Iron Mountain (IRM) EVP Mark Kidd sells 6,000 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Iron Mountain Inc. executive vice president Mark Kidd reported an open-market sale of 6,000 shares of common stock at $126.70 per share. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. After this sale, he directly holds 113,507 Iron Mountain shares.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 6,000 shares ($760,200)
Net Sell
1 txn
Insider
Kidd Mark
Role
EVP, GM Data Centers & ALM
Sold
6,000 shs ($760K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, par value $.01 per share | 6,000 | $126.70 | $760K |
Holdings After Transaction:
Common Stock, par value $.01 per share — 113,507 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 6,000 shares
Sale price: $126.70 per share
Shares held after sale: 113,507 shares
+1 more
4 metrics
Shares sold
6,000 shares
Open-market sale on June 1, 2026
Sale price
$126.70 per share
Common Stock, par value $0.01 per share
Shares held after sale
113,507 shares
Direct ownership following transaction
Net share change
-6,000 shares
Net selling activity in this Form 4
Key Terms
Rule 10b5-1 trading plan, open-market sale, Common Stock, par value $.01 per share, Form 4
4 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 20, 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.
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did Iron Mountain (IRM) executive Mark Kidd report in this Form 4?
Mark Kidd reported selling 6,000 shares of Iron Mountain common stock in an open-market transaction at $126.70 per share. This filing discloses his recent trading activity and updates his remaining direct ownership position in the company’s stock.
Was Mark Kidd’s Iron Mountain (IRM) stock sale under a Rule 10b5-1 plan?
Yes. The filing notes the sale was made pursuant to a Rule 10b5-1 trading plan adopted on March 20, 2025. Such pre-arranged plans allow insiders to schedule trades in advance, helping separate personal trading from day-to-day market decisions.
What role does Mark Kidd hold at Iron Mountain (IRM)?
Mark Kidd serves as Executive Vice President and General Manager, Data Centers & ALM at Iron Mountain. His Form 4 filing reflects transactions in company common stock made in his capacity as a reporting insider under SEC rules for executive officers.