Iron Mountain Director Theodore R. Samuels II Receives Phantom Stock Under Deferred Compensation Plan
IRON MOUNTAIN INC
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Filing Summary
📊 Form 4 Filing: Iron Mountain Inc ($IRM) Insider: Theodore R. Samuels II (Director) Transaction Date: October 2, 2026 Security: Phantom Stock Type: Acquisition (Code A) Shares Transacted: 104.67 @ $113.92 (~$11,924.01) Post-Transaction Holdings: 13,905 Phantom Shares Significance: Low (Routine quarterly director fee deferral)
Comprehensive Analysis
Transaction Summary
On October 2, 2026, Theodore R. Samuels II, a Director of Iron Mountain Inc ($IRM), acquired 104.67 shares of Phantom Stock at a stated price of $113.92 per share, amounting to approximately $11,924.01.
Transaction Nature
- Mechanism: The acquisition reflects the reinvestment of quarterly cash compensation for board service pursuant to the Iron Mountain Incorporated Directors Deferred Compensation Plan.
- Terms: Each phantom share is the economic equivalent of one share of Iron Mountain common stock and becomes payable in shares of common stock upon the director's disability or cessation of service.
- Holdings: Following this transaction, Mr. Samuels beneficially holds 13,905 phantom shares.
Market & Significance Assessment
This transaction carries Low trading significance. It represents an automatic, scheduled reinvestment of standard quarterly director fees into phantom equity rather than an open-market discretionary purchase or sale.
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Important Disclaimer
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