Iron Mountain CEO exercises options, sells 38,474 shares
IRON MOUNTAIN INC President and CEO William L. Meaney exercised stock options and sold the resulting shares.
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Form Type
4
Rhea-AI Filing Summary
IRON MOUNTAIN INC President and CEO William L. Meaney exercised stock options and sold the resulting shares. He exercised options for 38,474 shares of common stock at $37.00 per share, then sold 38,474 shares in an open-market transaction at an average price of $102.71 per share. The transaction was made under a pre-arranged Rule 10b5-1 trading plan adopted on March 14, 2025. Following these transactions, filings show indirect holdings of 82,970 shares through the Meaney 2024 Master Trust and 212,680 shares through Meaney Master Trust #2, along with 307,792 stock options remaining from an option grant that was initially for 461,696 shares and is fully vested.
Insider Trade Summary 10b5-1
Exercise and Sale: 38,474 shares ($2.53M approx. pre-tax spread)
Exercise and Sale
5 txns
Insider
Meaney William L
Role
President and CEO
Sold
38,474 shs ($3.95M)
Approx. gross sale proceeds
$3.95M
Approx. exercise cost
$1.42M
Approx. pre-tax spread
$2.53M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) | 38,474 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $.01 per share | 38,474 | $37.00 | $1.42M |
| Sale | Common Stock, par value $.01 per share | 38,474 | $102.71 | $3.95M |
| 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) — 307,792 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 (3)
- F1. The transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 14, 2025.
- F2. This stock option, initially representing a right to purchase a total of 461,696 shares, is fully vested.
- F3. Not applicable.
Key Figures
Options exercised: 38,474 shares
Option exercise price: $37.00 per share
Shares sold: 38,474 shares
+4 more
7 metrics
Options exercised
38,474 shares
Employee Stock Option exercised on April 1, 2026
Option exercise price
$37.00 per share
Strike price for exercised Employee Stock Option
Shares sold
38,474 shares
Common stock sale on April 1, 2026
Average sale price
$102.71 per share
Price for open-market sale of common stock
Options remaining
307,792 options
Stock options remaining after exercise from fully vested grant
Indirect holding – Master Trust 2024
82,970 shares
Common stock held by Meaney 2024 Master Trust
Indirect holding – Master Trust #2
212,680 shares
Common stock held by Meaney Master Trust #2
Key Terms
Rule 10b5-1 trading plan, Employee Stock Option, derivative security, open-market sale, +1 more
5 terms
Rule 10b5-1 trading plan financial
"The transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 14, 2025."
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 financial
"Employee Stock Option (Right to Buy) with a conversion or exercise price of $37.0000."
An employee stock option is a promise that lets a worker buy company shares later at a predetermined price, often after they stay for a certain period or meet performance goals — think of it like a coupon that locks in today's price for a future purchase. It matters to investors because options align employees’ incentives with company performance, can increase the number of shares outstanding (dilution) when exercised, and represent a compensation cost that affects reported profits and shareholder value.
derivative security financial
"Transaction code M is described as Exercise or conversion of derivative security."
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
open-market sale financial
"Transaction code S is described as Sale in open market or private transaction."
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
indirect ownership financial
"Indirect ownership reported as By Meaney 2024 Master Trust and By Meaney Master Trust #2."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did IRON MOUNTAIN (IRM) CEO William Meaney do in this Form 4 filing?
William Meaney exercised stock options and sold the resulting shares. He converted 38,474 options at $37.00 into common stock and sold 38,474 shares at an average price of $102.71 in an open-market transaction.
What stock options did the IRON MOUNTAIN (IRM) CEO exercise in this transaction?
He exercised an Employee Stock Option to acquire 38,474 shares at a strike price of $37.00 per share. The option grant was initially for 461,696 shares and is described as fully vested in the disclosure footnotes.
Were the IRON MOUNTAIN (IRM) CEO’s trades under a Rule 10b5-1 plan?
Yes. The filing states the transaction was made under a Rule 10b5-1 trading plan adopted by William Meaney on March 14, 2025. Such plans pre-schedule trades, making their timing more routine rather than discretionary.
Does the IRON MOUNTAIN (IRM) CEO retain stock options after this exercise and sale?
Yes. Following the exercise of 38,474 options, the filing reports 307,792 stock options remaining from the same grant. The footnotes describe this option award, initially for 461,696 shares, as fully vested at the time of reporting.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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