DAUTEN KENT P 4
Research Summary
AI-generated summary
Iron Mountain (IRM) Director Kent P. Dauten Receives 1,892 RSU Award
What Happened Kent P. Dauten, a director of Iron Mountain Inc. (IRM), was granted an award of 1,892 restricted stock units (RSUs) reported as an acquisition on May 7, 2026. The Form 4 shows an acquisition price of $0.00 (reported value $0) because these are RSUs; the filing notes the RSUs vest in their entirety on the grant date.
Key Details
- Transaction date: May 7, 2026 — Grant/Award (code A) of 1,892 RSUs at $0.00.
- Filing date (Form 4): May 11, 2026.
- Shares owned after transaction: Not specified in the provided filing details.
- Footnote: F1 — Consists of shares issuable upon settlement of RSUs granted May 7, 2026; the RSUs vest in their entirety on the grant date.
- No 10b5-1 plan, tax-withholding or late-filing flag was noted in the provided information.
Context RSUs are a form of equity compensation that convert into company shares upon settlement; because these RSUs vested on the grant date, they represent immediate compensation rather than an open-market purchase. Such director awards are commonly part of regular compensation and do not by themselves indicate an insider view on the company's stock price.