Kidd Mark 4
4 · IRON MOUNTAIN INC · Filed Feb 18, 2026
Research Summary
AI-generated summary of this filing
Iron Mountain (IRM) EVP Mark Kidd Receives Performance Award
What Happened
- Mark Kidd, EVP & GM Data Centers & ALM at Iron Mountain (IRM), was awarded 106,977 Performance Units (PUs) effective February 16, 2026. The reported transaction is an award/grant (code A) with an acquisition price recorded as $0.00 because these are contingent equity units, not an open-market purchase.
Key Details
- Transaction date: February 16, 2026; Form 4 filed February 18, 2026 (timely).
- Amount: 106,977 Performance Units; per footnote each PU represents a contingent right to one share of common stock.
- Price: $0.00 recorded (derivative award, no cash exchanged at grant).
- Vesting: PUs were originally granted March 1, 2023 and will fully vest on March 1, 2026 (award amount determined by the Compensation Committee as of Feb 16, 2026).
- Shares owned after transaction: not specified in this filing.
- Transaction code: A = Award/Grant. No 10b5-1, tax-withholding, or late-filing flags noted.
Context
- These are performance-based equity units that convert to common shares only if vesting conditions are met; they do not represent a cash purchase or sale and should be viewed as compensation rather than an immediate market signal.
Insider Transaction Report
Form 4
Kidd Mark
EVP, GM Data Centers & ALM
Transactions
- Award
Performance Units
[F1][F2][F3]2026-02-16+106,977→ 149,768 total→ Common Stock, par value $.01 per share (106,977 underlying)
Footnotes (3)
- [F1]Each Performance Unit ("PU") represents a contingent right to receive one share of Iron Mountain Incorporated common stock ("Common Stock").
- [F2]The PUs were initially granted to the Reporting Person on March 1, 2023. This Form 4 is being filed to reflect the determination by the Compensation Committee, effective as of February 16, 2026, of the actual award of PUs under the grant after completion of the relevant performance period.
- [F3]The PU were initially granted to the Reporting Person on March 1, 2023, and will fully vest on March 1, 2026.
Signature
/s/ Christine Zhang, under Power of Attorney dated June 19, 2025, from Mark Kidd|2026-02-18