Form 4: Iron Mountain CEO William Meaney Executes Stock Options, Sells Shares
SEC Form 4 Filing
Iron Mountain's CEO, William Meaney, exercised stock options and sold shares on October 7th and 8th, 2024, according to a recent SEC Form 4 filing.
Summary
- William Meaney, the President and CEO of Iron Mountain, executed employee stock options and sold the acquired shares.
- The transactions occurred on October 7th and 8th, 2024.
- On both days, 15,875 shares were acquired at an exercise price of $48.538 per share.
- The acquired shares were then sold on the same days at prices of $117.36 and $117.68 respectively.
- Following these transactions, Mr. Meaney directly owns 295,650 shares of Iron Mountain common stock.
- He also holds options to purchase 63,497 shares.
Sentiment
Score: 5
Explanation: This is a routine filing related to stock option exercises and sales, and doesn't inherently indicate positive or negative sentiment.
Industry Context
Executive stock option exercises and sales are a common practice and are often related to personal financial planning rather than a reflection of the executive's view of the company's prospects.
Key Dates
| Date | Description |
|---|---|
| April 17, 2023 | William L. Meaney signed a Power of Attorney. |
| February 19, 2025 | Expiration date for employee stock options. |
| October 07, 2024 | William Meaney exercised stock options and sold shares. |
| October 08, 2024 | William Meaney exercised stock options and sold shares. |
| October 09, 2024 | Date of signature on the SEC filing. |
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