Iron Mountain CEO/Director Files Form 144 to Sell $4.26M Under 10b5-1 Plan
IRON MOUNTAIN INC
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Filing Summary
📈 Form 144 Notice: Iron Mountain Inc ($IRM) Insider: William L. Meaney (Officer & Director) Proposed Sale: 38,474 Common Shares (~$4.26M) Acquisition: Stock option exercise via cash payment on 10/01/2026 Trading Plan: Rule 10b5-1 adopted on 03/13/2025 Significance: Low (Routine scheduled liquidation under 10b5-1 plan)
Comprehensive Analysis
Executive Summary
On October 1, 2026, William L. Meaney, Officer and Director of Iron Mountain Inc ($IRM), filed a Form 144 notifying the proposed sale of 38,474 shares of common stock with an aggregate market value of approximately $4,259,841.28 (~$110.72 per share).
Transaction & Plan Details
- Acquisition Nature: The shares are being acquired on October 1, 2026, through a cash exercise of stock options directly from the issuer.
- Rule 10b5-1 Trading Plan: The proposed sale is executed pursuant to a pre-arranged Rule 10b5-1 plan established on March 13, 2025.
- Historical Activity: Meaney has consistently sold exactly 38,474 shares per month over the preceding three months:
- July 1, 2026: 38,474 shares ($4,725,826.83)
- August 7, 2026: 38,474 shares ($4,681,000.77)
- September 1, 2026: 38,474 shares ($4,389,017.74)
Market Impact & Significance
This transaction carries Low informational significance. The sale is part of an established, recurring monthly 10b5-1 schedule linked to stock option exercises. It represents approximately 0.013% of the 297,702,812 shares outstanding, reflecting programmatic executive compensation monetization rather than discretionary trading sentiment.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.
