Form 4: Iron Mountain Director Theodore R. Samuels II Reports Changes in Beneficial Ownership

Director Theodore R. Samuels II reports acquisition of phantom stock and sale of common stock in Iron Mountain Incorporated.

Summary

• Theodore R. Samuels II, a director of Iron Mountain Incorporated, filed a Form 4 detailing changes in his beneficial ownership of the company's securities.
• On October 3, 2024, Samuels acquired 38.167 shares of phantom stock due to participation in the Iron Mountain Incorporated Directors Deferred Compensation Plan.
• These phantom shares are the economic equivalent of common stock and will be payable upon disability or cessation of service as a director.
• Samuels also sold shares of Iron Mountain Incorporated common stock in multiple transactions at prices ranging from $118.729 to $119.114.
• Following these transactions, Samuels beneficially owns 4,362.224 shares of Iron Mountain Incorporated common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Industry Context

This filing is a routine disclosure related to insider trading activities, providing transparency to investors regarding the actions of company directors.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the director's transactions.
• The transactions may have a minor impact on the stock price due to the director's trading activity.

Key Dates