Form 4: Iron Mountain Executive Trades Under 10b5-1 Plan
Statement of Changes in Beneficial Ownership
Iron Mountain Incorporated reports a transaction by EVP Mark Kidd involving the sale of 6,000 shares of common stock under a pre-arranged Rule 10b5-1 trading plan.
Summary
- Mark Kidd, EVP, GM Data Centers & ALM at Iron Mountain Incorporated, sold 6,000 shares of common stock on June 1, 2026.
- The transaction was executed under a Rule 10b5-1 trading plan adopted by Mr. Kidd on March 20, 2025.
- The sale price was $126.70 per share.
- Following this transaction, Mr. Kidd beneficially owns 113,507 shares of common stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it reports a standard executive stock sale executed under a pre-established trading plan, which is a common and expected practice.
Future Outlook
The filing does not contain forward-looking statements or guidance.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for executive stock transactions. The use of a Rule 10b5-1 plan indicates pre-planned trading activity, often used by executives to diversify holdings or manage personal finances while avoiding insider trading concerns.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney | Mark Kidd granted power of attorney to Michelle Altamura, Keely Stewart, Christine Zhang, and Luke Cummiskey to prepare, sign, and file Section 16 filings. | 06/19/2025 | Facilitates timely and accurate filing of required SEC documents by designated individuals. |
Stakeholder Impact
- Shareholders: The sale of shares by an executive under a 10b5-1 plan is generally viewed as a routine financial management activity and may not significantly impact share price unless the volume is unusually large or indicative of insider knowledge.
Key Dates
| Date | Description |
|---|---|
| 03/20/2025 | Date Rule 10b5-1 trading plan was adopted by Mark Kidd. |
| 06/01/2026 | Date of the transaction (sale of common stock). |
| 06/19/2025 | Date of the Power of Attorney granted to Christine Zhang and others. |
| 06/02/2026 | Date of signature for the filing. |
Keywords
Form 4, SEC Filing, Insider Trading, Rule 10b5-1, Iron Mountain, IRM, Stock Transaction, Executive Sale
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