Iron Mountain CEO sells 38,474 shares on Sept. 1
Rhea-AI Filing Summary
IRON MOUNTAIN INC (IRM) reported that President and CEO William L. Meaney exercised stock options to acquire 38,474 shares of common stock at an exercise price of $37.00 per share on September 1, 2026, and sold the same number of shares in a series of transactions made pursuant to a Rule 10b5-1 trading plan adopted on March 14, 2025. Following the option exercise, he continues to hold 115,422 options directly, and has indirect ownership of 82,970 shares through the Meaney 2024 Master Trust and 212,680 shares through Meaney Master Trust #2.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and Sale: 38,474 shares ($2.97M approx. pre-tax spread)
Exercise and Sale
8 txns
Insider
Meaney William L
Role
President and CEO
Sold
38,474 shs ($4.39M)
Approx. gross sale proceeds
$4.39M
Approx. exercise cost
$1.42M
Approx. pre-tax spread
$2.97M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) F1, F7, F6 | 38,474 | -- | -- |
| Exercise | Common Stock, par value $.01 per share F1 | 38,474 | $37.00 | $1.42M |
| Sale | Common Stock, par value $.01 per share F1, F2 | 11,332 | $113.45 | $1.29M |
| Sale | Common Stock, par value $.01 per share F1, F3 | 20,952 | $114.14 | $2.39M |
| Sale | Common Stock, par value $.01 per share F1, F4 | 6,101 | $115.00 | $702K |
| Sale | Common Stock, par value $.01 per share F1, F5 | 89 | $116.00 | $10K |
| 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) — 115,422 contracts (Direct);
Common Stock, par value $.01 per share — 0 shares (Direct);
Common Stock, par value $.01 per share — 82,970 shares (Indirect, By Meaney 2024 Master Trust);
Common Stock, par value $.01 per share — 212,680 shares (Indirect, By Meaney Master Trust #2)
Footnotes (7)
- F1. This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 14, 2025.
- F2. 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 $112.75 to $113.74, 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).
- F3. The price reported in Column 4 is a weighted average price. These shares of Iron Mountain Incorporated Common Stock were sold in multiple transactions at prices ranging from $113.75 to $114.74, 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).
- F4. The price reported in Column 4 is a weighted average price. These shares of Iron Mountain Incorporated Common Stock were sold in multiple transactions at prices ranging from $114.75 to $115.67, 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).
- F5. The price reported in Column 4 is a weighted average price. These shares of Iron Mountain Incorporated Common Stock were sold in multiple transactions at prices ranging from $115.96 to $116.22, 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).
- F6. This stock option, initially representing a right to purchase a total of 461,696 shares, is fully vested.
- F7. Not applicable.
Key Figures
Options exercised: 38,474 shares
Option exercise price: $37.00 per share
Shares sold at weighted average $113.45: 11,332 shares
+5 more
8 metrics
Options exercised
38,474 shares
Shares acquired by option exercise on September 1, 2026
Option exercise price
$37.00 per share
Exercise price for 38,474 options on September 1, 2026
Shares sold at weighted average $113.45
11,332 shares
Common stock sales on September 1, 2026
Shares sold at weighted average $114.14
20,952 shares
Common stock sales on September 1, 2026
Shares sold at weighted average $115.00
6,101 shares
Common stock sales on September 1, 2026
Shares sold at weighted average $116.00
89 shares
Common stock sales on September 1, 2026
Remaining options held directly
115,422 options
Options on Iron Mountain common stock after the exercise
Indirect shares in trusts
82,970 and 212,680 shares
Indirect holdings via Meaney 2024 Master Trust and Meaney Master Trust #2
Key Terms
Rule 10b5-1 trading plan, weighted average price, fully vested
3 terms
Rule 10b5-1 trading plan regulatory
"This 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.
fully vested financial
"This stock option, initially representing a right to purchase a total of 461,696 shares, is fully vested."
FAQ
What did IRM’s CEO William L. Meaney report on this Form 4?
He exercised options for 38,474 shares of Iron Mountain common stock at $37.00 per share on September 1, 2026, and sold 38,474 shares in multiple transactions under a Rule 10b5-1 trading plan adopted on March 14, 2025.
How many Iron Mountain options does the CEO hold after these transactions?
After exercising options on September 1, 2026, William L. Meaney holds 115,422 stock options directly, relating to Iron Mountain common stock, from an option grant that was initially for 461,696 shares and is fully vested.
What indirect holdings of IRM stock does the CEO report?
He reports indirect ownership of 82,970 shares of Iron Mountain common stock held by the Meaney 2024 Master Trust and 212,680 shares held by Meaney Master Trust #2, as of September 1, 2026.
What is the exercise price and expiration for the options exercised by IRM’s CEO?
The options exercised on September 1, 2026 covered 38,474 shares at an exercise price of $37.00 per share and carry an expiration date of February 16, 2027; the option grant is described as fully vested.
AI-generated analysis. How Rhea-AI works. Not financial advice.
