Iron Mountain CEO exercises options, sells shares
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Form Type
4
Rhea-AI Filing Summary
Iron Mountain Inc. President and CEO William L. Meaney exercised employee stock options for 38,474 shares of common stock at an exercise price of $37.00 per share and, on the same date, sold 38,474 shares in multiple open-market transactions at weighted average prices between $120.56 and $123.12. The option exercised was part of a grant that is fully vested and left 153,896 options remaining. Meaney also reports indirect ownership of 82,970 shares held by Meaney 2024 Master Trust and 212,680 shares held by Meaney Master Trust #2. All reported trades were made pursuant to a Rule 10b5-1 trading plan adopted on March 14, 2025.
Insider Trade Summary 10b5-1
Exercise and Sale: 38,474 shares ($3.26M approx. pre-tax spread)
Exercise and Sale
7 txns
Insider
Meaney William L
Role
President and CEO
Sold
38,474 shs ($4.68M)
Approx. gross sale proceeds
$4.68M
Approx. exercise cost
$1.42M
Approx. pre-tax spread
$3.26M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) F1, F6, F5 | 38,474 | -- | -- |
| Exercise | Common Stock, par value $.01 per share F1 | 38,474 | $37.00 | $1.42M |
| Sale | Common Stock, par value $.01 per share F1, F2 | 18,780 | $121.10 | $2.27M |
| Sale | Common Stock, par value $.01 per share F1, F3 | 16,785 | $122.11 | $2.05M |
| Sale | Common Stock, par value $.01 per share F1, F4 | 2,909 | $122.75 | $357K |
| holding | Common Stock, par value $.01 per share | -- | -- | -- |
| holding | Common Stock, par value $.01 per share | -- | -- | -- |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 153,896 contracts (Direct);
Common Stock, par value $.01 per share — 0 shares (Direct);
Common Stock, par value $.01 per share — 82,970 shares (Indirect, By Meaney 2024 Master Trust);
Common Stock, par value $.01 per share — 212,680 shares (Indirect, By Meaney Master Trust #2)
Footnotes (6)
- F1. This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 14, 2025.
- F2. 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 $120.56 to $121.55, 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).
- F3. The price reported in Column 4 is a weighted average price. These shares of Iron Mountain Incorporated Common Stock were sold in multiple transactions at prices ranging from $121.56 to $122.56, 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).
- F4. The price reported in Column 4 is a weighted average price. These shares of Iron Mountain Incorporated Common Stock were sold in multiple transactions at prices ranging from $122.60 to $123.12, 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).
- F5. This stock option, initially representing a right to purchase a total of 461,696 shares, is fully vested.
- F6. Not applicable.
Key Figures
Options Exercised: 38,474 shares
Exercise Price: $37.00 per share
Shares Sold: 38,474 shares
+4 more
7 metrics
Options Exercised
38,474 shares
Employee stock options for common stock exercised on August 7, 2026
Exercise Price
$37.00 per share
Exercise price of employee stock options converted into common stock
Shares Sold
38,474 shares
Total common shares sold in open-market transactions on August 7, 2026
Sale Prices
$121.10, $122.11, $122.75 per share
Weighted average prices for three sale blocks with ranges $120.56–$123.12
Remaining Options
153,896 options
Stock options remaining from fully vested grant after exercise
Indirect Holdings (Trust 1)
82,970 shares
Common shares held indirectly by Meaney 2024 Master Trust
Indirect Holdings (Trust 2)
212,680 shares
Common shares held indirectly by Meaney Master Trust #2
Key Terms
Rule 10b5-1 trading plan, Employee Stock Option (Right to Buy), weighted average price, indirect ownership
4 terms
Rule 10b5-1 trading plan financial
"This transaction was made pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Employee Stock Option (Right to Buy) financial
"security_title: Employee Stock Option (Right to Buy)"
weighted average price financial
"The price reported in Column 4 is a weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
indirect ownership financial
"ownership_type "indirect" with nature_of_ownership by trusts"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did IRON MOUNTAIN INC (IRM) CEO William Meaney report on this Form 4?
William L. Meaney reported exercising 38,474 stock options at $37.00 per share and selling 38,474 common shares on August 7, 2026 in multiple open-market transactions under a Rule 10b5-1 trading plan.
How many IRM options did the CEO exercise and at what price?
Meaney exercised 38,474 employee stock options for Iron Mountain common stock at an exercise price of $37.00 per share. These options came from a fully vested grant that initially covered 461,696 shares and now has 153,896 options remaining.
Were the IRM trades by CEO William Meaney under a Rule 10b5-1 plan?
Yes. All reported transactions were made pursuant to a Rule 10b5-1 trading plan adopted by William L. Meaney on March 14, 2025, as disclosed in the footnotes and affirmed in the filing.
What IRON MOUNTAIN INC (IRM) holdings does the CEO report in trusts?
Meaney reports indirect ownership of 82,970 shares of Iron Mountain common stock held by the Meaney 2024 Master Trust and 212,680 shares held by the Meaney Master Trust #2, in addition to his directly held positions.
How many options remain from the exercised IRM option grant for the CEO?
After exercising 38,474 options from a fully vested grant initially covering 461,696 shares, 153,896 stock options remain outstanding under that grant for William L. Meaney, according to the post-transaction holdings data.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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