Form 4: Iron Mountain Director's Stock Transactions

Theodore R. Samuels II, a Director at Iron Mountain Inc., reported transactions involving phantom stock units.

Summary

• Theodore R. Samuels II, a Director at Iron Mountain Inc. (IRM), reported transactions on April 6, 2026.
• These transactions involved the acquisition of phantom stock units, which are economically equivalent to shares of Iron Mountain's common stock.
• The phantom shares were acquired through the reinvestment of quarterly cash compensation and dividends paid on common stock.
• A total of 349.88 phantom shares were acquired from cash compensation, with a weighted average price of $103.61.
• An additional 92.27 phantom shares were acquired from dividend reinvestment, with a weighted average price of $103.52.
• Following these transactions, the reporting person beneficially owns 11,406.14 shares of common stock directly, with an additional 92.27 shares indirectly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral, as it represents routine transactions related to director compensation and a pre-arranged trading plan, rather than a significant strategic shift or performance indicator.

Positives

• Director Samuels is actively participating in the company's deferred compensation plan, indicating continued engagement.
• Reinvestment of compensation and dividends into phantom stock suggests a belief in the company's future value.
• The transactions were executed under a 10b5-1 plan, indicating a pre-arranged trading strategy.

Future Outlook

The phantom stock units are payable in shares of Iron Mountain Incorporated common stock following the Reporting Person's disability or cessation of service as a director. The filing does not provide specific future price targets or earnings guidance.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions. The reinvestment of compensation and dividends into company stock, particularly through a 10b5-1 plan, is a common practice among corporate directors and executives to signal confidence and align their interests with shareholders.

Stakeholder Impact

• Shareholders: The transactions reflect a director's ongoing investment in the company through its compensation and dividend reinvestment programs.

Next Steps

• The phantom stock will become payable in common stock upon the reporting person's disability or cessation of service as a director.

Key Dates

Keywords

Form 4, SEC Filing, Insider Trading, Iron Mountain, IRM, Director Compensation, Phantom Stock, Deferred Compensation, Stock Reinvestment