RAKOWICH WALTER C 4

What Happened
Walter C. Rakowich, a director of Iron Mountain Inc. (IRM), reported a gift of 1,600 common shares on May 1, 2026. The transaction is coded as a gift (G) and shows $0.00 in proceeds—this was a disposal by gift, not a market sale.

Key Details

• Transaction date: 2026-05-01
• Transaction type/code: Gift (G)
• Shares transferred: 1,600
• Price/proceeds reported: $0.00
• Filing date (Form 4): 2026-05-05 (filed within the standard two-business-day window)
• Shares owned after the transaction: Not specified in the provided filing; shares are held of record by the Rakowich Living Trust (reporting person is sole trustee) — see footnote F1.
• No indication of a 10b5-1 plan, tax withholding, or exercise activity in this filing.

Context
Gifts are typically personal or estate-planning transactions and do not necessarily signal the insider’s view of company prospects. This filing documents a director’s transfer of shares held in a trust; it does not represent a purchase or sale for cash.