Iron Mountain (NYSE: IRM) EVP sells 6,000 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Iron Mountain Inc. executive Mark Kidd, EVP and GM of Data Centers & ALM, reported an open-market sale of 6,000 shares of Common Stock at $102.71 per share. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan adopted on March 20, 2025.
After this sale, Kidd directly holds 125,507 Iron Mountain shares, indicating he retains a substantial equity position in the company while managing liquidity through a scheduled trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 6,000 shares ($616,260)
Net Sell
1 txn
Insider
Kidd Mark
Role
EVP, GM Data Centers & ALM
Sold
6,000 shs ($616K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, par value $.01 per share | 6,000 | $102.71 | $616K |
Holdings After Transaction:
Common Stock, par value $.01 per share — 125,507 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 6,000 shares
Sale price per share: $102.71 per share
Shares held after transaction: 125,507 shares
+1 more
4 metrics
Shares sold
6,000 shares
Open-market sale of Common Stock
Sale price per share
$102.71 per share
Price for 6,000 shares sold on April 1, 2026
Shares held after transaction
125,507 shares
Direct ownership after reported sale
Trading plan adoption date
March 20, 2025
Rule 10b5-1 plan underlying the sale
Key Terms
Rule 10b5-1 trading plan, open-market sale, Common Stock, par value $.01 per share
3 terms
Rule 10b5-1 trading plan regulatory
"The transaction was made pursuant to a Rule 10b5-1 trading plan adopted..."
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.
open-market sale financial
"transaction_action": "open-market sale""
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.
FAQ
What insider transaction did IRON MOUNTAIN INC (IRM) report for Mark Kidd?
IRON MOUNTAIN INC reported that executive Mark Kidd sold 6,000 shares of Common Stock. The sale was an open-market transaction at $102.71 per share, documented on a Form 4 insider trading report filed with the SEC.
Was Mark Kidd’s IRM stock sale made under a Rule 10b5-1 trading plan?
Yes, the Form 4 states the transaction was made under a Rule 10b5-1 trading plan. The plan was adopted by Mark Kidd on March 20, 2025, indicating the sale was pre-scheduled rather than a discretionary market-timing decision.
What role does Mark Kidd hold at IRON MOUNTAIN INC in this Form 4 filing?
In this Form 4, Mark Kidd is identified as an officer of IRON MOUNTAIN INC. His title is EVP, GM Data Centers & ALM, indicating a senior leadership position overseeing the company’s data center and asset lifecycle management businesses.