Form 4: Iron Mountain Director Jennifer Allerton Reports Stock Transactions
Statement of Changes in Beneficial Ownership
Iron Mountain Director Jennifer Allerton has reported transactions involving restricted stock units and common stock, as filed with the SEC.
Summary
- Jennifer Allerton, a Director at Iron Mountain Inc., reported transactions on May 7, 2026.
- These transactions involved the acquisition of 1,892 shares of common stock upon settlement of restricted stock units (RSUs) granted on May 7, 2026. These RSUs vested in their entirety on the grant date.
- Additionally, 133 shares of common stock were withheld by the Issuer to satisfy tax obligations related to the net settlement of RSUs. This withholding does not represent a sale.
- Following these transactions, Allerton beneficially owns 13,433 shares of common stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this filing as neutral, as it represents a routine reporting of equity compensation settlement and tax withholding by a director, rather than a significant strategic or financial event.
Positives
- Director Jennifer Allerton acquired shares through the settlement of RSUs, indicating a form of compensation or incentive tied to her role.
- The RSUs vested fully on the grant date, suggesting immediate realization of value for the reporting person.
- The company withheld shares for tax purposes, a standard procedure that does not negatively impact the reporting person's net share acquisition.
Negatives
- 133 shares were withheld for tax purposes, reducing the net number of shares received by the reporting person from the RSU settlement.
Future Outlook
No specific future outlook or guidance is provided in this Form 4 filing, which details past transactions.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions, providing transparency into the holdings and activities of company directors and officers. This filing by an Iron Mountain director is typical for reporting the settlement of equity-based compensation.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney | Jennifer Allerton granted a Power of Attorney to Michelle Altamura, Keely Stewart, Christine Zhang, and Luke Cummiskey to act on her behalf for Section 16 filings. | 06/19/2025 | Ensures timely and accurate filing of required SEC documents by authorized representatives. |
Stakeholder Impact
- Shareholders: Increased transparency into director's equity holdings and compensation realization.
- Employees: Indirectly, as the transaction relates to employee/director compensation structures.
- Management: Standard reporting procedure that maintains compliance with SEC regulations.
Key Dates
| Date | Description |
|---|---|
| 05/07/2026 | Grant date of Restricted Stock Units (RSUs) and transaction date for acquisition of common stock upon settlement of RSUs. |
| 06/19/2025 | Date of Power of Attorney granted by Jennifer Allerton. |
| 05/11/2026 | Date of signature on the Form 4 filing. |
Keywords
Iron Mountain, IRM, Form 4, SEC Filing, Insider Trading, Restricted Stock Units, RSUs, Director, Beneficial Ownership, Stock Transaction
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