Iron Mountain (NYSE: IRM) CEO sells 38,474 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Iron Mountain Inc.’s President and CEO William L. Meaney exercised employee stock options to acquire 38,474 shares of common stock at a conversion price of $37.00 per share. On the same date, he sold 38,474 common shares in multiple open‑market transactions at prices reported around $126.20–$129.66, pursuant to a pre‑arranged Rule 10b5-1 trading plan adopted on March 14, 2025. Separate from these trades, indirect holdings reported for trusts associated with Meaney totaled 212,680 shares and 82,970 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 38,474 shares ($4,907,535)
Net Sell
9 txns
Insider
Meaney William L
Role
President and CEO
Sold
38,474 shs ($4.91M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) | 38,474 | $0.00 | -- |
| Exercise | Common Stock, par value $.01 per share | 38,474 | $37.00 | $1.42M |
| Sale | Common Stock, par value $.01 per share | 10,156 | $126.20 | $1.28M |
| Sale | Common Stock, par value $.01 per share | 10,457 | $127.00 | $1.33M |
| Sale | Common Stock, par value $.01 per share | 7,523 | $127.90 | $962K |
| Sale | Common Stock, par value $.01 per share | 9,247 | $129.14 | $1.19M |
| Sale | Common Stock, par value $.01 per share | 1,091 | $129.66 | $141K |
| 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) — 230,844 shares (Direct, null);
Common Stock, par value $.01 per share — 38,474 shares (Direct, null);
Common Stock, par value $.01 per share — 82,970 shares (Indirect, By Meaney 2024 Master Trust)
Footnotes (1)
- 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 Iron Mountain Incorporated common stock ("Common Stock") were sold in multiple transactions at prices ranging from $125.49 to $126.48, 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). The price reported in Column 4 is a weighted average price. These Common Stock were sold in multiple transactions at prices ranging from $126.50 to $127.48, 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). The price reported in Column 4 is a weighted average price. These Common Stock were sold in multiple transactions at prices ranging from $127.50 to $128.48, 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 Common Stock were sold in multiple transactions at prices ranging from $128.55 to $129.54, 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 Common Stock were sold in multiple transactions at prices ranging from $129.55 to $129.78, 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). This stock option, initially representing a right to purchase a total of 461,696 shares, is fully vested. Not applicable.
Key Figures
Options exercised: 38,474 shares at $37.00
Shares sold (total): 38,474 shares
Sale price tranche 1: $126.20 per share
+6 more
9 metrics
Options exercised
38,474 shares at $37.00
Employee stock option exercise on June 1, 2026
Shares sold (total)
38,474 shares
Open-market sales on June 1, 2026
Sale price tranche 1
$126.20 per share
Common stock sale price on June 1, 2026
Sale price tranche 2
$127.00 per share
Common stock sale price on June 1, 2026
Sale price tranche 3
$127.90 per share
Common stock sale price on June 1, 2026
Sale price tranche 4
$129.14 per share
Common stock sale price on June 1, 2026
Sale price tranche 5
$129.66 per share
Common stock sale price on June 1, 2026
Indirect trust holding #1
212,680 shares
Meaney Master Trust #2 common stock holding
Indirect trust holding #2
82,970 shares
Meaney 2024 Master Trust common stock holding
Key Terms
Rule 10b5-1 trading plan, weighted average price, Employee Stock Option (Right to Buy), Common Stock, par value $.01 per share, +2 more
6 terms
Rule 10b5-1 trading plan regulatory
"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.
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.
Employee Stock Option (Right to Buy) financial
"Security title: Employee Stock Option (Right to Buy)"
derivative exercise/conversion financial
"transaction_action: derivative exercise/conversion"
fully vested financial
"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 on June 1, 2026?
William Meaney reported exercising stock options for 38,474 Iron Mountain common shares at $37.00 each and selling 38,474 shares in multiple open‑market transactions at prices around $126.20–$129.66. The filing reflects a coordinated exercise‑and‑sell sequence.