are the phantom stock holdings reported by Doyle Simons at IRON MOUNTAIN INC (IRM)?
He holds phantom stock units economically equivalent to 45,873.936 shares of common stock. Under the Directors Deferred Compensation Plan, these units will be settled in IRON MOUNTAIN INC common stock after his disability or when his board service ends.
Were there any open-market buys or sells by Doyle Simons in this IRM Form 4?
No open-market buys or sells were reported. The filing shows a grant of 1,892 common shares from vested restricted stock units and a deferred phantom stock balance, with no purchase or sale transactions in the market disclosed.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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