Form 4: Iron Mountain Director Clarke H. Bailey Reports Acquisition of Phantom Stock

Director Clarke H. Bailey reports acquisition of phantom stock and updates beneficial ownership of Iron Mountain Inc. shares.

Summary

• On April 4, 2025, Clarke H. Bailey, a director of Iron Mountain Inc., reported the acquisition of 883.056 shares of phantom stock.
• This acquisition was made pursuant to the Iron Mountain Incorporated Directors Deferred Compensation Plan.
• These shares give effect to dividends paid on Common Stock as if reinvested in Phantom Shares.
• Following the reported transaction, Bailey's direct ownership includes 90,860.989 shares of common stock.
• The price reported in Column 8 is a weighted average price.
• These shares of Common Stock were acquired in multiple transactions at prices ranging from $79.524 to $80.259, inclusive.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a standard regulatory filing detailing a director's stock transactions. The acquisition of phantom stock through a deferred compensation plan is generally viewed as a positive sign of alignment with company performance, but it's not a major event.

Positives

• The director's participation in the deferred compensation plan demonstrates a continued investment in the company's future.

Industry Context

This filing is a routine disclosure related to insider transactions and is typical for publicly traded companies. It provides transparency regarding the holdings and transactions of company directors.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies and their insiders.
• The details disclosed are consistent with regulatory requirements for reporting changes in beneficial ownership.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it reflects the director's continued investment in the company.

Key Dates

Keywords

Iron Mountain, Director, Clarke H. Bailey, Phantom Stock, Beneficial Ownership, Form 4, Deferred Compensation Plan, IRM