Iron Mountain (NYSE: IRM) EVP sells 6,000 shares in planned trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Iron Mountain Inc. executive Mark Kidd reported an open-market sale of 6,000 shares of common stock. The shares were sold at a price of $125.62 per share. After this transaction, Kidd directly holds 107,507 Iron Mountain shares. The filing notes that the trade was executed under a pre-arranged Rule 10b5-1 trading plan adopted on March 20, 2025, indicating it was scheduled in advance rather than timed discretionarily.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 6,000 shares ($753,720)
Net Sell
1 txn
Insider
Kidd Mark
Role
EVP, GM Data Centers & ALM
Sold
6,000 shs ($754K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, par value $.01 per share | 6,000 | $125.62 | $754K |
Holdings After Transaction:
Common Stock, par value $.01 per share — 107,507 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 6,000 shares
Sale price: $125.62 per share
Shares held after transaction: 107,507 shares
+2 more
5 metrics
Shares sold
6,000 shares
Open-market sale of common stock
Sale price
$125.62 per share
Price for the 6,000-share sale
Shares held after transaction
107,507 shares
Direct ownership following the sale
Net shares sold
6,000 shares
Net buy/sell direction is net-sell
10b5-1 plan adoption date
March 20, 2025
Date the trading plan was adopted
Key Terms
Rule 10b5-1 trading plan, open-market sale, Form 4, non-derivative, +1 more
5 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 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 of common stock"
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
"Iron Mountain executive transaction was disclosed on a Form 4 insider filing"
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.
non-derivative financial
"transaction_type: non-derivative common stock"
transaction code "S" regulatory
"transaction_code: S indicates sale in open market or private transaction"
FAQ
What insider transaction did Iron Mountain (IRM) report for Mark Kidd?
Iron Mountain reported that executive Mark Kidd executed an open-market sale of 6,000 shares of common stock. This transaction was disclosed on a Form 4 and reflects a routine insider trade rather than a new grant or option exercise.
What type of transaction did Iron Mountain (IRM) disclose for Mark Kidd?
The filing describes the trade as an open-market sale of non-derivative common stock. The transaction code is “S,” which indicates a sale in the open market or a private transaction, rather than an option exercise, gift, or tax withholding event.