Iron Mountain (NYSE: IRM) CEO sells 137,133 shares in 10b5-1 trades
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Iron Mountain Inc.'s President and CEO William L. Meaney reported a mix of equity award vesting, option activity, and stock sales. He acquired 650,674 shares of common stock on March 1, 2026 through full vesting of previously granted performance units, with each performance unit representing one share of common stock, and 256,040 of those shares were withheld to cover income tax obligations rather than sold.
On March 1, 2026 he also received a grant of 74,069 employee stock options and exercised fully vested options representing 38,474 shares. On March 2, 2026 he sold an aggregate 137,133 shares of common stock in a series of open-market transactions at weighted-average prices between $106.65 and $110.81 per share under a Rule 10b5-1 trading plan adopted on March 14, 2025, and continued to hold a substantial direct and indirect stake afterward.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 137,133 shares ($15,001,567)
Net Sell
17 txns
Insider
Meaney William L
Role
President and CEO
Sold
137,133 shs ($15.00M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) | 38,474 | $0.00 | -- |
| Sale | Common Stock, par value $.01 per share | 2,929 | $107.16 | $314K |
| Sale | Common Stock, par value $.01 per share | 13,778 | $108.27 | $1.49M |
| Sale | Common Stock, par value $.01 per share | 37,296 | $109.07 | $4.07M |
| Sale | Common Stock, par value $.01 per share | 41,456 | $110.05 | $4.56M |
| Sale | Common Stock, par value $.01 per share | 3,200 | $110.74 | $354K |
| Exercise | Common Stock, par value $.01 per share | 38,474 | $37.00 | $1.42M |
| Sale | Common Stock, par value $.01 per share | 2,076 | $107.95 | $224K |
| Sale | Common Stock, par value $.01 per share | 16,457 | $108.91 | $1.79M |
| Sale | Common Stock, par value $.01 per share | 18,117 | $110.02 | $1.99M |
| Sale | Common Stock, par value $.01 per share | 1,824 | $110.64 | $202K |
| Exercise | Performance Units | 650,674 | $0.00 | -- |
| Grant/Award | Employee Stock Option (Right to Buy) | 74,069 | $0.00 | -- |
| Exercise | Common Stock, par value $.01 per share | 650,674 | $0.00 | -- |
| Tax Withholding | Common Stock, par value $.01 per share | 256,040 | $108.33 | $27.74M |
| 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) — 346,266 shares (Direct);
Common Stock, par value $.01 per share — 391,705 shares (Direct);
Performance Units — 0 shares (Direct);
Common Stock, par value $.01 per share — 82,970 shares (Indirect, By Meaney 2024 Master Trust)
Footnotes (1)
- This acquisition is reported to reflect the full vesting of performance units ("PUs") previously granted to the Reporting Person on March 1, 2023. Effective February 16, 2026, the Compensation Committee of Iron Mountain Incorporated (the "Company")'s Board of Directors determined the actual award of PUs under the grant after completion of the relevant performance period, and the PUs fully vested on March 1, 2026. Represents the number of shares of Common Stock that have been withheld by the Issuer to satisfy its income tax withholding obligation in connection with the net settlement of the PUs and does not represent a sale. The transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 14, 2025. The price reported in Column 4 is a weighted average price. These shares of the Company common stock ("Common Stock") were sold in multiple transactions at prices ranging from $106.65 to $107.64, 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). 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 $107.67 to $108.66, 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 (5). 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 $108.67 to $109.66, 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 (6). 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 $109.68 to $110.58, 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 (7). 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 $110.70 to $110.79, 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 (8). 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 $107.35 to $108.35, 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 (9). 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 $108.39 to $109.36, 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 (10). 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 $109.40 to $110.40, 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 (11). 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 $110.40 to $110.81, 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 (12). Each PU represents a contingent right to receive one share of Common Stock. The PUs were initially granted to the Reporting Person on March 1, 2023. Effective as of February 16, 2026, the Compensation Committee determined the actual award of PUs under the grant after completion of the relevant performance period, and the PUs fully vested on March 1, 2026. This stock option becomes exercisable in three substantially equal annual installments beginning on the first anniversary of the date of grant. Not applicable. This stock option, initially representing a right to purchase a total of 461,696 shares, is fully vested.
FAQ
What insider transactions did IRM CEO William Meaney report?
William Meaney reported vesting of 650,674 performance units into common stock, a grant of 74,069 stock options, exercise of 38,474 options, and open-market sales totaling 137,133 shares, along with tax withholding of 256,040 shares related to the vesting.
At what prices did the IRM CEO sell common stock in these transactions?
The reported open-market sales of Iron Mountain common stock were executed at weighted-average prices within several ranges, with disclosed price bands running from $106.65 to $110.81 per share, reflecting multiple transactions aggregated into average prices for reporting purposes.
What new equity awards did the Iron Mountain CEO receive in this Form 4?
William Meaney received a grant of 74,069 employee stock options with a right to buy Iron Mountain common stock. The filing notes this option becomes exercisable in three substantially equal annual installments beginning on the first anniversary of the grant date.
Did the Iron Mountain CEO’s performance units fully vest in this period?
Yes. Performance units initially granted on March 1, 2023 fully vested on March 1, 2026 after the Compensation Committee determined the actual award on February 16, 2026, resulting in the acquisition of 650,674 shares of Iron Mountain common stock.