Form 4: Iron Mountain Director Receives Equity Compensation

Director Theodore R. Samuels II acquired 1,892 phantom stock units as part of the company's Directors Deferred Compensation Plan.

Summary

• Director Theodore R. Samuels II was granted 1,892 restricted stock units (RSUs) on May 7, 2026.
• The RSUs vested immediately upon the grant date.
• Per the Director's election to participate in the Directors Deferred Compensation Plan (DDCP), the vested RSUs were converted into 1,892 phantom shares.
• These phantom shares are the economic equivalent of common stock and will be settled in common stock upon the director's cessation of service or disability.
• Following this transaction, the director holds a total of 13,390.41 phantom shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding director compensation with no impact on company operations or financial health.

Positives

• Alignment of director interests with long-term shareholder value through equity-based compensation.
• Standardized deferred compensation practice that encourages director retention.

Negatives

• None identified; this is a routine administrative equity grant.

Risks

• None; this is a standard compensation disclosure.

Future Outlook

The phantom shares will be settled in common stock upon the director's future disability or cessation of service.

Industry Context

StockSavvy.ai notes that this is a routine disclosure of director compensation, consistent with standard corporate governance practices for large-cap companies like Iron Mountain.

Comparison to Industry Standards

• The use of deferred compensation plans for directors is a standard practice among S&P 500 companies to align board incentives with long-term performance.
• The immediate vesting of director equity is common for annual retainer-based grants.

Stakeholder Impact

• Minimal impact on shareholders as this represents standard director compensation.

Next Steps

• Settlement of phantom shares into common stock upon the director's future departure or disability.

Key Dates

Keywords

Iron Mountain, IRM, Form 4, Director Compensation, Phantom Stock, Equity Grant, Insider Transaction